Corporate Governance

Contents: Preface. I. Concepts of corporate governance: 1. Corporate governance: concept, structure and process/Anil Arora and Madan M. Singh. 2. Corporate governance: its origin, scope and present scenario/V.K. Pandey and Rajeev Prabhakar. 3. Desirable corporate governance in India: a suggestive code/Bikram Hundal and Suresh Seth. 4. Corporate governance: an evolutionary process/V.M. Budhiraja. 5. Improving the efficiency of corporate governance/Vibha Mahajan. 6. Growing relevance of corporate governance/Prabhdeep Singh Sandhu and Manjit Kaur Sandhu. 7. Corporate governance in the twenty-first century/Karamjit Singh. 8. Corporate governance in India: issues for consideration/M.R. Khurana. 9. Globalization: corporate governance and its position in India/Parmjit Kaur. 10. Corporate governance in India: a few untouched issues/Harpreet Singh. 11. Corporate governance and human resource management/Aneet Bedi. 12. Corporate governance and employees’ involvement/P.P. Arya. 13. Corporate governance: needs renewed focus/Girish Jaswal. 14. E-governance: a case study of Andhra Pradesh/Suresh K. Chadha. II. Financial disclosure, business ethics and corporate governance: 15. Corporate disclosure practices: an empirical study/V.K. Sareen and Subhash Chander. 16. Quality of financial disclosure, transparency and business ethics in corporate sector/Daisy Chauhan and S.P. Chauhan. 17. Corporate governance: transparency in financial disclosure in corporate sector/Neelam Jain. 18. Disclosure norms: a tab on corporate sector/Anil Kumar Angrish. 19. Audit committee: umpire to empire/Pardeep Gupta and Sanjay Bhayana. 20. Role of audit committee in the corporate governance/B.B. Tandon and Rajiv Kumar. 21. Corporate social responsibility: the third pillar of sustainable development/Saswati Ghosh . III. Board characteristics, performance and shareholder activism: 22. Board characteristics and performance of the firm: a review/Ajay K. Garg and Manoj Anand. 23. Governance at the top: composition and role of board of directors/A.K. Vashisht, Puja Gaur and Liaqat Ali. 24. Corporate boards and good governance/Kumud Khullar. 25. Corporate governance and shareholders activism/Suveera Gill. 26. Corporate governance: a tool to bring back confidence of the stakeholders/Punit K. Abrol and Rakesh Kumar Gupta. 27. Corporate governance as an economic framework for shareholders’ wealth maximisation/A.K. Vashisht and Anupam Arora. 28. The making and unmaking of a CEO/V.M. Budhiraja. 29. Corporate governance: underlining the significance of board/Vibha Sinha. 30. Corporate governance in public sector: a case study of HPMC Shimla/S.V. Malhotra. 31. Restructuring of public sector units, privatisation and corporate governance: some issues/S.L. Kansra. 32. Corporatization of agriculture/S.C. Davar and Narinder Singh. 33. Corporate governance in public enterprises: the Indian experience/B.S., Ghuman and Bhawna Gupta. IV. Banks, financial institutions and corporate governance: 34. Corporate governance in banks/C.S. Cheema and Monika Aggarwal. 35. Amalgamations in Indian banking industry: a case study of ICICI/C.S. Balasubramaniam. 36. Corporate governance: some contemporary issues in banking industry/Neelam Suneja and Usha Arora. 37. Corporate governance in banking sector/Vibha Mahajan. 38. Corporate governance in mutual funds: role of trustees/Lalit K. Bansal. 39. EPS and ROE ruled some day, but EVA is here to stay/N.K. Sehgal. 40. Depository system: a step towards effective corporate governance/A.K. Vashisht, Sanjeev K. Mehta and Anupam Arora. Bibliography. Index.

"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 realised now that better corporate governance and transparency results in enhancing the image of the company and thus improves its stock market capitalisation. 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." (jacket)