Corporate Governance

The present globalised business environment and the increased competitive pressure after opening of the economy associated with consumer awakening, has changed the corporate management scene. It is increasingly being realized now that better corporate governance and transparency results in enhancing the image of the company and thus improves its stock market capitalization. This is the stage when governance in general and corporate governance in particular becomes very important. Joint stock companies being the major contributors to the economic and social well-being of the country must function in the most efficient manner. The movement towards improved corporate governance is a step in this direction, Government regulators, members of board of directors, auditors, shareholders, managers and employees all have to contribute to good corporate governance. The present book deals with different aspects of corporate governance, namely, (a) conceptual framework of corporate governance, (b) financial disclosure, business ethics and corporate governance, (c) board characteristics, performance and shareholders activism, and (d) banks, financial institutions and corporate governance.