NAME – VIJAY KUMAR MAHENDRA NISHAD

ROLL NO. – 23 ( TWENTY THREE)

CLASS – T.Y.BMS SUBMITTED TO – AMBRIN MAM

TOPIC

NAMEPrinciples of Good Corporate Governance & Factors Affecting Corporate Governance

What is Corporate Governance ???? Corporate governance refers to the system by

which corporations are directed and controlled.

Definition It is defined as "a system of law and

sound approaches by which corporations are directed and controlled focusing on the internal and external corporate structures with the intention of monitoring the actions of management and directors.”

Principles of Good Corporate Governance The Rights of Shareholder’s – Voting Rights, Rights to Inform, Uses

of Funds, etc. Equitable Treatment of Shareholder’s – All shareholder’s Should be

Given equal Treatment.

Interest’s of Other Stakeholder’s – Employees, Investors, Creditors, Suppliers, Customers, etc.

Integrity and Ethical Behavior – Choosing Right Person and Making Code of Conduct for Ethical decision Making.

Role and Responsibilities of the Board – Responsible for Setting objectives, decision making, Disclosing Info., etc.

Disclosure and Transparency – Roles & Responsibilities of BOD & mangt., Financial Report, Material Report, etc.

Factor’s Affecting Corporate Governance Quality and Power’s of Board – Good Knowledge, Experience.

Board Appointment’s – Done on The Basis of Skills, Qualification, Experience.

Board Procedure and Meeting’s – Follow Act as well as AOA.

Financial and Operational Reporting – Disclosures and Reporting.

Contd.

Code of Conduct – It Leads to Effective Governance.

Risk Management System – Have a System to Manage Risks.

Stakeholder’s Participation in Management – Proper CG Allows Participation

in Management.

Social Obligation – Organization Has Certain Obligation Towards Society.

Ownership Pattern – Shareholding Pattern of organization Influence’s CG.