The current rules of SEBI and the import of the Companies Act, 2013 make independent directors responsible for a diverse range of activities ranging from formulating strategy, selecting and overseeing the CEO, implementing the strategy and plans, approving all material and financial transactions, approving accounts and related party transactions, mitigate risk processes, oversee CSR and uphold minority interests. Then, what are executive directors responsible for?
The Agenda of the United Nations places significant emphasis on addressing illicit financial flows (
There are many positive ways for business to make a difference in the lives of the poor - not through philanthropy but though initiatives that, over time, will help build new markets.
Kofi Annan: World Economic Forum
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