By

Praveen kumar. G
 Corporate governance refers to the set of rules or
regulations that govern the functioning of an
organization.

 Corporate governance provides direction and

strategic control in long term.

 corporate governance structure specifies the

distribution of rights and responsibilities among
different participants in the corporation

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 Set of rules or intermediaries between the
share holders and the executives

 Helps the best use of resources for the

betterment of the stake holders

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 Watergate Scandal(1972-74)-companies in
the US had engaged in secret political
contributions and corrupt payments.

 Savings and loan collapse(1985)

 Enron

 Worldcom

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 In future corporate may have more power
than state- (berle&means)1932

◦ State - political power

◦ Companies - economic power

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 People who provide strategic plan for the
growth of the company

 Control – analyses financial and nonfinancial

performance to make sure management does
the right thing

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 Internal structure of constructive criticism

 Courage

 Selection of board
 Skilled

 committee leadership

 Mutual respect

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Thank you

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