Abstract:
The industrial economy of any country depends upon the role and performance of corporate leaders, be it sustained growth of national income, balancing of international trade or payments, meeting the foreign exchange requirements or mitigating national resource disadvantage, the country banks upon them to attend to such national tasks and challenges. They are the ultimate deliverers, as neither the government nor the administrators (bureaucracy) can do it. India is facing unprecedented challenges of slow down of economy, sustained adverse balance of trade and current account, intense global competition in domestic market, falling corporate performance, mounting by non performing assets and looming threat of international oil price hike. An evaluation of the performance of and the role played by corporate leaders in the pre and post liberalization era is called for to identify the tasks ahead, the areas that need immediate attention and also the strategic and policy shift necessary to me...
