Navigating the New Era of Corporate Governance: Insights into Reporting, Law and Insolvency

This book examines the transformation of modern corporations in an era defined by governance reform, sustainability imperatives, financial volatility, digital disruption, and regulatory complexity. It synthesizes interdisciplinary research to explain how organizations can remain resilient, ethical, and value-creating amid rapid technological and institutional change. By integrating insights from corporate governance, ESG, finance, law, and artificial intelligence, the volume offers a holistic framework for understanding contemporary business challenges and strategic decision-making.

The book is organized into five thematic parts covering board governance and leadership, ESG and sustainability, financial performance and risk management, digital innovation and AI, and legal and regulatory frameworks. It presents empirical and analytical studies on board diversity, ethical and spiritual leadership, sustainability disclosures, greenwashing, risk modeling, market psychology, post-pandemic resilience, and AI-enabled decision systems. Comparative regulatory analyses and real-world case studies demonstrate how governance quality, technological adoption, and compliance standards directly affect firm performance and stakeholder trust. The book’s main finding is that long-term corporate success depends on aligning technological capability, ethical judgment, financial prudence, and regulatory discipline within an integrated governance ecosystem.

The book is intended for academics, doctoral scholars, policymakers, corporate leaders, board members, regulators, and advanced students in management, finance, law, and sustainability. It is particularly relevant for readers seeking research-driven insights into governance, ESG, digital transformation, and risk across emerging and global markets.

Imlak Shaikh is an accomplished academic and researcher in Accounting and Finance, currently serving as Professor at the Management Development Institute (MDI), Gurgaon, India. He served as the Chairperson of the School of Management of Financial Institutions (SoMFI) and Warden (Boys’ Hostel) at MDI Gurgaon. He holds a Ph.D. in Finance from the Indian Institute of Technology (IIT) Bombay, where his doctoral research on implied volatility in the Indian derivatives market earned him the prestigious Ph.D. Thesis Excellence Award at IIT Bombay’s 53rd Convocation. Prof. Shaikh also holds an MBA (Banking & Finance), M.Phil. (Banking), M.Com., and B.Com. with specialization in Statistics, and is a Gold Medallist in M.Com. He has qualified UGC-NET and JRF in both Commerce and Management. With over two decades of teaching and research experience, Prof. Shaikh has taught at premier institutions including MDI Gurgaon, BITS Pilani, IIM Kashipur, IIM Nagpur, and IIM Rohtak. His teaching interests span quantitative finance, financial derivatives, applied econometrics, risk management, and accounting. Prof. Shaikh is a highly published scholar, with an extensive portfolio of research articles in leading ABDC-listed, Scopus- and SSCI-indexed international journals, covering areas such as financial market volatility, policy uncertainty, sustainable finance, ESG, banking performance, cryptocurrencies, and environmental finance. Several of his works have appeared in renowned journals. He has also served as Guest Editor, conference convener, Ph.D. supervisor, and principal investigator in sponsored research projects, and has received institutional recognition for Excellence in Research at MDI Gurgaon. Prof. Shaikh actively contributes to academia through doctoral mentoring, executive education, and policy-relevant research in finance and sustainability.

Arun Kumar Tripathy is a Fellow from Indian Institute of Management (IIM), Bangalore, with specialization in the field of Corporate Strategy and Policy. He is currently a faculty in the area of Strategic Management at MDI Gurgaon. His current research focus is on corporate governance and sustainability, with an emphasis on their strategic implications for organizations. His research work has been published in high-impact journals. One of the business cases that he has authored was nominated for the Outstanding Case Author award. In addition, he has presented his research at various national and international conferences. He has also served as an Independent Director on the boards of several Indian companies, where he contributed to key board-level committees such as the Audit and Risk Management Committee and the Nomination and Remuneration Committee. He has been a visiting faculty member at several Indian Institutes of Management (IIMs). Prior to entering academia, he held various industry roles, including consultant, head of strategy, and marine engineer.

Leena Ajit Kaushal is faculty in Economics at Management Development Institute Gurgaon, India. She did her PhD in Economics and Masters in Business Economics (MBE) from Devi Ahilya University, India. She has received Postgraduate Certificate in Academic Practice from Centre for the Enhancement of Learning and Teaching (CELT), Lancaster University, UK and holds a status of ‘Associate of United Kingdom Higher Education Academy’. Her teaching areas are Macro Economics, Development Economics, International Economics and Foreign Direct Investments. She has authored and co-authored quite a few books. She is credited with research publications and case studies in various refereed national and international journals. Her research interest lies in the field of Development Economics, Foreign Direct Investment, Sharing economy and Macroeconomic issues and policies.