Stressing on the need of effective corporate governance in the present globalised economic scenario, Institute of Science and Management (ISM) Pundag inaugurated a two day National Seminar on ‘Paradigm Shift in Corporate Governance’ on Saturday.
Introducing the theme, Professor RN Singh of the institute explained the present industrial scenario wherein most of the industries are indulged in scams. The term Corporate Governance was coined to protect the interest of the investors.
Former Director (Personnel) Coal India limited UK Choubey said, “The faith of investors in corporate governance has decreased so is it important to encourage it or else this governing concept would perish in the coming days.” “The behaivour of investors depends on the functioning of corporate governance,” added Choubey.
Chairman-cum-managing Director Central Coalfields limited Gopal Singh was the guest of honour along with Taj Hotels Human Resource Director Sanjay Bose and other public-private houses, educational institutions and banks.