Corporate Governance

Corporate Governance is a comprehensive textbook specially designed to meet the requirements of postgraduate management students. It provides an in-depth analysis of the core concepts and supplements them with relevant examples, exhibits and case studies. The book begins with an exhaustive introductory chapter defining corporate governance and a director's role in a company. Further, divided into four parts, part 1 covers types of corporations, theories and models of governance. It also examines the events which have led to the current thrust of corporate governance addressing the Cadbury report in UK, Sarbanes-Oxley Act, 2002 in USA as well as the committees constituted by SEBI. Part 2 elaborates on the structure of the board and its development process. It also highlights the issues related to compensation, performance review of the Director as well as the importance of leveraging good governance for competitive advantage. Part 3 gives a broad view of governance related problems associated with typical ownership patterns, and capital market institutions from a stakeholder's perspective. The ground rules for a director to perform his responsibilities and duties are also discussed in this part. The book concludes with a chapter discussing the future of corporate governance in part 4. Owing to its comprehensive coverage and approach, students will find this book useful. It will also serve as a veritable guide for professionals owing to the inclusion of varied examples and case studies.