Wednesday, June 05, 2013

Mohandas Pai's ambivalence on corporate governance

The Hindu Business Line asked Mohandas Pai, a protege of Narayana Murthy "what kind of practice it is to bring the son into the company, even if it is only as an executive assistant".

Pai's reply is disappointing to those who value corporate governance. Pai argues that you cannot stand on niceties in a desperate situation. Does it mean governance is negotiable? One expects better opinions from a person like Pai.

Pai goes on to add, "Empower him, give him whatever he wants". Infosys should not behave like a shameless political party.

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