Corporate governance relates to the processes, policies and people involved in directing and controlling a company. It involves structuring a company to achieve long-term goals and satisfy stakeholders while complying with legal and regulatory requirements. Good corporate governance leads to improved performance, transparency, communication and decision making based on data, which reduces risk. It helps create a positive brand and treats all stakeholders fairly.

1. Corporate Governance intellisense ITSYS Pvt
Dr Kalpesh Parikh, Director

2. Corporate Governance intellisense ITSYS Pvt
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3. Corporate Governance intellisense ITSYS Pvt
What is Governance
Governance
Governance relates to decisions that define expectations, grant
power or verify performance. Needs setup to administer these
processes and systems
Management
The act of getting people together to accomplish desired goals.
Management comprises planning, organizing, leading or
directing and controlling means the act of getting people together
to accomplish desired goals.

4. Corporate Governance intellisense ITSYS Pvt
Corporate governance is the set of processes,
customs, policies, law and institutions
affecting the way a corporation is directed,
administered or controlled.
A system of checks and balances between the
board, management and investors to produce
an efficiently functioning corporation, ideally
geared to produce long-term value
What is Corporate Governance

5. Corporate Governance intellisense ITSYS Pvt
It is a system of structuring, operating and controlling a
company with a view to achieve long term strategic goals
to satisfy shareholders, creditors, employees, customers
and suppliers, and complying with the legal and regulatory
requirements, apart from meeting environmental and local
community needs.
An internal system encompassing policies, processes and
people, which serves the needs of shareholders and other
stakeholders, by directing and controlling management
activities with good business savvy, objectivity and
integrity.
What is Corporate Governance

6. Corporate Governance intellisense ITSYS Pvt
The basic objective of Corporate
Governance would be "enhancement of
the long-term shareholders value while
at the same time protecting the interests
of other stakeholders."
CORPORATE GOVERNANCE is
needed to create a corporate culture of
consciousness, transparency and
openness. It refers to combination of
laws, rules, regulations, procedures and
voluntary practices to enable the
companies to maximize the
shareholders long-term value. It should
lead to increasing customer satisfaction,
shareholder value and wealth.”
What is Corporate Governance

7. Corporate Governance intellisense ITSYS Pvt
What is the Difference between Governance and Management

8. Corporate Governance intellisense ITSYS Pvt
The Company Secretary,
(Corporate Secretary / Chartered
Secretary ) is a high ranking
professional who is trained to
uphold the highest standards of
corporate governance, effective
operations, compliance and
administration.
Leader of Corporate Governance

9. Corporate Governance intellisense ITSYS Pvt
Process
Policies
Performance
Standard
Efficiency
Effectiveness
Predictabilit
y
Controlling
Operating
StructuringObjectivity
Integrity
Accountability
Disclosure
Transparency
Openness
Corporate Culture
Consciousness
Internal System
Conceptualizing Corporate GovernanceConceptualizing Corporate Governance

10. Corporate Governance intellisense ITSYS Pvt
Why Companies should invest in good governance
(1) Good governance leads to good performance
(2) It creates an open and transparent system
(3) It improves communication and breaks down systematic barriers to
flow of information
(4) Good governance allows decision making based on data. It reduces
risk.
(5) Good governance helps in creating a brand and creates comfort for
all stakeholders and society
(6) A good governance structure treats all stakeholders fairly
(7) Corporate governance has a direct bearing on business performance
and thereby ROI

11. Corporate Governance intellisense ITSYS Pvt
Why Companies should invest in good governance
(8) To deter fraudulent activities and transparency policy which misleads
executives to treat the symptoms and not the cause
(9) Good corporate governance is a tool for socio-economic development
(10) On average, businesses with superior governance practices generate 20
percent greater profits than other companies
A study based on 256 companies conducted at the MIT Sloan School of
Management
(11) Easier access to capital. The perceived quality of a company's corporate
governance can influence its share price as well as the cost of raising capital.
(12) Quality is determined by the financial markets, legislation and other
external market forces plus how policies and processes are implemented and
how people are led.
(13) The internal environment is quite a different matter, and offers companies
the opportunity to differentiate from competitors through their board culture.

12. Corporate Governance intellisense ITSYS Pvt
Level of CG

13. Corporate Governance intellisense ITSYS Pvt
Governance
Transparency
Compliance
Monitoring
Accountability
Corporate Governance - Relationship

14. Corporate Governance intellisense ITSYS Pvt
CG- Management Cockpit through Data WareHouse Perspective

15. Corporate Governance intellisense ITSYS Pvt
How to achieve
(1) Define Organizations Vision, Mission and Value System
(2) Compliance - Statutory and Regulatory
(3) Policies
Quality, Safety, Security, Environment
Excellence, Brand, Marketing, People ……
(4) Process
• Define
• Set Norms and Target
• Identify Responsibility and Performers
(5) Performance Evaluation Framework
(6) Automated System to facilitate Performance and its Evaluation
(7) Information access and sharing through Web enabled ERP System

16. Corporate Governance intellisense ITSYS Pvt
Web EnabledWeb Enabled
ERP SystemERP System
Web EnabledWeb Enabled
ERP SystemERP System
InformationInformation
AccessAccess
SharingSharing
InformationInformation
AccessAccess
SharingSharing
AutomatedAutomated
SystemsSystems
AutomatedAutomated
SystemsSystems
ProcessProcessProcessProcess
PerformancePerformance
EvaluationEvaluation
PerformancePerformance
EvaluationEvaluation
MonitoringMonitoringMonitoringMonitoring
ComplianceComplianceComplianceCompliance
PoliciesPoliciesPoliciesPolicies

17. Corporate Governance intellisense ITSYS Pvt
SHANTIKRUPA
ESTATES PVT LTD
Icons Who Trusted us
Hashmukh Shah Group
Government Agencies
UGC-AICTE-INFLIBNET-AMC
Government Corporations
GSFC-GIIC-GAIC-GIDC

18. Corporate Governance intellisense ITSYS Pvt
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