Study of Bifurcation in Chairman and CEO Designation – A Recommendation of Kotak Committee
Keywords:
Business Strategy, Corporate governance, Independence, PromotersAbstract
Structure of boards of directors has taken prominent position in recent times. It is propagated to separate position of Chief Executive Officer and Chairman. Boards of Directors are envisaged in managerial roles. Effectiveness diluted due to dual role exercised by same executive. Family run businesses manifest inclination to bifurcate roles to certain extent. However, entrepreneurship entails capabilities beyond professional sphere.
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Copyright (c) 2021 Vijaykumar Madhukar Wankhede
This work is licensed under a Creative Commons Attribution 4.0 International License.