There is an urgent need to arrest the deterioration in Corporate Management. IL&FS is the latest – IL&FS Scandal: SFIO uncovers grave irregularities on corporate governance and financial parameters, says report – Moneylife.
Similarly after the Volkswagen fiasco one has to look at when Hermes EOS, the stewardship division of Hermes Investment Management, calling for an overhaul of the management and corporate governance culture at Volkswagen. Subsequently I wrote another article in Slideshare: Who failed Volkswagen, is it Corporate Governance or Management Quality?
My book Return on Intangible – Measuring Corporate Fiscal and Ethical Assets: CREAM Analytics of Policies, Practices and People, precisely expounds the theory of Return on Intangible that shall MEASURE Corporate Governance differentiating with Management Quality. This 3 Day Workshop for those interested companies may contact me, as given in the last page of the 3 Day Workshop Details.
Get yourself RATED.
The Opportunity Indian Economy to be $10 trillion by 2035 – Suresh Prabhu
India to be $10 trillion economy by 2035: says Suresh Prabhu. With the current GDP estimate of $2.6 trillion in about 18 years we could reach $10 trillion at a CAGR of 7.77%, as against the current growth rate of 7.3% in the current fiscal year 2018-19. $5 trillion in 7 years, as Suresh Prabhu mentioned, works out to a CAGR of 9.79%.
A lower capital output ratio shows that only low level of investment is needed to produce a given growth rate in the economy. This is considered as a desirable situation. Lower capital output ratio shows that capital is very productive or efficient. Return on Intangible guides the way for THE Productivity Index to propel Indian Economy to greater heights.
I exhort to keep the target growth @15%, so that Indian Economy reaches $7 trillion in 7 years paving way to $33 trillion by 2035. How?