JEMTEC

Evolving Principles for any emerging field is most tedious, time consuming and difficult to converge diverse interests, practices and cultures. There are essential factors for prudent investors to invest their scarce resources for achieving long-term returns through  accountable governance structures. The Governance principles have been formulated and reformulated after rigorous consultations by the OECD in six key areas, namely rights of shareholders, interests of stakeholders, role of board, disclosure and discrepancy, basis for effective governance framework and  integrity and ethical behavior. These can also be clubbed both in precise and extended forms. Some of the commonly accepted principles can however be identified as: 11 .    Sustainable Long-term vision - Optimizing performance, profitability and returns. 22.   Shareholder’s rights and responsibility - Corporate charter, majority voting standards, shareholders activism, access to Director’s nomination. 33.