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Corporate Governance Must Conform To Global Trends: SCOPE

Corporate governance norms in the country must be revised in keeping with the changing global trends, while there is the need for greater autonomy and empowerment of the public sector enterprise boards with the establishment of a holding company of leading PSEs, the Standing Conference of Public Enterprises (SCOPE) has said. At a national workshop […]

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CSR Reduces Crash Risk: Study

CSR Reduces Crash Risk: Study

We now have empirical evidence that being socially responsible is not merely altruistic, but actually pays dividends, even in the business world. A forthcoming article in the Journal of Banking and Finance demonstrates a strong relationship between firms with strong corporate social responsibility performance and reduced risk of stock price crashes. The authors of the […]

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eBay Corporate Governance Worst Ever: Icahn

eBay Corporate Governance Worst Ever: Icahn

NEW YORK: Billionaire activist investor Carl Icahn said that corporate governance at e-commerce giant eBay Inc, in which he is a shareholder, was the worst he had ever seen. “I’ve never seen worse corporate governance than eBay,” Icahn told CNBC television. Icahn, who has a 2.15% stake in eBay, is known for taking large stakes […]

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Diageo Seeks To Tighten Governance Norms at USL

Diageo Seeks To Tighten Governance Norms at USL

Bangalore: Diageo Plc., the world’s largest distiller, is tightening corporate governance practices at United Spirits Ltd (USL) and the UK-based company has hired a consulting firm to vet USL’s contracts with other UB Group companies to ensure these agreements are “arm’s length transactions”. Deloitte, which has been working with USL on various projects, has been asked […]

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FICCI Establishes Centre for Corporate Governance

FICCI Establishes Centre for Corporate Governance

NEW DELHI: Industry body Ficci today announced the setting up of an in-house centre to enhance corporate governance standards in India and provide services in this area internationally as well. The centre will be chaired by Chairman of Shriram Capital Ltd Arun Duggal and will have its own Advisory Board, staff and funding. One of […]

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United Bank Faces Corporate Governance Probe

United Bank Faces Corporate Governance Probe

New Delhi: The crisis-hit United Bank of India, which has run into losses amid suspiciously high bad loans, now faces fresh probes for possible lapses related to auditing and corporate governance norms. Capital market regulator Sebi has received complaints about possible violations to its corporate governance norms at the bank, while it may also look […]

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Book on Corporate Governance “ Leading from the Top: Directors who Make the Difference” by Dr. N Bala Balasubramanian

Book on Corporate Governance “ Leading from the Top: Directors who Make the Difference” by Dr. N Bala Balasubramanian

India CSR News Network Renowned Professor  Dr. N Bala Balasubramanian has authored a new book titled “ Leading from the Top: Directors who Make the Difference”.  In this book Author has explained  the three pillars of governance—the shareholders, the board and the executive management including the dynamics of managing board effectiveness—through real life case studies […]

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How NSEL Shunned Corporate Governance

How NSEL Shunned Corporate Governance

 By Asish K Bhattacharyya The NSEL corporate governance system failed to address the issue of conflict of interest. The son-in-law of the chairperson of NSEL is the promoter of NK Proteins, a company that owes Rs 920 crore to investors The NSEL case presents an example of bad strategy and poor corporate governance. It is […]

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Conference on Ethics and Corporate Governance

INDIACSR News Network NEW DELHI: To create awareness and understand the importance of Ethics in Governance, the Institute of Company Secretaries of India (ICSI), in collaboration with National Institute of Securities Markets (NISM), in its series of conferences on the subject, organized a Conference on the theme ‘Ethics and Governance’ at Mumbai on 27-September. Shri […]

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YES Bank Hits 52-Week Low on Corporate Governance Issue

YES Bank Hits 52-Week Low on Corporate Governance Issue

Promoters relative Madhu Kapur raised corporate governance issues at bank in an affidavit filed in the Bombay high court, report. YES Bank has tanked over 14% to Rs 299, also its 52-week low on BSE, on PTI reports that the Reserve Bank of India (RBI) said that it is seized of the ongoing boardroom battle […]

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Comments

  • indiacsr: I want to participate in the programme. Kindly send me detail.