Forbes India 15th Anniversary Special

Thoughts on corporate governance

Published: Jul 11, 2015 06:39:59 AM IST
Updated: Jul 9, 2015 04:34:21 PM IST
Thoughts on corporate governance
Image: Chaitanya Dinesh Surpur

Good corporate governance is about ‘intellectual honesty’ and not just sticking to rules and regulations. Capital flowed towards companies that practiced this type of good governance.
Mervyn King

Apply yourself. Get all the education you can, but then, by God, do something. Don’t just stand there, make it happen.
Lee Iacocca

Ethics in business is extremely important; your reputation is all you have in life.
Freddie Laker

There is evidence of a steady erosion in trust for established authorities. As trust diminishes, so increases the demand for transparency.
Tom Delfgaauw

Governance is the process whereby people in power make decisions that create, destroy or maintain social systems.
Maria Ramos

If people are good only because they fear punishment, and hope for reward, then we are a sorry lot indeed.
Albert Einstein

If management is about running the business, governance is about seeing that it is run properly.
R Tricker

Corruption is not simply a matter of theft but a betrayal of trust.
Christopher Merrett

Good corporate governance, it’s about being proper and prosper.
Toba Beta

Courage is what it takes to stand up and speak. Courage is also what it takes to sit down and listen.
Winston Churchill

You do not have to do anything improper to have a conflict of interest; it is strictly situational.
Paul J Friedman

(This story appears in the 24 July, 2015 issue of Forbes India. To visit our Archives, click here.)

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  • Steven Austen

    Values-based corporate governance is about doing the rights things, for the right reasons, at the right time, in the right way.

    on Jul 13, 2015