Governanc

History of Corporate
Governance
• Concept of Corporate Governance

• Driving force of Corporate

Governance in India
1. unethical Business Practice
6. Impact of Globalization
7. Impact of Privatization
• Corporate Governance in India
• CII (Confederation of Indian
Industries)
• National Task Force
 Securities and Exchange
Board of India
• The Government of India's securities
watchdog
• The Indian Economy was liberalised in
1991
• SEBI, established in 1988
 SEBI and Clause 49
• Clause 49
• Major Changes in Clause 49
1 . Independent Directors
5 Non Executive Directors
6 Board of Directors
7 Audit Committee
8 Whistle Blower Policy
9 Subsidiary Companies
10 Disclosure
11 Certification
 Analysis of Corporate
Governance in
• Problem Different in USA,UK.
• Problem faced in India
1 Public Sector Units
2 Multinational companies
3 Business Groups
• Regulatory Dilemma
1 Share holder Democracy
2 Micro Management

• Regulatory Response: Company

Law
1.Protection of minority shareholders
2. Special majority
• Regulatory Response: Securities
Law
1.Information disclosure
2.Promoters’ contribution and lock in
3.Pricing of preferential share allotments
4. Insider trading
5. Take Over
• Discipline of the capital market
Survey on Corporate
Governance
THE BIGGEST IT
“SCAMSTER”
“BIG BULL OF TRADING
FLOOR”
FOLLOWER OF “BIG BULL”
THE COBBLERS SCAM
‘SOHIN DAYA’
THE FAKE STAMP RACKET
• The Biggest Risk In Life Is Not
Taking One.”