Business
Professor Shashwat Alok from ISB Hyderabad is the perfect person to throw light on what drives corporate governance issues in India. Well, the country has been an excellent breeding ground for corporate governance, or shall we say corporate misgovernance case studies, be it Satyam, IL&FS, DHFL, ICICI, and now Yes Bank. Prof Alok discusses why corporate governance often fails to translate from rules and processes to actual execution, touching upon a multitude of themes be it risks of promoter-led shareholding, lack of market reforms, to inadequate and opaque disclosures. A proponent of the power of free markets, Prof Alok strongly feels if transparency and accountability is enhanced, the market will take care of the rest, without needing an overkill on regulations. Tune in for this mighty-interesting chat.