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Programme BBA
Subject Corporate Governance
Semester First
University Mangalore University
Session 3
Module 1- Corporate Governance
Session 3
Scope and Principles of Corporate Governance
Recap of Previous class
• Evolution of corporate governance
Learning Objective
Understand the Scope and Principles of Corporate
Governance
4
Session Outcome
• Understand the scope of the concept, corporate governance and the
various principles of it.
5
SCOPE
• Transparency
• Accountability
• Corporate control
6
Principles of Corporate Governance
• Fairness
• Policies and procedures
• Sound decision making
• Independence
• Effective disclosures
7
Principles of Corporate Governance – cont...
•Committee responsibilities and charters
•Accountability
•transparency
Recap
• Scope of corporate governance
• Principles of corporate governance
References
• Bhairav Sharan, Corporate Governance and Accountability,
RajathPublication New Delhi (2008)
10
MCQs
1. The board telling us what is going on is _________.
a. Independence
b. Policy
c. Governance
d. Transparency
Ans: d. Transparency
MCQs
2. __________is the board taking responsibility.
a. Management
b. Administration
c. Accountability
d. None of the above
Ans: c. Accountability
MCQs
3. _______ - this principle allows the management to make wise
decisions, so that a good governance is possible.
a. Independence
b. Accountability
c. Fairness
d. None of the above
Ans: a. Independence
MCQs
4. Documented _______ allow employees across an organization to
understand how the company functions.
a. Policies and procedures
b. Accountability
c. Independence
d. None of the above
Ans: a. Policies and procedures
MCQs
5.Good corporate governance is designed to drive company profitability
and higher returns through ______.
a. sound decision making
b. Accountability
c. Fairness
d. None of the above
Ans: a. sound decision making

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