The last few years have seen many major scams and frauds across the globe. In view of which the concept of corporate governance is launched.

1. PRESENTATION
CORPORATE
GOVERNANCE
IN
INDIA

2. ॐ 2
 The last few years have seen some major scams and
corporate collapse across the globe.
 In India, the major example is Satyam which is one of the
largest IT companies in India.
Introduction

3.  A means whereby society can be sure that large corporations are well-run
institutions to which investors and lenders can confidently commit their
funds.
 CREATED TO safeguards against corruption and mismanagement, while
promoting fundamental values of a market economy in democratic
society.
A sincere commitment to creating and sustaining an ethical business culture
in public and private sectors.
ॐ 3
CORPORATE GOVERNANCE

4. Principles Players of Corporate
Governance
Management
Banks and lenders
Board of Directors
Shareholders
Suppliers
Employees Environment &
the community at large
Regulators
Customers
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5. FEATURES OF CORPORATE
GOVERNANCE
• DISCIPLINE
• TRANSPARENCY
• INDEPENDENCE
• ACCOUNTABILITY
• FAIRNESS
• SOCIAL RESPONSIBILITY

6. COPORATE GOVERNANCE IN INDIA
1. ROLE OF BORD OF DIRECTORS
The overall responsibility of board of directors
is to guide the management and to oversee
the operation of the company to sub serve the
interest of stakeholders.

7. 2. COMPOSITION OF BOARD OF
DIRECTORS
• Non executive plays a crucial role in corporate
governance
• Exercise independent judgments in matters of
corporate practices, performance and
resource management and monitoring.
• Boards must instill the right mindset and
dynamics to become truly effective stewards
of their companies.

8. 3. AUDIT COMMITTEE
• The companies act in 1997 provided that all
public limited companies with a paid up
capital of 5 crore and must establish audit
committees consisting of independent non-
executive directors.

9. 4. SHAREHOLDERS COMMITTEE
• SEBI code of corporate governance provides
for constitution of shareholder committee
under the chairmanship of a non-executive
director to ensure that that the grievances of
shareholder are properly received and solved
to the satisfaction of shareholder.