Student at Amity Law School, Amity University Maharashtra, India.
The Indian corporate sector was severely hit by the pandemic. The system of governance changed suddenly. From daily office trips to work from Home Model to a Hybrid structure of working. Each mode of working has its advantage and a fair share of drawbacks. This brings us to the most important question and that is how can one increase corporate performance in the wake of different ESG parameters considering the deadlocks and hurdles created by Covid 19. This situation was worsened by the onset of the pandemic, and 2 massive lockdowns made the situation more critical. Around 4.5 billion dollars worth of losses were reported by the SME sector, which is the key driver and force behind India’s GDP. This problem is made more complex when people start moving back to villages from cities, which makes them the potential carriers of the virus, risking the spread of the virus from cities to villages. Health structure cannot take that much load. All these issues when coupled with retrenchment and lay off by small enterprises give a cocktail of problems which need to be tackled. COVID-19 has taught us that data can be crucial and helps us fight any experiences in the future. To get back to the pre-covid level, corporations need to analyze their working strengths pre-covid and now. Time limits also have to be analyzed, considering the various extra regulatory approvals required after COVID-19.
International Journal of Law Management and Humanities, Volume 5, Issue 4, Page 55 - 59DOI: https://doij.org/10.10000/IJLMH.113275
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