Corporate Governance

                                                                             Syllabus

                                                                                                                        310

UNIT 1

Conceptual Framework of Corporate Governance: Introduction, Need and Scope Evolution of Corporate Governance, Developments in India. Corporate Governance Code and Agency Theory. Elements of Good Corporate Governance, Recent Corporate Governance Committee reports like N. R. Narayan Murthy Committee, J. J. Irani Committee etc.                                                                                                                                     (5+1)

UNIT 2

Board Effectiveness & Various Board Committees: Issues and Challenges : Board Composition; Diversity in Board Room; Types of Directors; Board’s Role and Responsibilities, Chairman, CEO, Separation of Roles, Relationship Between Directors and Executives, Visionary Leadership, Board Charter, Meetings and Processes, Directors’ Training and Development. Performance Evaluation of Board and Directors Board Committees Various. Board Committees, their Composition, Role and Responsibilities, Contribution to Board Governance.

                                                                                                                         (5+1)

UNIT 3

Corporate Governance and Other Stakeholders: Shareholders: Rights of Shareholders, Challenges in Exercising Shareholders Rights Ownership Structure & Firm Performance, Legal Protection of small Shareholders, Corporate Governance Issues with Regard to Related Party Transactions, Role of Investor Associations in Securing Shareholders Rights, Role of Institutional Investors in Corporate. Governance. Corporate Governance and Other Stakeholders: Employees, Customers, Lenders, Vendors, Government, Society.                                                       (5+1)

UNIT 4

Legislative Framework of Corporate Governance in India: Under Listing Agreement, SEBI Guidelines, Companies Act, Corporate Governance in PSUs, Banks, Insurance Companies, Service Sector, IT Sector. Risk Management and Internal Control: Risk Management and Oversight, Enterprise Risk Management, Roles and Functions of Internal Control, Disclosure about Risk, Risk Management and Internal Control. Global Perspective of Corporate Governance: An International Perspective Australia, Singapore, South Africa, United Kingdom, Contemporary Developments in the Global Arena.                                                                                                                                       (5+1)

UNIT 5

Recent Cases on Corporate Governance in India: Corporate Governance Failure at Ricoh India: Rebuilding Lost Trust, ICICI Bank- Case of Chanda Kochhar, Corporate Governance at Infosys – A Benchmark for Corporate Governance, Corporate Governance in India: Case Study of Satyam, Tata Group & Cyrus Mistry Dispute, PNB, Kingfisher Airlines, Fortis etc.                                                                                                              (5+1)