Board members need not feel obligated to anybody or buckle under pressure. It’s the Indian mentality, argues Nawshir Mirza, one of the few outspoken independent directors in India Inc “We can’t take dissent and any criticism is taken as a person affront. Most global boards go through headhunters and search firms to hire independent directors. In India, though, it is still ad hoc.“With predominantly promoter-driven companies, the practice of appointing independent directors has largely been about who you know and feel comfortable with. In cases, the long tenures of independent board members have been self-defeating.

Source: Economic Times May 14, 2018 18:30 UTC