Winning Ways through Corporate Governance


Book Description

The motivation for writing this book is the authors' deeply held conviction that good governance is an essential element for any organisation that wishes to maximise its effectiveness. They are not alone in observing that in many cases companies or other organisations that perform badly are often poorly governed. Indeed, the key explanation for poor performance is often poor governance. This observation is not limited geographically and there are many examples from around the world. Concern with good governance is not just limited to the free enterprise system. It is universal.




Corporate Governance Matters


Book Description

Corporate Governance Matters gives corporate board members, officers, directors, and other stakeholders the full spectrum of knowledge they need to implement and sustain superior governance. Authored by two leading experts, this comprehensive reference thoroughly addresses every component of governance. The authors carefully synthesize current academic and professional research, summarizing what is known, what is unknown, and where the evidence remains inconclusive. Along the way, they illuminate many key topics overlooked in previous books on the subject. Coverage includes: International corporate governance. Compensation, equity ownership, incentives, and the labor market for CEOs. Optimal board structure, tradeoffs, and consequences. Governance, organizational strategy, business models, and risk management. Succession planning. Financial reporting and external audit. The market for corporate control. Roles of institutional and activist shareholders. Governance ratings. The authors offer models and frameworks demonstrating how the components of governance fit together, with concrete examples illustrating key points. Throughout, their balanced approach is focused strictly on two goals: to “get the story straight,” and to provide useful tools for making better, more informed decisions.




Corporate Governance and Effectiveness


Book Description

The book looks at the corporate management system and how it affects company performance. The main theme revolves around the notion that when a company values its workers and their satisfaction, that company can achieve success. The book is unique in its quantitative perspective and analysis and examines whether a corporate management system can be regarded as a source of a firm's competitive advantage by creating a sustainable competitive advantage and firm performance. The book examines how, in the context of Japanese multinational corporations (MNCs), corporate management can be part of an MNC's strategy in enhancing its capabilities, both in the home and abroad, in Japan and in Thailand. Also, it analyses the reason for the demise of two major Indian companies, Dunlop and Hindustan Motors in terms of their unsympathetic management systems.




Corporate Governance


Book Description

A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.




Financial Management


Book Description

Finance is a notoriously difficult core subject for business undergraduates, which many find difficult to understand. The area has been dominated by large and complex introductory texts - often from the US - which many lecturers find too detailed and unwieldy. This carefully developed and researched text will fill this gap by providing a succinct, modular, UK-focused introduction to the subject of financial management. Quality controlled by an academic review panel, the content and approach has been rigorously developed to answer the needs of non-finance students. The user-friendly features and design will be of great appeal to the many undergraduates who find finance a difficult subject. Examples, models, formulas, and exercises are lucidly and clearly presented, supported by strong pedagogical features - learning objectives, worked examples, key learning points, further reading, practical assignments, references, case studies and teacher's guide. This ensures that Financial Management will prove the most accessible text for business and finance students.




CORPORATE GOVERNANCE


Book Description

Due to increased globalization of trade, the business environment in most countries has become very competitive. Businesses have to work hard to find new customers and retain old ones. This has made good corporate governance indispensable to those who want to survive and flourish. This revised text, now in its Third Edition, continues to discuss the contemporary issues of corporate governance in the wake of changing business ambience. It provides the students and professionals with an understanding of techniques and methods that can be used in practice for introducing effective governance in companies. The Third Edition incorporates the updated revised SEBI rules and the powers given to it by the Government Ordinance in Chapter 12 (Highlights of SEBI’s Achievements) and Chapter 13 (Special Features of the Companies Amendment Bill, 2012). Besides, a new chapter on Corporate Social Responsibility (CSR) has been included as Chapter 10 which is an important aspect of corporate gover-nance. Case studies on CSR have been discussed which highlight the practice in organizations for treating CSR as a philosophy of the top management. Audience It is a valuable textbook for the students pursuing MBA, PGDM or MSW courses who are offered corporate governance as the select topic. Besides, practitioners will also find the book useful while reading the text along with the updated legal provisions and this will enable them to take a consolidated view on their decisions on corporate governance related issues. Key Features • Many relevant and interesting case studies have been included in the chapters. • All the chapters have been enriched with conclusion and summary to have a quick recap of the topic. • Review questions have been added at the end of the each chapter which are designed to test the grasping of the subject knowledge by the students. • Text and cases on CSR, which is a mandatory activity under the Companies Amendment Bill, 2012 has been incorporated. • The revised text includes highlights of SEBI’s initiatives and the revision in its rules, and suggestions for changes in SEBI’s functioning.




CORPORATE GOVERNANCE, THIRD EDITION


Book Description

This compact and concise book, in its third edition, gives a conceptual, analytical and evaluative study of the principles, codes, systems and practices of corporate governance prevalent in the industrially developed countries as well as the developing nations of the world. It includes a sub-section on 'Corporate Sustainability and Corporate Governance' in Chapter 2. The book has been revised as per the amendments in the Indian Companies Act and Rules between 2015 and 2019, and includes SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2021. The text also contains a case study of selected listed large-cap Indian companies under BSE Sensex and NSE Nifty on their corporate governance practices in India. Besides, two new topics 'Status of Corporate Social Responsibility in India' and 'Sustainability and Sustainable Development' have been included in Chapter-7. The book also includes 'codes of best practices' on corporate governance recommended by the author, which may be adopted by the corporate houses globally. Primarily intended for the students of commerce, law and management, the book can be authoritatively used by researchers, professionals, regulatory authorities and policy makers all over the world. KEY FEATURES • Gives a comprehensive account of all Codes/ Recommendations of the important International and National Committees on corporate governance. • Provides a detailed description of the current corporate governance principles, systems, standards and practices followed by the USA, the UK, Germany, Japan, France, Australia, New Zealand, Russia and India. • Explains the standards and practices of corporate governance adopted by the selected listed large-cap globally renowned Indian companies to assess Indian standards and practices as compared to the International benchmark. • Includes several amendments, revisions and updates on corporate governance system and legal requirements enforced by the Indian Company Laws and SEBI Listing Regulations. • Chapter-end Review Questions to 'Test Your Knowledge'. • Gives a road map for all companies to achieve international standards of corporate governance. • Contains a glossary of terms to explain the core concepts. TARGET AUDIENCE • MBA/PGDM/BBA • BBA/M.Com




CORPORATE GOVERNANCE, FOURTH EDITION


Book Description

In the new edition, the book has been revised and rearranged sequentially as per the subject content. The dreaded disease COVID-19 has had its serious impact across the international bodies and impacted the economies of the world. Objectives of corporate governance and corporations' old form/ways of working have changed drastically, since maximizing profits for shareholders is no longer an acceptable proposition. The focus has now shifted to societal needs and Directors are made more responsible to take care of the organization. This has been discussed in Chapter 12. Some new chapters are added to underline the importance of Business Ethics, CSR, and Whistleblowing in Corporate Governance. The text deals with models, theories/ approaches in ethics, governance, and CSR. Different types of prominent corporate scams across the globe have been discussed as examples. The live case studies, as discussed in the 3rd edition, have been retained in totality. The evolving definition of corporate governance has been duly discussed in Chapter 10 and 11. Provisions under the Indian Company Law 2013 have been discussed in detail, especially the mandatory provisions for controlling corruption/malpractices in companies. The author has tried to relate importance of the ethical principles and CSR as pillars of good corporate governance. In the changing times corporate governance has become a skilled job for the Directors and they are required to equip themselves with skills, knowledge, and expertise for managing different issues on governance. In nutshell, the new additions make the text richer and updated. Attempt has been made for covering different syllabuses of MBA programmes offered by B-Schools in the country on this subject. NEW TO THE EDITION • Sequentially revised and rearranged as per the subject content, which makes it very competitive in the market. • Introduces two new subjects: Ethics and CSR. • Underlines the importance of Business Ethics, CSR, and Whistleblowing in Corporate Governance. • Discusses different types of prominent corporate scams across the globe and the live case studies. • Principles on good corporate governance for implementation during COVID-19 regime have been covered in a separate chapter. • Role of company Directors has been highlighted in the changing times. • Includes mandatory provisions under the Indian Companies Act 2013 (updated up to 2020) for compliance in Corporate Governance. TARGET AUDIENCE The students pursuing MBA, MSW, and M.Com




Corporate Governance and Firm Value


Book Description

Corporate governance is a subject of high academic and practical significance in contemporary business. This book determines and analyzes the relationship between corporate governance and the value of a firm in emerging and developed financial markets by using econometric methods and models.




CORPORATE GOVERNANCE IN INDIA, FIFTH EDITION


Book Description

This comprehensive and thoroughly revised text, now in its fifth edition, continues to give a clear analysis of the principles and practices of corporate governance prevalent in India as well as in other industrialized countries of the world. The book has been revised as per the amendments in the Companies Act and Rules between 2015 and 2019, and also, includes SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2019. The book begins with an introduction to corporate governance, and then moves onto the evaluation of corporate governance system. It provides a detailed description of the principles, philosophy, structure and the process of corporate governance. The text also contains a case study of selected listed large-cap companies under BSE Sensex and NSE Nifty on their corporate governance practices in India for the financial year 2015–2016. Besides, it also provides recommendations of various national and international committees on corporate governance reforms. Primarily intended for the students of management, law and commerce, the book can also be used by professionals, regulatory authorities and policy-makers. NEW TO THE FIFTH EDITION • Includes several revisions and updates on corporate governance system and legal requirements enforced by the new Company Laws and SEBI Listing guidelines. • Live case studies in various chapters. • Chapter-end review questions to ‘Test Your Knowledge’. • Accompanying website containing well-designed objective type questions for practice—MCQs, T/F and Fill in the Blanks. Visit our Learning Centre. Click https://www.phindia.com/corporate_governance_india_by_das. • Glossary appended at the end of the book. KEY FEATURES • Provides an explorative and evaluative study on the standards and practices of corporate governance in India. • Outlines a road map for companies operating in India to achieve international standards of corporate governance. • Includes figures and tables for clear understanding of the concepts. TARGET AUDIENCE • M.Com. • MBA • LLB