These are the directors, who do not hold an executive position in the organization. They are also known as outside directors. These directors play a…

The function of a board is very comprehensive. In practice, it could be said that the board is responsible for laying down matters of principle…

Change is the order of the day. Advancement in science and technology has changed the way we live. Globalisation and liberalization has changed the way…

Though the terms governance, good governance and corporate governance is increasingly used in development literature since recent times, the concept of governance is not new….

Recent corporate failures and scandals involving mis-governance and unethical behaviour on the part of corporates rocked the corporate sector all over the world, shook the…

As it was briefly stated earlier, corporate governance has been much talked about in India particularly after 1993. Liberalization brought mixed results for Indian economy….

Good corporate governance is good business because it inspires investors confidence, which is very essential to attract capital. A few unscrupulous businessmen can, largely undo…

Corporate policy is the guide post to decision making. It helps in the managerial thinking process and thus leads to the efficient and effective attainment…

 After understanding the concept of corporate policy, following features can be identified: General Statement of Principles: Policies are general statement of principles followed by corporate…