Debates about entrepreneurship & growth

This is a crucial issue at a time when global business leaders are committing themselves to stakeholder interests rather than only shareholder interest

Like persistent bacteria which linger in the gut, debates about facilitating business linger in the alimentary canal of the economy. Last week, I participated in two different panel discussions, one in Mumbai and another in Bengaluru. Several issues came up for discussion, though I have selected only five for this column. 

First issue: There is a strong view among some promoters that independent directors should have skin in the game through ESOPs so that they are better aligned to value creation. “Skin in the game” is an expression that is attributed to Warren Buffet. The role of boards and independent directors