When there is a governance malfunction, both the error and the timeliness of response come under public scrutiny.
Commentaries on governance usually dwell on misdemeanour and are often presented as being of a gross nature. Despite recommendations by the Cadbury Committee in the UK, the Sarbanes-Oxley Act in the US, and Sebi regulations in India, misgovernance cases keep recurring. Maybe there are aspects beyond regulations and logic at play.
Commentaries on governance usually dwell on misdemeanour and are often presented as being of a gross nature. Despite recommendations by the Cadbury Committee in the UK, the Sarbanes-Oxley Act in the US, and Sebi regulations in India, misgovernance cases keep recurring. Maybe there are aspects beyond regulations and logic at play.
Usually, the perpetrators are depicted as evil-eyed plotters. It may be true in some cases, but doubtful in some others. While some do demonstrate malintent, many are examples of “escalating
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