Description

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Corporate governance can be defined as the set of legal policies that stipulate the parties who have the right to make the most important decisions in business organizations, consisting of corporate control and the processes and procedures through which these parties practice the decision-making power and control. In many corporate governance structures, control is assigned solely to investors, who being the equity capital providers expect residual risk by right of having a claim on residual revenues and profits. The most important ethical question in corporate governance is how shareholders' exclusive right to control and profit from a company can be justified. The adoption of corporate governance systems, the convergence of corporate governance activities toward globally accepted practices, and initiatives taken to ensure effective corporate governance practices are all discussed in this volume. For instance, the government of Malaysia has taken significant steps to establish the infrastructure that is required for efficient corporate governance practices. Ultimately, the agenda for effective corporate governance requires serious focus on enforcement, monitoring, and advocacy. Financial markets globalization over the previous decade has necessitated international compliance with corporate governance standards.

About the Author

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Dr. Kaushiki Singh is presently serving as Assistant Professor in the Department of Commerce, Dr. Shakuntala Misra National Rehabilitation University, Lucknow, Uttar Pradesh, India. She has passed her M. Com. from University of Lucknow and MBA from Annamalai University and has obtained Ph.D. degree from the University of Lucknow. She has more than 20 years of teaching and research experience in the field of Commerce and Management. She is a fellow member of Indian Commerce Association, Indian Accounting Association, UP Uttaranchal Economic Association and IIPA, New Delhi. She has completed two research projects and had received financial assistance from University Grant Commission, New Delhi. She has Published 47 Research paper in Scopus, UGC Care list and Refereed Journals. She has participated in more than 25 workshops/ Faculty development program. She has published 05 Books and Chaired session in various National and International Conferences and has delivered Lecture in UGC HRDC, University of Lucknow. Her area of interest and specialization are Marketing Management, Business Communication, Organizational Behavior, Knowledge management, etc. She has been awarded the Best Researcher Award in Commerce and Management IAREA - 2022 Jointly organised by DSMNRU and Science Tech Institute, Lucknow, UP, India.