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Fernando's Business Ethics and Corporate Governance, 3rd Edition
book

Fernando's Business Ethics and Corporate Governance, 3rd Edition

by K P Muraleedharan, E K Satheesh
April 2024
Beginner
760 pages
39h 4m
English
Pearson India
Content preview from Fernando's Business Ethics and Corporate Governance, 3rd Edition
Chapter 8
Corporate Ethics: Investors’ Rights, Privileges, Problems and Protection 267
Narayana Murthy Committee
This SEBI-appointed Committee on Corporate Governance, which submitted its report on
8 February, 2003, has in its own words, ‘The management needs to act as trustees of the share-
holders at large and prevent asymmetry of benets between various sections of shareholders,
especially between the owner-managers and the rest of the shareholders’.
The committee recommended that in order to achieve the objectives of corporate governance
and to realize long-term shareholder value, companies should agree that
1.
In case of appointment
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Publisher Resources

ISBN: 9789354498824