1. B.Ravikiran
Balakrishna
Rubina
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2. Corporate Governance
 Definition
 Objectives
 Key constituents
 Other Main Constituents
 Organizational Frame Work
 Committees
 Benefits
 Limitations
 Suggestions and Opinions
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3. Definition
 A set of systems, processes, principles which ensure that a
company is governed in the best interest of all stakeholders
 Good corporate governance=good business
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4. Objectives
 Adequate disclosures
 Effective decision making
 Transparency
 Statutory and legal compliances
 Protection of shareholder Interests
 Commitment
 Accountability and responsibility
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5. Key constituents
 Board of directors
 Shareholders
 Management
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6. Other main constituents
 Role And Powers Of Board
 Legislation
 Code Of Conduct
 Board Independence
 Board Skills
 Management Environment
 Board Appointments
 Board Inductions And Training
 Board Meetings
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7. Contd….
 Financial And Objectives Reporting
 Monitoring Board Performances
 Audit Committee
 Business And Community Obligations
 Risk Management
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8. Governing Authority
 Ministry of Corporate Affairs (MCA)
Naresh chandra committee (2002)
 Securities Exchange Board of India (SEBI)
 Kumaramangalam Birla committee report- clause 49 of the listing
agreement
 N.R.Narayana murthy and committee- to review clause 49
 Financial and non-financial disclosures
 Independent auditing board
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9. Benefits
 Industrial Economy Country’s Economy
 Confidence Of Investors-foreign And Domestic
 Retainment Of Best Human Capital
 Stable Sources Of Financing
 Stability And Growth To The Enterprise
 Fairness With Stakeholders
 Increases Operational Performance Of A Company
 Strategic Thinking
 Monitoring Of Risk Factors
 Limiting Liabilities
 Integrity Of Financial Reports
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10. Limitations
 Beyond the realm of law
 Need for evolution of new systems of corporate governance
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11. Suggestions and Opinions
 Quality Audit
 Accountability Of CEOs And CFOs
 Quality And Effective Legal, Administrative And Regulatory
Frame Work
 Compliance With Code, Principles And Requirements
 Financial And Non-financial Disclosures
 Transparency In Administration
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12. Thank You
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