Reports on Corporate Governance (With CD-ROM)

The concept of corporate governance has been attracting public attention for quite some time in India. The topic is no longer confined to the halls of academia and is increasingly finding acceptance for its relevance and underlying importance in the industry and capital markets. Progressive firms in India have voluntarily put in place systems of good corporate governance. Internationally also this concept has been accepted for a long time and the financial crisis in emerging markets has led to renewed discussions and inevitably focussed them on the lack of corporate as well as governmental oversight. Strong corporate governance is indispensable to resilient and vibrant capital markets and is an important instrument of investor protection. Internationally, a growing school of influential thinkers advocate that corporate governance measures should be more by self discipline and market forces, rather than by legislation and regulation. This, of course, is unexceptionable and deserves full support. Although India has been fortunate in not having to go through the pains of massive corporate failures such as Enron and WorldCom, it has not been found wanting in its desire to further improve corporate governance standards. In view of the increasing realisation of the importance of Corporate Governance, Academic Foundation has brought together following eight important reports on the subject and also the Sarbanes Oxley Act 2002. Report of the Committee on Regulation of Private Companies and Partnership (Naresh Chandra Committee-II, July, 2003). The Report of the SEBI Committee on Corporate Governanc (Feb. 8, 2003). Report of the Naresh Chandra Committee on Corporate Audit and Governance (Dec. 23, 2002). Report of the Consultative Group of Directors of Banks/Financial Institutions (April 2002). Report of the Advisory Group on Corporate Governance: Standing Committee on International Financial Standards and Codes( March 24, 2001). Report of the Task Force on Corporate Excellence through Governance (Nov. 20, 2000). Report of the SEBI Committee on Corporate Governance(Chairman : Kumar Mangalam Birla), May 7, 1999. Desirable Corporate Governance: A Code (April, 1998). Sarbanes Oxley Act, 2002. The present volume comprises all the above mentioned important reports and in full text. Additionally, it carries an editorial introduction that gives brief intoduction about all the reports. Needless to say, this publication (Book plus CDROM) shall be among the foremost reference sources on the subject of Corporate Governance.