Corporate governance allegations are not new, two ... moreCorporate governance allegations are not new, two years back similar allegations surfaced that led to the ouster of the then CEO, Vishal Sikka, two years back. Allegations seem to be serious, pertaining to accounting anomalies for boosting short term profits. Problems of corporate governance stems from the fact that in India, companies are driven by all powerful CEOs and promoters who have a far longer tenure at the helm of things, compared to global average of just three years. In the latest dispatch for Mint expert shorts, Tarun Bhatia, Managing Director and Head of South Asia in the Business Intelligence and Investigations practice of Kroll, opens up on this and more.
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