A Board Culture of Corporate Governance

May 29th, 2015
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Adelphi University
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Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. In contemporary business corporations, the main external stakeholder groups are shareholders, debt holders, trade creditors, suppliers, customers and communities affected by the corporation's activities. Internal stakeholders are the board of directors, executives, and other employees. It guarantees that an enterprise is directed and controlled in a responsible, professional, and transparent manner with the purpose of safeguarding its long-term success. It is intended to increase the confidence of shareholders and capital-market investors.

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CORPORATEGOVERNANCECONTENTS1. Meaning 1 2. Corporate Governance models around the World 2 i. Continental Europeii. Indiaiii. The United States ad UK3. Corporate Governance in India-a background 44. Principles of Corporate Governance 65. Organizational framework 76. A case study of Corporate Governance-SATYAMi. Role of Board of Directors 8ii. Directors remuneration 10iii. Audit committee 11iv. Shareholders committee 12v. Conclusion 137. Future prospects 148. Bibliography 16 MeaningCorporate governanceis "the system by which companies are directed and controlled". It involves a set of relationships between a companys management, its board, its shareholders and other stakeholders; it deals with prevention or mitigation of t

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