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    G.N. Bajpai former SEBI Chairman discusses the essence of corporate governance

Corporate Governance is often confused with the observance of the framework alone’: G.N. Bajpai. During a talk on ‘Value Creation through Corporate Governance’, hosted by IIMB’s CCGC, former SEBI Chairman discusses the essence of corporate governance

 
31 July, 2017, Bengaluru: “Corporate Governance is all about wealth creation, wealth management and wealth sharing – it is a philosophy of business”, said guest speaker G.N. Bajpai discussing the evolution of Corporate Governance, during a talk on ‘Value Creation through Corporate Governance’, hosted by the Centre for Corporate Governance and Citizenship (CCGC) at Indian Institute of Management Bangalore (IIMB), as part of its Leaderspeak Series, on July 31 (Monday), 2017.
 
G.N. Bajpai, who is the former Chairman of SEBI, as well as former Chairman of LIC, is the winner of the Prime Minister’s award for 'Outstanding Contribution to the Development of Finance’ and is on the Board of several corporations. The distinguished business leader went on to say that Corporate Governance is a term used more than any other in the corporate world, but “the real philosophy is lost in the din of the regulatory framework, legislative provisions and endless debates”.
 
He pointed out that the barrier to good corporate governance is varying interests of different stakeholders, which leads to abuse of authority and opportunity. That is how regulation came in to the picture and formation of legislation to ensure that the obstacles do not hinder good corporate governance.
 
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Source : www.iimb.ac.in