000 02382nam a22002417a 4500
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020 _a9789357025126
028 _a: International Book Distrubutors
_b: Flat No. 17, Prakash Apartment, 4405/2,5, Ansari Road, Daryaganj, New Delhi.
_c: 120875
_d: 22/10/2024
082 _a658.42 GOP
100 _aGopalakrishnan, R.
100 _a;Jayakumar, Tulsi.
245 _aInside the Boardroom
_b : How Behaviour Trumps Rationality.
_c/ R. Gopalakrishnan.
260 _a, New delhi
_b: Rupa Publication
_c, 2023.
300 _axiv, 206p.
_c: 24cm.
365 _b416
520 _aThe largest private airline in India went bankrupt, as did the bank that could not say no to its borrowers who defaulted on huge loans. Could these disasters have been foreseen, if not averted? Would it have helped if the directors on the board had spoken up before the corporate failure? Inside the Boardroom explores the downfall of these companies and many more in the light of directors’ behaviour and its impact on corporate governance. R. Gopalakrishnan and Tulsi Jayakumar believe that corporate success goes beyond having significant knowledge of accounting rules and governance regulations. They boldly assert that directors’ behaviour in the boardroom is less rational than may be widely believed! Being human, directors’ decisions are naturally subjective and prone to behavioural bias, especially when confronted with manifestations of power, passion and authority in the boardroom, or even a secret desire to be accepted by others. Hence, successful directors and boards need to be deep observers of human behaviour and boardroom dynamics because behavioural and cultural nuances are significant aspects in most incidents of mismanagement leading to governance failure. Lucidly described with a plethora of real events and insightful instances, Inside the Boardroom showcases the authors’ experience with governance and boardroom behaviour. It brings to light misbehaviours in the boardroom, early warning signs of failing governance in companies and some magical mantras for CEOs and independent directors to prevent failures.
650 _aDirectors’ behaviour
650 _aAccounting rules and governance regulations
650 _aBoardroom
700 _aR. Gopalakrishnan.
942 _cBOOK
999 _c62549
_d62549