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Augmenting Corporate Governance Through System Dynamics, Mridula Sahay, Kuldeep Kumar
Augmenting Corporate Governance Through System Dynamics, Mridula Sahay, Kuldeep Kumar
Kuldeep Kumar
The paper aims to augment good corporate governance as a whole with the efficiency and effectiveness of system dynamics via a system dynamics model. The majority of study of corporate governance focus on financial issue, ownership, agency theory etc. rather than analyzing the relation of all aspects associated to corporate governance system as a whole. This study aims to address this gap by focusing on corporate governance in a holistic manner. The value is determined as two-fold: i) It is possible to understand the importance of system dynamics methodology; and ii) It can help the organization to quantify corporate governance …
Invigorate Corporate Board Through Indian Scriptures, Mridula Sahay, Kuldeep Kumar
Invigorate Corporate Board Through Indian Scriptures, Mridula Sahay, Kuldeep Kumar
Kuldeep Kumar
There have been scores of corporate failure all over the world due to poor corporate governance or lapse in well manage corporation at the board level; due to this transparency, accountability, fiduciary duty, interest of shareholders, etc. are impinged on. Erosion of values, wisdom, righteousness, fairness, equanimity in judgment, etc. are appear to be possible attributes responsible for accelerating to corporate turpitude. Hence, this paper attempt to draw attention of the board members to look in to Indian scriptures and harmonize them to achieve sustainable and effective good governance and accentuate on their potential in helping to fulfill board’s responsibilities …