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SAS senior vice president and chief marketing officer Jim Davis
said, "Corporate Governance is often confused with Corporate
Compliance. Both of these are very distinct and definitions of Corporate
Governance are often misleading. Good corporate governance is the
lens through which a stakeholders, customers and suppliers of a
company view a company."
SAS chief executive officer Jim Goodnight, who was the Guest of
Honour for the discussion said, "Cost should not be a constraint
when implementing systems for good governance because more knowledge
at a CEO's fingertips is always an added advantage for the organisation."
Eminent personalities like Oriental Bank of Commerce chairman and
managing director B D Narang, Deutsche Bank chief country officer
Gunit Chadda, Tata Sons executive director R Gopalakrishnan, Pfizer
India executive director (finance) Keval Handa, AV Birla Group chief
financial officer DD Rathi discussed how prudent investment in advanced
technology could be used to make a real difference to a company's
bottomline.
Speaking at the discussion, a CNBC-TV18 spokesperson said, "Corporate
Governance is a systemic process by which companies are directed
and controlled to enhance their wealth generating capacity. Since
large corporations employ vast quantum of societal resources, the
governance process should ensure that these companies are managed
in a manner that meets stakeholders aspirations and societal expectations.
CNBC-TV18 has brought together eminent executives from top organisations
to highlight the fact that good corporate governance is possible
only with a strong and decisive top management, and we believe this
is possible only if they have the right information at their fingertips.
Hence the route to success for any organisation is to invest in
the right technology that gives the Right Information, at the Right
Time, to the Right Person."
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