Corporate Governance at Infosys
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Corporate Governance Case Studies
“The fundamental objective of corporate governance is the enhancement of long-term shareholder value while, at the same time, protecting the interests of other stakeholders.”
- Kumar Mangalam Committee report on corporate governance, 1999.
“We've always striven hard for respectability, transparency and to create an ethical organisation. There are certain expectations that we haven't fulfilled. But we're also a very young organisation and in areas like track record of management, we may be low because we're yet to show longevity.”
- Narayana NR Murthy, Chairman and CEO, Infosys Technologies Limited (Infosys), 2001.
The High Priest of Corporate Governance
In 2000, Infosys had been awarded the “National Award for Excellence in Corporate Governance” by the Government of India. In 1999, Infosys had been selected as one of Asia's leading companies in the Far Eastern Economic Review's REVIEW 2000 Survey and voted India's most admired company by The Economic Times.
1] Infosys was one of India's largest and most
famous software companies and provided a range of Information Technology
(IT) consulting and software services to leading global organizations.
Infosys was involved in customized software development, Internet
Consulting, application development and offshore software services.
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