6
oDrivers of Corporate Governance
nCorporate Scandals
nIncreased focus on Compliance
nFrom compliance it is now a business imperative
nGlobalizing forces
ospeed of globalization of corporate governance practices with a lot of ‘copy-cat’ tactics”
oglobalization of corporate governance also holds implications for regulators and governments, especially in developing markets.
o
Impact of Global Developments on Corporate Governance- contd