Originally posted by EnVee
<font face="Georgia, Times New Roman, Times, serif" size="3">Yes, absolutely. Sitting on the fence or making guest appearances will not do. This is not an emotional game where you are torn to two sides and cannot take a call.
Although being the only son makes it difficult for him to sell the shares, also the emo blackmail from sisters. So the weight on not selling shares and participating actively is more. </font>
My two cents ...
Few companies which claim to have spread it's wings under the facade of a multi national or a corporate still remains a Baniye ki dukhan.
There seems to be an entitlement to ownership..., we can talk endlessly about corporate governance and share holding... It's for everybody to see with regard to what's happening with the big five in India..,,
In Fortune 500 companies there is a distinction between the chairman and CEO, in small companies , it's may be not required...Good corporate governance is about making good decisions at board level whatever be the scale of the company ... to improve the value of their company in their span of vision,
Isn't there a rubric that good governance demands for the board to follow while making such decisions. Hope the AGM will lay base to redefine the rubric that Ranjan's company has adopted so far...