NISHITH.TV
  • Mumbai
  • Silicon Valley
  • Bengaluru
  • Singapore
  • Mumbai BKC
  • New Delhi
  • Munich
  • New York

Locations

  • Mumbai
  • Silicon Valley
  • Bengaluru
  • Singapore
  • Mumbai BKC
  • New Delhi
  • Munich
  • New York
  • Content
  • Home
  • ABOUT US
  • NDA in the Media
  • Areas of Service
  • Research and Articles
  • Opportunities
  • Contact
  • NDACloud
  • Client Access
  • Member Access
  • Events and Calender
  • How we perform
  • Knowledge anywhere, anytime
  • See our recent deals
  • Up to date legal developments
  • Case studies in M&A

Research and Articles

HTMLPDF

  • Research at NDA
  • Research Papers
  • Research Articles
  • NDA Think Tanks
  • NDA Hotline
  • New Ali Gunjan
  • Japan Desk ジャパンデスク

NDA-Hotline


  • Debt Funding in India Series
  • Private Equity Corner
  • The Startups Series
  • Court Corner
  • Investment Funds: Monthly Digest
  • Insolvency and Bankruptcy Hotline
  • Deal Destination
  • New Publication
  • M&A Interactive
  • Lit Corner
  • Private Debt Hotline
  • Food & Beverages Hotline
  • Companies Act Series
  • Gaming Law Wrap
  • Private Client Wrap
  • GIFT City Express
  • Regulatory Hotline
  • Capital Markets Hotline
  • Tax Hotline
  • Corpsec Hotline
  • Dispute Resolution Hotline
  • M&A Hotline
  • Pharma & Healthcare Update
  • Competition Law Hotline
  • HR Law Hotline
  • IP Hotline
  • Telecom Hotline
  • FEMA Hotline
  • Social Sector Hotline
  • iCe Hotline
  • SEZ Hotline
  • Media Hotline
  • Funds Hotline
  • Education Sector Hotline
  • International Trade Hotlines
  • Other Hotline
  • Real Estate Update
  • Realty Check
  • White Collar and Investigations Practice
  • Legal Update
  • IP Lab
  • Cross Examination
  • Technology & Tax Series
  • Technology Law Analysis
  • Yes, Governance Matters.
  • Financial Service Update
  • Japan Desk ジャパンデスク

Yes, Governance Matters.

September 15, 2011

Yes, Governance Matters! - Corporate Citizenry in the face of Corruption

Dear Business Leaders,

Though India continues its unprecedented economic growth, the year 2010-2011 saw a series of scams unfold across all sectors in India raising questions on how holistic our growth has been. Keeping in mind that growing level of corruption can lead to low levels of effective growth and to sustain our position as an emerging world leader, we believe the time has come for us to develop and implement not only the "Best Practices" but the "Next Practices" in governance.

At a time when companies are looking to grow both organically and inorganically to compete at a global level, it is important to ensure that governance in your organization does not constitute mere 'check the box' compliance, rather 'real governance' in the true spirit of the regulations. Recent corporate scams have put an increased onus on the board of directors of companies to ensure formulation of internal policies to comply with the laws applicable to the organization. Further, as ethical conduct is vital to a corporation's sustainability and long-term success, the shareholders and other stakeholders of a company look upon the board to undertake greater responsibility to oversee implementation of an ethical code of conduct in an organization.

In light of the aforesaid, we at Nishith Desai Associates, have resolved to make it our responsibility to spread awareness, through our newsletter "Yes, Governance Matters!" on the importance of governance and help formulate policies for compliance. We intend to delve into and debate ways to further improve governance standards of India Inc. through newsletters, webinars, teleconferences, panel discussions and more. We urge you to write to us with your ideas, views and concerns for us to be able to aptly address and discuss them. Together, we hope to develop "Next Practices" in governance because Yes, Governance Matters!.

The first issue of this newsletter - 'Corporate Citizenry in the face of Corruption' was released by former Chief Justice of India, Hon'ble Shri Justice P.N. Bhagwati and Mr. Shekhar Kapur, on the inauguration of our new office at Bandra Kurla Complex. This newsletter discusses the role of corporate citizens in nation-wide movement and provides creative solutions adopted by companies across the globe to tackle the menace of corruption. Please find attached our detailed newsletter on the above subject.


Nishith M. Desai
You can direct your queries or comments to the authors

Mission and Vision


Distinctly Different

What's New


Mergers & Acquisitions in India
Research Papers: June 29,2022
Doctors under watch for Professional Misconduct - National Medical Commission in action
Pharma & Healthcare Update : June 29,2022

Events


Webinars

Sustainable Mobility: Opportunities and Challenges
June 09,2022 - June 09,2022

This event is over. For event material please click here


Seminar

Navigating Disputes in India
February 26,2020 - February 26,2020

This event is over. For event material please click here


Round Table

Investing In Net Zero
July 14,2022 - July 14,2022

News Roundup


News Articles

Impact of Supreme Court’s new covidvaccination ruling on India’s employers
May 13,2022

Quotes

TCS case may throw spotlight on job termination in IT industry
June 23,2022

Newsletters


Pharma & Healthcare Update

Doctors under watch for Professional Misconduct - National Medical Commission in action
June 29,2022

Pharma & Healthcare Update

Mid-year Regulatory Update 2022: Medical Device Industry in India
June 28,2022

Pharma & Healthcare Update

Mid-year Update: Digital Health in India
June 27,2022

  • Disclaimer
  • Content
  • Feedback
  • Walkthrough
  • Subscribe
Nishith Desai Associates@2016 All rights reserved.