Question

Explain various guideline given by indian committee on corporate governance

Answer 1

Corporate Governance refers to practices by which organisations are controlled, directed and governed. The fundamental concern of Corporate Governance is to ensure the conditions whereby organisation's directors and managers act in the interest of the organisation and its stakeholders and to ensure the means by which managers are held accountable to capital providers for the use of assets. To achieve the objectives of ensuring fair corporate governance, the Government of India has put in place a statutory framework.

Answer 2

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Cooperative governance refers to the practices by which organisations are cntrolled, directed or government. the fundamental concern of corporate governance is to ensure the conditions whereby organisations directory and managers act in the interest of the organisation and its skateholders and to ensure the means by which mangers are held accountable to capital providers for the use of assets.

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