Category Public Finances and Macroeconomics

Enhancing Corporate Governance and Performance through Shareholder Democracy

Enhancing Corporate Governance and Performance through Shareholder Democracy

Japanese companies initiated the practice of letting workers give feedback on how shopfloor activity could be improved. That led to workers engaging consciously with their work, gave workers more agency and involvement in their work, improving quality and productivity. Workers, in any case, exercise democracy in the working of their unions and associations.
Decoding Sam Altman's Impact on Personal Loan Guarantees in India

Decoding Sam Altman’s Impact on Personal Loan Guarantees in India

The shock and sense of injustice that most Indians feel at the ouster of a founder from the company he or she founded also gives, in the same breath, legitimacy to founders being held responsible, without limit, for the failure of the company and for its resultant liabilities.
Impact Investing: India Philanthropy

Impact Investing: India Philanthropy

The EdelGive Hurun India Philanthropy List 2023, which was released on November 2, has 119 philanthropists who gave away ₹8,845 crore in 2022-23. Philanthropy is welcome, but impact investing would benefit society more. What is impact investing? It is investing that prioritizes an intentional, measurable social or environmental benefit over maximizing financial returns. Impact investing is gaining traction among asset managers as a superior alternative to vaguely defined ESG integration. They aim to generate decent financial returns while helping achieve identified social and environmental goals. The global hunt for impact investing opportunities is welcome, but Indian entrepreneurs should model themselves on the Omidyar Network rather than chase after an ESG gloss to their returns.