Good governance crucial than highest market cap for startups: Industry leaders ...Middle East

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Good governance crucial than highest market cap for startups: Industry leaders
New Delhi: As certain Indian digital companies like Byju’s, with a mammoth $22 billion valuation once, get embroiled in corporate governance issues, top industry leaders have said that running a clean company with honest practices and good governance is more important than having the highest market cap. In a conversation with Kunal Shah, founder of fintech major CRED, veteran investor and Info Edge Founder Sanjeev Bikhchandani said that the leader’s role is not to sell stock but to ensure that when somebody else wants to sell their stock, there are enough buyers. “A leader needs to build the company for all shareholders, and ensure everyone gets rich, not just themselves,” he told Shah on t

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