Y. R. K Reddy - 01

Dr.Y.R.K Reddy, Director, Asian Centre for Corporate Governance, FAPCCI, Federation House, Red hills, Hyderabad, Andhra Pradesh. Stakeholder engagement should be at the heart of any “sustainable development” agenda. Without engaging stakeholders, there can be no common enduring agreement, ownership or support for a particular project. A venture is more likely to succeed, especially in the long-term, if it takes into consideration the environment in which it operates and endeavours to meet the needs of the stakeholders affected by it. Stakeholder engagement could be viewed as a form of risk management.