Author Archives: surenraj

About surenraj

“Views expressed are my own”

Governance down a slippery slope

The slippery slope here is how to differentiate between sexual harassment and voluntary and consensual actions of two people that went sour. On the back of many revelations in Hollywood inappropriate behavior and sexual harassment has taken front page news, … Continue reading

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Accountants’ dilemma- Confidentiality vs Disclosure of Non compliance

  Accountants to become whistle blowers or lead the anti corruption fight in organizations require certain prerequisites. Like in the mafia type movies, Accountants will become the snitch that a mafia goes after and eliminates to keep their secret, if … Continue reading

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Accountants fight against Corruption

Poverty reduction may be an idea in every political agenda just until they win the election and then it’s about reducing poverty of the poor parliamentarians! Bribery & corruption has a destructive effect on economic growth and erodes public confidence … Continue reading

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Governance vs Performance in SoBE’s

By governance I mean good governance as a process as an attitude and as a mechanism to do business. Specifically, this relates to concerns raised during discussions with state owned business enterprises (SoBE) on how public institutions should conduct public … Continue reading

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Lessons for us from Kotak Panel (India) Report on Corporate Governance

The Securities and Exchange Board of India (SEBI) is planning to surge ahead by proposing for greater focus on transparency and disclosures to improve corporate governance, with its latest Kotak Panel report. The recommendations cover a wide range of requirements … Continue reading

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Does an Audit contribute to Better Governance

Audits are part of the governance process in companies. However, no governance system, however well designed, will fully prevent greedy, dishonest people from putting their personal interests ahead of the interests of the companies they manage. Frauds can be covered … Continue reading

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Convergence of Risk Management and Governance

Risk management is the identification, assessment, and prioritization of risks. Risk management in normal life means that it should be avoided but in corporate life it does not mean the same. It is defined in ISO 31000 as the effect … Continue reading

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