7.**Information technology governance**

Technological advancement created opportunity and risk. The sheer growth in the size of companies has become more complex, and their dependence on the online cloud platforms has become necessary. There has been a transformational shift in the technology application in the board room. An E-voting facility has been introduced. Most of the companies are engaged in data management using AI and cloud-based technology to safeguard the data. Companies have adapted e-tendering for calling the procurement tenders. The evaluation of tenders is also done online. An increase in strong security systems has reduced cybercrimes.

## 8.**Compensation, risk, and ESG Governance**

These are emerging and hotly debated issues in the realm of corporate governance. The compensation to the CEOs has gone through the roof and is termed as "abusive". Under "No Disclosure Agreement", companies are not obliged to disclose the amount of compensation and the bonuses given after the tenure or as part of severance packages. Such abusive compensation is not even linked to scientific parameters. However, some companies have started linking CEO compensation to ESG parameters. The overall performance of the board and board members are also gaining currency. ESG parameters and contribution to strategic decision-making is employed to evaluate the Board's performance. Risk management has gained a huge spotlight as a corporate governance parameter. The risk could include the nature of political, product, market, and financial factors. Responsible business conduct is a new dimension that is replacing corporate social responsibility.
