process of corporate_governance

May 29th, 2015
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Acadia University
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Corporate governance is a term that refers broadly to the rules, processes, or laws by which businesses are operated, regulated, and controlled. The term can refer to internal factors defined by the officers, stockholders or constitution of a corporation, as well as to external forces such as consumer groups, clients, and government regulations.

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Report on Corporate Governance With relation toY C DEVESHWARName: Samir parmarSubject: Business Ethics & Corporate GovernanceEnrollment no: 107420592034Submitted to: Amruta Jajoo mamY C DEVESHWARY C Deveshwar (65), an engineering graduate from the Indian Institute of Technology, Delhi joined ITC Limited in 1968. He was appointed as a Director on the Board of the Company in 1984 and became the Chief Executive and Chairman of the Board on January 1, 1996. He is also the Chairman of ITCs wholly owned subsidiary, ITC InfoTech India Limited, and its subsidiaries in the UK and USA. Between 1991 and 1994, he led Air India as Chairman and Managing Director.Under his leadership, ITCs Sustainability efforts were given shape through unique business models. ITC became the first Indian company to publish its Sustainability Report, 2004 in accordance with the guidelines of the Global Reporting Initiative. For the efforts at creating sustainable livelihood opportunities, ITC also won the inaugural World Business Award instituted jointly by the United Nations Development Program (UNDP), International Chamber of Commerce (ICC) and the HRH Prince of Wales International Business Leader's Forum (IBLF). ITCs e-Choupal, a digital infrastructure initiative to empower marginal farmers in India, is taught as a case study at the Harvard Business School. This initiative won the Development Gateway award at Beijing in September 2005 and the Stockholm Challenge Award i

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