Author Archives: surenraj

About surenraj

“Views expressed are my own”

An Oligopoly’s self imposed Path to Destruction and Disgrace

Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. There is no precise upper limit to the number of firms in an oligopoly, but the number must … Continue reading

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Ethics is Not yet at the Heart of Business.

Ethical business conduct and Ethical investments are great concepts in the developed world but the findings about ethical behaviors based on public perception is no different to a developing country. Because ethics programmes will only have an effect on corporate … Continue reading

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Failure to Demine the Accounting Minefields

I borrowed the following two paragraphs to point out that the financial reporting world has not become better in two decades, despite many new  accounting standards and rules. The relevant article was titled  “Tread Lightly Through These Accounting Minefields” (H David … Continue reading

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Why governance for SMEs?

When Joe or Alice opened a corner shop in the neighborhood they never thought of governance frameworks and policies. They knew they had to sell stuff at a price exceeding cost and make a living out of what is called … Continue reading

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Governance & Journalism in good Ole Lanka!

  In contrast to Donald Trump’s war cry about “fake news”, a humble Barack Obama emphasized in one of his speeches to the African leaders that “good governance means everybody has a voice, that government is transparent and, thereby, accountable. … Continue reading

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Audit Committee role in IT Governance

With increased automation of operations in companies, internet connectivity and reliance on IT the associated risks have also increased many folds. Questions have been raised regarding the role of the audit committee in monitoring increased IT risks. The audit committee … Continue reading

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Govern Artificial Intelligence or face Destruction

After reading the title, many well read corporate leaders and IT pundits must be wondering what’s wrong with me or thinking if I also need AI, which may have been useful considering the state of our political situation! Considering our … Continue reading

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