Corporate Governance: Global Concepts and Practices

Front Cover
Excel Books India, Jan 1, 2005 - Corporate governance - 538 pages
0 Reviews
The subject Corporate Governance:Global Concepts and Practices has occupied centre- stage, particularly since the early 1990s in U.K., USA, rest of Europe, Canada, Japan, India and many other developing countries of the world. The present volume is essentially a comprehensive textbook, focusing on both concepts and corporate governance practices. Even before the Enron collapse and several other kingsize scandals, there has been a steadily mounting volume of complaints regarding the dismal state of governance in most large corporates across the globe, mostly relating to accounting irregularities and top dressing of financial results, almost universally perpetrated at the behest of the Company Chairman & CEO himself. Keeping the above ground realities in view, the present volume is intended to be a standard reference as well as textbook on the varied facets of corporate governance. The book has six distinct parts, containing in all as many as twenty-eight interrelated chapters.The first part deals with subjects like business environment, business ethics and social responsibilities, management of a firm, etc., while the second part is concerned with the theory of firm, its objectives, accounting standards and creative accounting practices. Part Three of the book dwells at length on the working of the company board, board committees, need for whistle blowing, corporate governance rating and need for separation of the positions of Chairman and CEO. Part Four presents summary recommendations of five Indian Committees on corporate governance in chronological order. These are (i) CII Committee (1998), (ii) Ist SEBI Committee (1999), (iii) Ganguly Committee-RBI (2002); (iv) Naresh Chandra Committee (2002) and (v) 2nd SEBI Committee (2003). Part Five contains six chapters comprising as many live cases on accounting scams. The sixth part of the book contains governance reports of three world class companies from India, viz., Infosys Technologies Ltd., Wipro, and Reliance Industries Ltd.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Preface vii
16
About the Author xi
20
PARTI
i
BUSINESS ENVIRONMENT 1
iv
Internal and External 3
v
Business Ethics and Corporate Social Responsibility 18
18
PARTIV
iv
Management of Public Limited Companies 4 o 4 Majority Rule and Minority Protection and Prevention of Oppression and Mismanagement 5 2
1900
WhistleBlowing Policy Needs Institutionalization 239
5
Corporate Governance Rating 256
20
Separation of Positions of Chairman and CEO 275
Report Kumar Manglam Birla
Summary of the Report of the Consultative Group of Directors of Bank
Select Summary of Naresh Chandra Committee on Corporate Audit
The Report of the SEBI Committee N NarayanamurthyChairman
PARTV

PARTII
1915
Ownership Pattern and Corporate Governance Theory 79
1927
Firms Goal Revisited 112
1999
Accounting Standards and Corporate Governance 167
2015
PARTHI MRTP 177
2025
Company Board and Corporate Management 179
2027
SUMMARY OF RECOMMENDATION OF FIVE INDIAN
iii
Board Committees and Corporate Governance 224
17
Case 2Parmalat Accounting ScamItaly 440
Case 3AOL Time Warner 447
Case 5EnronA Saga of Boom and BustUnited States 456
Case 1 Infosys Technologies Ltd Corporate Governance
Case 2Wipro Limited 508
Case 3 Reliance Industries Limited Corporate Governance 518
Index 533
Copyright

Common terms and phrases

Bibliographic information