Академический Документы
Профессиональный Документы
Культура Документы
The objective of CG
Directors are subjected to their duties, obligations, and responsibilities Act in the best interest of the company To give direction to the corporation To remain accountable to the shareholders and all other stakeholders To build up an environment of trust and confidence amongst those having competing and conflicting interest To enhance shareholders value and protect the interest of other stakeholders by enhancing the corporate performance and accountability
Regulators (SEBI/RBI)
Lenders (Banks/ Depositors)
Government Legislation
Shareholders/ Stakeholders
Emissions Business Impact Energy Use Product Life-cycle Product Value Wealth Generation Productive Employment Ethical Trading
Economic
Economics
above
Composition of Board of Directors optimum combination of executive & non-executive directors
Conclusion
Boards need to create wealth, utilize it and manage the same for human development and civilization Boards are social entities responsible various agents of the society It is the highest embodiment collective leadership and need to transform as role models in all walks of work and life Has a duty and responsibility to develop employees and market Corporate Boards are not personal properties minority or majority shareholders Right-Size the Board and its Composition Complementary Skill-Sets & Financial Acumen Essential Fit & Proper Criteria for Membership More Focus on Oversight, Less on Micro-Management Contribution as Important as Surveillance