Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4791
Title: Start-Up Governance – Is It Time to Put an End to ‘Fake It till You Make It’?
Authors: Rajpurohit, Punita
Keywords: Start-Ups
BYJU’s
Key Investors
Zomato20
Issue Date: Mar-2024
Publisher: The Financial Research and Trading Laboratory, IIM Calcutta
Abstract: The past few years have witnessed a change in the start-up landscape of India. The year 2021 saw an exceptional surge in the number of unicorns. A few unicorns also went public. Government initiatives like Start-up India, Make in India, and Digital India have given further fillip to the wave of entrepreneurship and start-ups in India. Start-ups have contributed to employment generation and economic growth. However, the tremendous growth is coupled with ethical and governance issues. Instances of success stories of start-ups tainted with unethical practices and mismanagement are well-known. It is important to ensure that start-ups do not resort to undesirable practices to achieve/showcase growth. As the start-up landscape is growing and evolving in India, there is a need to strike a balance between incentives to promote start-ups and regulatory architecture for start-ups. The start-up ecosystem requires proper regulatory architecture to ensure that growth is not at the cost of governance and ethical considerations. This step is timely and in the interests of all the stakeholders.
Description: Biosketch: Punita Rajpurohit holds a PhD in Management from the Institute of Management, Nirma University, Ahmedabad. Currently, she is working as an Assistant Professor at the Jagdish Sheth School of Management (JAGSoM). She has worked as an assistant professor in the economics and finance area at the Institute of Management, Nirma University for 4 years. Her areas of teaching and research interests are courses in financial accounting and analysis, management accounting, and portfolio management.
URI: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4791
Appears in Collections:Issue 4, March 2024

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