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Full Description
What are the key objectives of corporate governance? How effective has it been in India? Why has the need for good governance intensified over the last decade? Have the recent developments in the field opened up a wide range of governance issues?
This book addresses such debates and provides an insight into advancing and improving corporate governance practices in India. It explores the evolution of corporate governance and discusses crucial aspects such as compensation for executives, gender diversity on Indian boards, ethical business, independent directors, audit committees, corporate governance in state-owned enterprises, and corporate social responsibility.
The volume also critically examines important provisions of the Companies Act, 2013 along with the revised clause 49. With essays from distinguished academics, practitioners, and research scholars, it brings out contemporary perspectives on the provisions, challenges, and opportunities in the field within a comparative global context.
Contents
List of Tables and Figures; Bhaskar Chatterjee: Foreword; List of Abbreviations; Asish K. Bhattacharyya: Introduction; 1: Pratip Kar: Cogitations on Corporate Governance: When It Began, How It Began, and Where Is It Now; 2: Rajesh Chakrabarti and Mandar Kagade: Evolution and Challenges in the Companies Act, 2013; 3: Shveta Singh, Surendra S. Yadav, and P.K. Jain: Current Status of Corporate Governance in India; 4: Subrata Sarkar: The Comply-or-Explain Approach
for Enforcing Governance Norms; 5: Afra Afsharipour: The One Woman Director Mandate: History and Trajectory; 6: Kaushik Dutta and Prasanna Mohanty: Enabling Laws, Greater Liabilities, Higher
Enforcements: Moving towards a More Ethical Business World in India?; 7: Jaivir Singh: The Legal Structure of Corporate Social Responsibility in India; 8: Shuchi Bharti: Law, Regulatory Transformations, and Institutional Change: The Case of Corporate Social Responsibility in India; 9: Manju Jaiswall: Corporate Governance Norms in State-Owned Enterprises: Are We Using Apples to Assess Oranges?; 10: Garima Dadhich: The Emerging Role of Independent Directors in the Boardroom; 11: Bala N.
Balasubramanian, Samir K. Barua, and D. Karthik: Executive Compensation in India: An Empirical Investigation; 12: Sandeep Parekh: Evolution of Law Pertaining to Related-Party Transactions in India; 13: Asish K.
Bhattacharyya: Audit in Corporate Governance; 14: Naveen Kumar Srivastava and Kaushik Dutta: Integrity of the Financial Reporting Process: Demystifying the Role of Audit Committees; Index; About the Editor and Contributors
