A Study On Corporate Governance

2805 Words Sep 8th, 2014 12 Pages
Corporate governance: An Insight to Product Market Innovation in Competition

RESEARCH SYNOPSIS

SUBMITTED FOR THE PARTIAL FULFILLMENT OF THE COURSE

REQUIREMENT OF IX SEMESTER

CORPORATE GOVERNANCE

____________________________

SUBMITTED BY:

REGISTRATION NO. – 10A069

SEMESTER - IX

SUBMITTED TO:

Ms. GARIMA GOSWAMI

FACULTY IN CHARGE,

CORPORATE GOVERNANCE

GUJARAT NATIONAL LAW UNIVERSITY, GANDHINAGAR
2014
ACKNOWLEDGEMENT

It is indeed a great pleasure for me to undertake this dissertation on “Corporate Governance: An insight to the product market innovation in competition” It has been a great learning process for me and I have learnt number of useful thing during my research. I would like to take this
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Corporate Governance refers to the way a corporation is governed. It is the technique by which companies are directed and managed. It is all about balancing individual and societal goals, as well as, economic goals. It includes both social and institutional aspects. Corporate Governance encourages a trustworthy, moral, as well as ethical environment. Corporate Governance has competing definitions, but in Margaret Blair’s estimation encompasses the “the whole set of legal, cultural and institutional arrangements that determine what publicly traded corporations can do who controls them, how that control is exercised, and how the risks and returns from the activities they undertake are allocated”.

As per N.R Narayana Murthy, Chairman, Committee on Corporate Governance, SEBI, Mumbai, February 8, 2003

“Corporate Governance is the acceptance by management of the inalienable rights of shareholders as the true owners of the corporation and of their own role as trustees on behalf of the shareholders. It is about commitment to values, about ethical business conduct and about making a distinction between personal and corporate funds in the management of the company”.

The relationship between Competition and Corporate Governance is to explore how Governance structure of an organisation must incorporate the policy of Competition and to identify the possible concerns
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