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Is Indian Business Ready for a Brave New World of Tough Corporate Governance?
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******************************** Is Indian Business Ready for a Brave New World of Tough Corporate Governance? http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1332 Demands have long been heard for greater transparency in the way Indian companies do business. Now, matters are about to come to a head. Ready or not, India's public companies must meet a January 1, 2006, deadline to comply with sweeping new corporate governance standards inspired by the Sarbanes-Oxley Act in the U.S. Are Indian companies ready? According to experts at Wharton and Egon Zehnder, the international executive search firm, the rewards for companies that implement sound corporate governance practices can be large.
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