The Economic Times

HDFC Bank exit spotlights board failures; from Satyam Computers to Tata Trusts, governance gaps hit corporates and nonprofits alike

Corporate and social sector boards face governance challenges. Recent events highlight the need for competent, diverse, and cohesive boards. Failures in oversight have led to scandals and organizational collapse. Non-profit boards often lack engagement and regulatory knowledge. Training and careful selection of members are crucial for effective governance and organizational well-being.