Business leaders, regulatory heads and experts will discuss various aspects of corporate governance, including related party transgressions, during a two-day summit starting on Thursday. The summit is being organised by Excellence Enablers, an initiative of former Sebi chairman M Damodaran. At the inaugural session, the discussion will take place on the Kumar Mangalam Birla Committee Report on Corporate Governance, of , and the journey through the last two decades, according to a release. On the second day, several issues of corporate governance will be addressed including board of directors and related party transgressions.
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In the opinion of the committee, the imperative for corporate governance lies not merely in drafting a code of corporate governance, but in practising it. It follows that the real ones of achieving the desired level of corporate governance, lies in the proactive initiatives taken by the companies themselves and not in the external measures like breadth and depth of a code or stringency of enforcement of norms. J Bhagwati, Jt. Secretary, Ministry of Finance.
Malegam, Managing Partner, S. Singhvi, Sr. Board of Directors. Audit Committee. Remuneration Committee report. Shareholders Committee. General Body meetings. Means of communication. General Shareholder Information. It also recognises that some companies, especially the smaller ones, may have difficulty in immediately complying with these conditions.
Corporate Governance extends beyond corporate law. These recommendations will also form the base for further evolution of the structure of corporate governance in consonance with the rapidly changing economic and industrial environment of the country in the new millennium. Related Papers. Corporate governance reporting practices: an exploratory case study of Asia.
By uday paliwal. The changing landscape of corporate governance framework in India. By Shigufta Uzma. By Sanjay Dessai. Download file. Remember me on this computer. Enter the email address you signed up with and we'll email you a reset link. Need an account? Click here to sign up.
Key Recommendations of Kumar Mangalam Birla committee Report
Business leaders, experts to discuss corporate governance in 2-day summit
Report of the Kumar Mangalam Birla Committee on Corporate Governance