Guide to Corporate Governance

In today’s complex business world with ever-growing challenges like Board room failures, questionable banking practices, conflict of interest with auditors, insider trading etc., the need for an overarching model of strong and robust Corporate Governance and stringent controls has becomethe order of the day. Since the advent of Cadbury Committee report under the leadership of Sir Adrian Cadbury in the United Kingdom in the Nineties and implementation of Sarbanes Oxley Act in the US, the incidence of Corporate Governance has come a long way in the global arena of Corporate culture. Similar wave has touched the Indian shores as well in the form of complete restructuring of the Companies Act 2013, incorporation of converged International Financial Reporting Standards (IFRS) in the form of Ind AS and various guidelines issued by the Securities and Exchange Board of India from time to time on disclosures, insider trading and Acquisition and takeovers. This work professes to assimilate all these initiatives in global and Indian context and provide thereader a single window for quick understanding of the ramifications of these guidelines in a structured and user friendly manner. Key features The book covers the following areas: Corporate Governance under the Companies Act 2013 Corporate Governance under latest SEBI Guidelines Guideline A table of comparison of latest SEBI Guidelines with Clause 49 and Companies Act 2013 and Rules 2014 Reporting of financial results and audit of financial statements Secretarial standards and secretarial audit Enterprise Risk Management and Financial Control Obligations of listed entities non-convertible debt securities or non-convertible redeemable preference shares or both, on Indian depository receipts, securitized debt instruments and mutual funds Securities and Exchange Board of India (Substantial Acquisition of shares and takeovers) Regulations, 2011 (As Amended) Corporate Governance related to not for profit organizations Corporate Social responsibility