I’ve seen fair share of companies taken to coffins because of corporate governance issues.
Management integrity is something which cannot be ignored while investing.
Once a cheater, always a cheater.
What is happening with Hikal, Sterlite Technologies, PTC India Financial Services isn’t going to end well for retail investors.
While it’s very difficult to find out such governance issues in advance.
Though it’s always safer for investors to stay away from companies which already battled with corporate governance issues in past.
A simple due diligence will save you a lot of hard earned money.