Corporate governance has assumed significance in the wake of global financial crises, tumultuous economic environment, expanding corporate operations globally, and reshaping of social and ethical values. This book analyses the development of corporate governance specifically in India. This work, a collaboration of two authors from diverse backgrounds, provides a 360-degree view of the subject. The book will aid future corporate and social leaders to understand the extent and utility of governance principles and how they could weave-in diverse and conflicting interests in business.
This book attempts to answer pertinent questions such as: Is corporate governance a mere compliance formality or a powerful tool to attract investors and increase sales and profits of a company? How has the concept of corporate governance transcended from the times of East India Company to modern-day corporate conglomerates where financial crisis, scams, and other disasters loom over? Has corporate governance in India evolved as an indigenous model or is it still inspired from the Western developments?
The authors have adopted an interactive approach in writing this book where questions and discussions are designed to invoke thought leadership. Each chapter is supported by real-world cases and contemporary examples.
- A comparative discourse of governance norms across countries with a special focus on India
- Attends to the emergence of pivotal institutions in corporate governance that complete the legal and regulatory framework; Updated coverage of the regulatory changes including key provisions under Companies Act, 2013
- A part dedicated to role of different agents in the ecosystem of corporate governance and address issues in e-governance
- Presents situations across diverse industries and from a family firm setting to listed companies
- Emerging concepts of sustainability reporting, green auditing, and social audits
- Key emphasis on understanding the theoretical as well as practical constructs of ‘ethics’ in business in the contemporary world
- This book includes a license key for our digital learning app, CENGAGE app, that provides access to self-assessments and flashcards.
PART I: Understanding Corporate Governance
1. Concept of Corporate Governance
2. Theories and Models of Corporate Governance
3. Corporate Governance in India
PART II: Corporate Governance in India
4. Laws Regulating Governance
PART III: Role of Shareholders & Stakeholders in Corporate Governance
5. Shareholders: Rights and Liabilities
6. Investors: Privileges and Protections
7. Corporate Governance and Other Stakeholders
8. Board of Directors
9. Auditors: Role and Responsibilities
10. Banks & Corporate Governance
PART IV: Corporate Governance in India: Industry-specific Study
11. Corporate Governance Issues in India
PART V: Ethics and Governance
12. Importance of Business Ethics in Corporate Governance
13. Sustainability Reporting
14. Environmental Concerns and Corporations
PART VI: Contemporary Issues of Corporate Governance
15. Corporate Social Responsibility
16. E-governance
17. Green Governance
18. Qualitative Social Audit
Index
Neeti Shikha
Neeti Shikha is Associate Professor at Symbiosis Law School, Noida. She completed her LLM in International Business Laws from University College London and PhD in corporate governance from National Law University Jodhpur. She has held academic positions at various law and business schools in India and Singapore. Previously, she was Assistant Professor & Director, Centre for Corporate and Commercial Laws, National Law University, Jodhpur, followed by a stint at Fore School of Management, New Delhi, and IMT Ghaziabad. She has been visiting faculty at IIM Rohtak and IIFT Delhi too.
Dr Shikha is also a trainer and coach for various management development programmes and has trained professionals from the Institute of Chartered Accountants of India, Airport Authority of India, etc. She works as an independent consultant for the Centre for Civil Society, New Delhi; and serves on the board of Goeman Bindt HTO, an international legal and policy advisory and research think-tank.
Geetanjali Sharma
Geetanjali Sharma is a legal advisor and public policy consultant. She holds PG degree in international and comparative laws from the University of Cambridge (as a Becker Law Scholar) as well as dual UG degrees in law and humanities from National Law University Jodhpur (Gold medal). She started her career as an attorney with reputed law firms. Thereafter, as International Innovation Corps Fellow, by the University of Chicago, she served as an embedded technical adviser in the Department of Health & Family Welfare, Government of Karnataka. She is associated with Vidhi Centre for Legal Policy, New Delhi, engaging with diverse government departments and regulatory bodies. She has previously consulted with IISD Geneva, UNICEF Bihar, and UNFPA Rajasthan. She has been a member of CBSE and UGC committees.
