“The major players in the area of corporate governance, within the corporation are corporate board, shareholders and employees. Externally, the pace for corporate governance is…

Law –Related Expectations The Indian Companies Act does not define the Board of Directors (BoDs). Even ‘Director’ is simply defined as ‘it includes any person…

According to Bacon and Brown, BoDs, in terms of strategic management, have three basic tasks. To initiate and determine: A board can delineate an organisation’s…

The provision of section 292 of the Companies Act provides for delegation of powers by the BoD to the Committee of Directors of the powers…

The role of the Chairman is to manage the board and ensure that its policies are put into practice by the management. He must have…

The role of a CEO is to achieve the organizational objective, by efficiently running the organization. He also needs to maintain close working relation with…

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….