Box ticking Corporate
Governance is a recipe for disaster
Press
Release, 10 January 2003
“If there is one lesson to be learned
from the high profile corporate failures of Enron, WorldCom,
Marconi and the lot, it is that we must move away from the western
model of a box ticking approach to corporate governance. Enron
had ticked every box. The chairman of its audit committee was
a person of irreproachable reputation and no less than the Dean
of Standard Business School...
full story
The Governance of Globalisation
Interview with Dr Madhav Mehra
Governance,
UK, March 2002
The World Council for Corporate Governance,
established last year, wants to see globalisation benefit the
many, not the few. Issues of globalisation, governance, trade,
poverty and sustainability are inseparable, says the Council’s
president Dr. Madhav Mehra...full
interview
(CRC) will meet the February 28 deadline
for submitting its report, the chairman of the commission, Mr.
M.N. Venkatachalaiah, has said.
The Hindu, Friday, January 4, 2002
BANGALORE, JAN 3, The Constitution Review Commission
"CRC will meet deadline deadline on
submission of report"
said Justice Venkatachalaiah at the Seminar on Power of Colloborative
organized by the Institute of Directors and the Center of Corporate
Governance, New Delhi...full
story
Good governance must think of long-term
benefit
The Hindu,
Business Line, Bangalore, Jan. 3, 2002
GOOD governance should pre-suppose a long-term
and sustained benefit to the society at large through collaborative
efforts, rather than focusing on short-term gains of enhanced
value to the shareholders and efficient management of entities...full
story
Top Rung.
Madhav Mehra, the first Asian to be elected Chairman, World
Quality Council in conversation with Radhuka Sachdev.
December 2001, Times
of India
My biggest challenge was to prove that my
years in the government sector could be put the Indian Railways
in 1988. Earlier, I had to work within certain boundaries. Now
there's a complete sense of ownership. I found from the early
experience that training is the only way to empower people.
full story
"Corporate governance
must go beyond shareholders"
The Hindu,
Business Line, Kolkata, December 29, 2001
CAN there be a convergence of corporate and
public governance? This question reflects the core of a discussion
that is being masterminded by Dr. Madhav Mehra, President of
World Council for Corporate Governance, on a national scale...full
story
Engines of National Transformation
by Harichandan A. A.
The Hindu, Bangalore, Friday, August
17, 2001
Globally, corporate organisations are being
asked to be more accountable, practicise self-policing and make
financial transactions transparent and constitutional. They
are expected to be partners in the economic and social transformation
of nations....full
story
Corporates should be more proactive
in checking insider trading
The Financial Express, Tuesday, July
24, 2001
With decision makers in the corporate sector
getting embroiled in controversies, fear and scepticism reigns
the stock market and business channels. Ensuring transparency
and quality of corporate governance, according to Dr Madhav
Mehra, international management expert and chairman of World
Quality Council, is the only hope to rid the corporate sector
of the crisis and regain lost confidence...full
story
Press Release
“CalPERS
Withdrawal from Asian Markets Counter Productive”
February 2002
“CalPERS’
decision to withdraw investment from the emerging markets of
South East Asia viz
Malaysia, Indonesia, Thailand and Philippines is counter productive
and not in the interest of its own shareholders.” says Dr Madhav
Mehra, President World Council for Corporate Governance...full
story
Press Release
"Quality is not perfection of the
same but being different", says Dr. Mehra
"With the cambrian explosion in customer
expectations, quality has been commoditised. The internet has
brought forth a profound change in the competitive environment.
In the warpspeed economy of today the value is added not by
perfecting the same but by being different, profoundly different.
Using our best people simply to cut costs through industrial
age techniques such as Kaizen, Benchmarking, TPM and Six Sigma
can be a gigantic waste of human capital".
full story
Press Release
"Corruption - a stumbling block in
good governance" Says Dr P C Alexander, Governor, Maharashtra
In a stirring address to 400 industry leaders
and policy makers from 20 countries attending the recently concluded
2nd International Conference on Corporate Governance in Mumbai's
Taj Hotel, Dr P C Alexander, Governor of Maharashtra stated
that the "corruption in India was the biggest stumbling
block to good governance". Quoting Mehbubul Haque, the
distinguished economist, Dr Alexander stated "corruption
in India is not down stream but upstream; it travels on wings
to bank accounts in Switzerland; it promotes instead of imprisons
the corrupts and perpetuates poverty. It is the greatest sin
against humanity and calls for a crusade by everyone".
full story
Never
Mind the Width Feel the Quality
Business
Eye, June 1996
Quality Guru Dr Madhav Mehra, president of
India's Institute of Directors, and chairman-elect of the World
Quality Council, says India is undergoing a revolution in its
quality standards, with Britain in a strong position to help...
full story
Guru of substance
June, 1996
"India's first
international quality guru', Madhav Mehra has a full agenda
- encouraging the quality movement in the country while ensuring
that it does not degenerate into meaningless claims.....
full story
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