Chapter 16

Other Financial Reports: II Corporate Governance Report

The fundamental objective of corporate governance is investor protection and the enhancement of shareholders’ wealth, keeping in view the interestp of other stakeholders. Corporate governance report seeks to report the effectiveness with which the management is discharging its responsibility towards attaining this objective.

CHAPTER OBJECTIVES

This chapter seeks to enable you to develop knowledge and understanding of:

  1. The scope and importance of corporate governance.

  2. The fundamental objectives of corporate governance.

  3. The initiative undertaken by CII in the matter.

  4. The role ...

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