Business Environment, 2nd Edition

CHAPTER 20

Corporate Governance

CHAPTER OUTLINE

• Definition
• The Need and Importance of Corporate Governance
• Problems of Corporate Governance
• Best Practices in Corporate Governance: An Indian and International Position Review
• The Board—Key to Good Corporate Governance
• Disclosure and Transparency: Partners of Good Governance
• Executive and Non-executive Directors
• Brief Review of Overseas Development on Governance Issues
• The Search for a New Approach to Corporate Governance
• Code of Conduct for Corporate Governance
• Measures to Improve Corporate Conduct
• Corporate Governance and India
• Challenges Before Managers
• Corporate Governance and Some Indian Organisations
• Regulatory Framework of Corporate Governance in India
• Case
• Summary
• Key Words
• Questions