In part two of the conversation, Marico's founder and chairman talks about how entrepreneurs can sharpen their edge in the marketplace to build a sustainable business with focus on corporate governance
Harsh Mariwala, founder and chairman, Marico, believes transparency and high standards of corporate governance—in letter and in spirit—must be the bedrock of an organisation. This is the starting point. But, nonetheless, as companies scale up and expand, governance often takes a backseat, and the interest of minority shareholders is frequently abused. But this must stop, he emphasises; shareholders, and not promoters, own the company.