Business Ethics and Corporate Governance, Second Edition

DISCUSSION QUESTIONS

1. Discuss briefly the Agency Theory relating to public corporations. What are the major criticisms against the theory?
2. What is meant by ‘agency costs’? While doing so, discuss the two broad mechanisms that help reduce agency costs with a view to improving corporate performance through better governance.
3. Explain briefly the Agency Theory and the Stewardship Theory. Compare and contrast these theories as means to achieve better corporate governance.
4. Define the corporate governance system. Also differentiate between the German model and the Anglo-American model of corporate governance.
5. Explain the Indian model of corporate governance. Would you agree with the view that there is a paradigm shift in recent years in India from the ...