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Impact Of Board Succession Planning On Corporate Governance Practices




Gilbo Christ E, Alliance School of Law, Alliance University


ABSTRACT


This study delves into the influence of board succession planning on corporate governance practices within organizations. Board succession planning is the process of identifying and preparing potential candidates to fill upcoming vacancies on the board of directors. It plays a critical role in ensuring leadership continuity, fostering board diversity, and upholding stakeholder trust.


This research aims to investigate how effective succession planning strategies contribute to various aspects of corporate governance. This research will also examine whether organizations with robust succession planning processes tend to have more diverse boards with new experiences and perspectives. Additionally, we will explore how succession planning practices impact stakeholder engagement and perceptions of governance effectiveness.


Keywords: delves, governance, diverse, succession, engagement, perceptions



Indian Journal of Law and Legal Research

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Abbreviation: IJLLR

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ISSN: 2582-8878

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Website: www.ijllr.com

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Accessibility: Open Access

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License: Creative Commons 4.0

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Submit Manuscript: Click here

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Licensing: ​

 

All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

 

Disclaimer:

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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