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VOL. 10, ISSUE 2 (2024)
Beyond the mandate: Unveiling the legal and performance implications of diverse Boards of Directors (BoDs) in India
Authors
Taresh Dua
Abstract
Boards with directors from diverse
socio-economic backgrounds bring a wider range of experiences and perspectives
to the table. This fosters a more inclusive understanding of the market,
stakeholder needs, and the socio-economic landscape companies operate within
Directors from diverse backgrounds can provide valuable insights into consumer
behavior, market trends within different segments of society, and potential
social impacts of business decisions .A combination of experience in different
sectors and functional areas equips boards with a broader knowledge base for
strategic decision-making Directors with diverse backgrounds can provide
valuable insights on industry trends, market dynamics, and functional expertise
in areas like finance, marketing, or operations [1]. This diversity
of experience allows boards to make well-informed decisions and adapt to a
constantly evolving business environment
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Pages:135-138
How to cite this article:
Taresh Dua "Beyond the mandate: Unveiling the legal and performance implications of diverse Boards of Directors (BoDs) in India". International Journal of Law, Vol 10, Issue 2, 2024, Pages 135-138
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