Centre for Corporate Governance & Citizenship hosts online panel discussion on ‘Ways for the Future: Board Independence – Insider Influence and Vested Interests’ on 28th Feb
The Centre for Corporate Governance and Citizenship (CCGC) at IIM Bangalore hosted an online panel discussion on ‘Ways for the Future: Board Independence – Insider Influence and Vested Interests’, on 28th February 2023 (Tuesday).
Insider influences can vary depending on the nature of the company. For widely held companies, the vested interests of the executive management often take the form of high pay for limited performance. In controlled companies, vested interests may be the controlling owners themselves in terms of entrenchment and self-dealing. Are Independent Directors equipped to challenge these insiders? Or is that possibly asking for a bit too much? These were few of the issues discussed during the session.
Watch here