CORPORATE GOVERNANCE

Click to edit Master subtitle style

MBA

By: Anusha.T.V. 2nd SEM

5/24/12

SATYAM VADA DHARMAM CHARA

Forever speak the truth and follow the dharma . Click to edit Master subtitle style

GOVERNANCE IN RAMAYANA To provide the maximum the happiness for the maximum number of people for more period based on the principles of dharma

5/24/12

Meaning:Master subtitle style Click to edit

CG is the set of process ,customs ,policies,laws,rules and institutions affecting the way a company directed . CG is the set of rules which aims to improve the companys image, efficiency , CG deals with effectiveness the complex set of
relationships between corporations and its Board of Directors , managements, shareholders , stakeholders.
5/24/12

The important theme of CG is to ensure accountability of certain individuals in an Click to edit organization. Master subtitle style

CG is the road map that directs BOD of a company to govern the affairs of the company in a most beneficial way for the shareholders, creditors, Government and society.

5/24/12

The decision taken by BOD should be transparent to Government, shareholders, Master subtitle style Click to edit creditors etc
Parties involved in CG are ------*Chief executive officer *BOD *Management *Shareholders *Auditors

5/24/12

Driving forces in India:

*Unethical business practices *Impact of globalization *Impact of privatization

Click to edit Master subtitle style

5/24/12

Evaluations of CG in INDIA:
It evolved over last 10 years in INDIA . It evolved in a period Click to the Indian economy opened open up, , where edit Master subtitle style mergers and acquisitions took place, foreign investors started investing in India.

5/24/12

SEBI appointed a committee under chairmanship Kumar Mangalam Birla , noted industrialist , to study Click to edit Master subtitle to international practices andstyle recommend appropriate CG regulations for Indian corporations

Definition of CG according to SEBI,

Acceptances by managements of the inalienable rights of shareholders5/24/12the true owners of as

Definition drawn from Gandhain principle:

CG is about to edit Master values, ethical business Click commitment to subtitle style conduct and about making the distinction between personnel and corporate funds in management of a company. CG is viewed as the business ethics and the moral duty.

5/24/12

Good CG practices results in ------ edit Master subtitle style Click to

*Improved brand image and reputations *Better social acceptance *Better impact on costumers *Government support *Ability to attract more investors *Better valuation

5/24/12

Click to edit Master subtitle style

*Honesty *Trusty *Integrity *Openness *Responsibility *Accountability *Mutual respect *Commitments to Organization
5/24/12

Key elements in good CG includes:

5/24/12

THANK YOU.

5/24/12