When we introduced ‘corporate governance’ as an elective during my tenure as Director of LIBA, we found the course to be an extremely popular one. The course became popular, partly because of the subject, but largely because of the popularity of Professor Fernando. His book Corporate Governance: Principles, Policies and Practices distills and collects the results of all those years of teaching by Professor Fernando at LIBA.

I am greatly honoured by the privilege accorded to me by my former colleague in being asked to write the foreword to his book. Today, governance has become a hot subject in every field. We need good governance in government, especially in people-elected governments. In fact, governance is important for effective ...

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