Lack of corporate governance is sure path to destruction for cos: NR Narayana Murthy - News Summed Up

Lack of corporate governance is sure path to destruction for cos: NR Narayana Murthy


Talking to ET Now at the sidelines of the ET Startup Awards, NR Narayana Murthy , Co-Founder, Infosys , says that if we lose transparency, if we lose fairness, if we lose accountability, that is the absolutely sure path to quick destruction.Edited excerpts:NR Narayana Murthy: I think, each generation is better than and smarter than the previous generation. They have to use wonderful innovation and they have to create a differentiated business value to win in the market. It does not matter we may have created 200,000 jobs, then we should say how do we create 250,000 jobs. I think it is very important for all of us to realise that good corporate governance is the foundation on which strong companies are built. If we lose corporate governance, if we lose transparency, if we lose fairness, if we lose accountability -- let me assure you -- that is the sure path to quick destruction.NR Narayana Murthy: Absolutely.


Source: Economic Times August 19, 2017 08:15 UTC



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