Indian Banks: Corporate Governance — Miles To Go

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2039

Compliance with the formal corporate governance code will be incorporated in FY2001 annual reports. investors should not be dismayed by the lack of a corporate governance structure or conversely, lower their guard at elaborate corporate governance norms. Our report reveals that substance (eg, the importance of truly independent directors) is more important than form (compliance with the corporate governance code).

SOURCEUBS Warburg
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