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Governance
Public governance and Corporate governance
What is governance?
Governance is “the
process of decision-
making and the
process by which
decisions are
implemented or not”
Diff types of governance?
Public
Governance
Economic And
Financial
Governance
e-Governance
Services
Corporate
Governance
Environmental
Governance
Public governance refers to the formal and informal arrangements that
determine how public decisions are made and how public actions are carried
out, from the perspective of maintaining a country’s constitutional values
when facing changing problems and environments.
Corporate governance
Corporate governance is the
system of rules, practices and
processes by which a company
is directed and controlled.
Corporate Governance in India
• The last few years have seen some major
scams and corporate collapse across the
globe.
• All these events have caused the pendulum
of public faith to shift away from free market
to a more closely regulated one
CG in India
• The Indian corporate scenario was more or less stagnant
till the early 90s.
• The position and goals of the Indian corporate sector has
changed a lot after the liberalization of 90s.
• India’s economic reform programme made a steady
progress in 1994.
• India with its 20 million shareholders, is one of the largest
emerging markets in terms of the market capitalization.
Key Players in CG
• Management
• Board of Directors
• Customers
• Shareholders
• Employees
• Regulators
• Suppliers
Successful Governance
• Sweden constructed an economy based on free enterprise, public
ownership of utilities, exports, social welfare, and high taxes.
• The Swedish government requires children from 7 to 16 years of age
to attend school.
• Elementary and high school education are free for Swedish children.
• Swedish men between the ages of 18 and 47 are required to serve
from 7 to 15 months in the country’s armed forces.
• The highest in command is the King. The head of their government is
the prime minister.
• The World Economic Forum ranks Sweden the sixth most competitive
country in the world.
Crisis of the 1990s…..
• 2007 Price Fixing Fine:
Siemens was fined €396 million by the European Commission for price fixing in
EU electricity markets.
• Bribery Case:
Siemens agreed to pay a record $1.34 billion in fines in December 2008 after
being investigated for serious bribery. The investigation found questionable
payments of roughly €1.3 billion.
• Siemens' then-corporate culture seemed openly tolerant of bribes, helping staff
to feel they were "not only acceptable but implicitly encouraged".
• Coca-Cola on the Kala Dera, Rajasthan was not
sustainable and recommended
that Coca-Cola shut down or relocate the factory .
• Campaign, claiming that they have become “water
neutral” in India, even though their own concept
paper on water neutrality acknowledges that it is
impossible to do so.
• The state, which continues to be a silent spectator
to the environmental and human rights abuse at
Kala Dera.
• Hindustan Coca-Cola Beverages (HCCB) has shut
down its bottling plant at Kala Dera in Jaipur due to
depletion of underground water level and poor
conditions of plant machinery
Satyam
Computers
Satyam Computers was founded
in 1987
It converted into Public Ltd Co. in
1992
The company offers consulting
and information technology
services spanning various sectors.
The scam
Raju and his brother, Rama Raju, were
arrested by the Andhra Pradesh police
on charges of breach of trust, conspiracy,
cheating, falsification of records.
Raju has mislead various investors.Raju
had also used dummy accounts to trade
in Satyam's shares
Funds from Satyam were diverted to
Mayas
Governance and Corporate Governance
Governance and Corporate Governance
Governance and Corporate Governance
Governance and Corporate Governance

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Governance and Corporate Governance

  • 1. Governance Public governance and Corporate governance
  • 2. What is governance? Governance is “the process of decision- making and the process by which decisions are implemented or not”
  • 3.
  • 4.
  • 5. Diff types of governance? Public Governance Economic And Financial Governance e-Governance Services Corporate Governance Environmental Governance
  • 6. Public governance refers to the formal and informal arrangements that determine how public decisions are made and how public actions are carried out, from the perspective of maintaining a country’s constitutional values when facing changing problems and environments.
  • 7.
  • 8. Corporate governance Corporate governance is the system of rules, practices and processes by which a company is directed and controlled.
  • 9.
  • 10. Corporate Governance in India • The last few years have seen some major scams and corporate collapse across the globe. • All these events have caused the pendulum of public faith to shift away from free market to a more closely regulated one
  • 11. CG in India • The Indian corporate scenario was more or less stagnant till the early 90s. • The position and goals of the Indian corporate sector has changed a lot after the liberalization of 90s. • India’s economic reform programme made a steady progress in 1994. • India with its 20 million shareholders, is one of the largest emerging markets in terms of the market capitalization.
  • 12. Key Players in CG • Management • Board of Directors • Customers • Shareholders • Employees • Regulators • Suppliers
  • 13.
  • 14.
  • 15.
  • 17. • Sweden constructed an economy based on free enterprise, public ownership of utilities, exports, social welfare, and high taxes. • The Swedish government requires children from 7 to 16 years of age to attend school. • Elementary and high school education are free for Swedish children. • Swedish men between the ages of 18 and 47 are required to serve from 7 to 15 months in the country’s armed forces. • The highest in command is the King. The head of their government is the prime minister. • The World Economic Forum ranks Sweden the sixth most competitive country in the world. Crisis of the 1990s…..
  • 18.
  • 19. • 2007 Price Fixing Fine: Siemens was fined €396 million by the European Commission for price fixing in EU electricity markets. • Bribery Case: Siemens agreed to pay a record $1.34 billion in fines in December 2008 after being investigated for serious bribery. The investigation found questionable payments of roughly €1.3 billion. • Siemens' then-corporate culture seemed openly tolerant of bribes, helping staff to feel they were "not only acceptable but implicitly encouraged".
  • 20. • Coca-Cola on the Kala Dera, Rajasthan was not sustainable and recommended that Coca-Cola shut down or relocate the factory . • Campaign, claiming that they have become “water neutral” in India, even though their own concept paper on water neutrality acknowledges that it is impossible to do so. • The state, which continues to be a silent spectator to the environmental and human rights abuse at Kala Dera. • Hindustan Coca-Cola Beverages (HCCB) has shut down its bottling plant at Kala Dera in Jaipur due to depletion of underground water level and poor conditions of plant machinery
  • 21. Satyam Computers Satyam Computers was founded in 1987 It converted into Public Ltd Co. in 1992 The company offers consulting and information technology services spanning various sectors.
  • 22. The scam Raju and his brother, Rama Raju, were arrested by the Andhra Pradesh police on charges of breach of trust, conspiracy, cheating, falsification of records. Raju has mislead various investors.Raju had also used dummy accounts to trade in Satyam's shares Funds from Satyam were diverted to Mayas