‘Boardroom is not where corporate governance is born’ - Newindpress.com

‘Boardroom is not where corporate governance is born’ - Newindpress.com: "‘Boardroom is not where corporate governance is born’
Thursday August 11 2005 00:00 IST

CHENNAI: True movement on corporate governance will not happen from the board of directors of companies, but from mature NGOs, according to Nachiket Mor, executive director, ICICI Bank.

He was addressing a gathering at the Director’s Power Breakfast Series 2005 organised by the Asian Centre for Corporate Governance, here on Wednesday.

Advocating the cause of non-governmental organisations in re-examining the corporate governance aspects, Mor said, “It should be public interest driven. India needs to follow the similar trend in Korea where NGOs set the agenda for corporate governance issues.”"