Justify the following statement: Indian companies prefer to appoint a Managing Director than a Manager.

Monjur Alahi

Justify the following statement:

Indian companies prefer to appoint a Managing Director than a Manager.


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Salim Ahmed Kawsar

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  • Indian company prefers to appoint managing director rather than manager because Managing Directors holds dual authorities and he is able to influence the board of director in a better way.
  • Manager need not be a director of a company while the managing director has to be director of a company,
  • The company cannot have more than one manager, while it can have more than one managing director.
  • Thus, Indian companies prefer to appoint a managing director than a manager.

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