Governing corporate governance

Authors

S Raghunath, Indian Institute of Management BangaloreFollow

Document Type

Article

Abstract

Interest in corporate governance has increased dramatically in recent months, spurred by the increased activism of regulatory bodies, the rise of the institutional investor, the takeover moves in the corporate world and the advent of investigative reporting in business journalism. The question is whether inherited governance structures and conventions remain appropriate and what can be done to make them effective. Problems arise because of ineffective governance and the myopic view of the market. Companies chronically underperform because management is too responsive to short term pressures to increase profits. Understanding what affects the quality of corporate governance requires a careful consideration of the membership, composition and organisation of the board and the information provided to the board.

Recommended Citation

Raghunath, S (1996) "Governing corporate governance," IIMB Management Review: Vol. 8: Iss. 3, Article 15.
Available at: https://research.iimb.ac.in/imr/vol8/iss3/15

Publication Date

12-1-1996

First Page

93

Last Page

97