1. Dept. of MBA, Sanjivani COE, Kopargaon
304 CORPORATE GOVERNANCE
Unit. No. 1 CONCEPTUAL FRAMEWORK OF
CORPORATE GOVERNANCE
Session 1. Introduction to Corporate Governance
Presented By:
Dr. V. D. Chavan
Ph. D (Management), MBA(Mkt), B.Com (Banking and Cost Accounting)
Associate Professor of MBA
1
Sanjivani College of Engineering, Kopargaon
Department of MBA
www.sanjivanimba.org.in

2. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate

3. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate
• What do you mean by Corporate?
• What are the activities conducted under Corporate?
• A corporation is a legal entity that is separate and distinct from its
owners.
• Under the law, corporations possess many of the same rights and
responsibilities as individuals.
• They can enter contracts, loan and borrow money, sue and be sued, hire
employees, own assets, and pay taxes.

4. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Governance

5. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Governance
• What do you mean by Governance?
• What are the activities conducted under Governance?
• The World Bank defines governance as: the manner in which
power is exercised in the management of a country's economic
and social resources for development.
• The Worldwide Governance Indicators project of the World Bank
defines governance as: the traditions and institutions by which
authority in a country is exercised.

6. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate Governance
• Corporate Governance
• Vision, Mission, Objectives, Strategy, Goals
• Board of Directors & Committees
• Disclosure & Transparency
• Accountability & integrity

7. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate Governance

8. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate Governance
• Introduction:
• Corporate governance is the system by which companies are
directed and controlled.
• Boards of directors are responsible for the governance of their
companies.
• The shareholders' role in governance is to appoint the directors
and the auditors and to satisfy themselves that an appropriate
governance structure is in place.

9. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate Governance
• What is corporate governance?
• The purpose of corporate governance is to facilitate effective,
entrepreneurial and prudent management that can deliver the
long-term success of the company.
• Corporate governance is the system by which companies are
directed and controlled.
• Boards of directors are responsible for the governance of their
companies.
• The shareholders’ role in governance is to appoint the
directors and the auditors and to satisfy themselves that an
appropriate governance structure is in place.

10. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate Governance
• The responsibilities of the board include setting the company’s
strategic aims, providing the leadership to put them into effect,
supervising the management of the business and reporting to
shareholders on their stewardship (taking care on behalf) .
• Corporate governance is therefore about - what the board of a
company does and how it sets the values of the company, and it is
to be distinguished from the day to day operational management
of the company by full-time executives.
• Corporate Governance is fundamentally about improving
transparency and accountability within existing systems.

11. Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
www.sanjivanimba.org.in
Dept. of MBA, Sanjivani COE, Kopargaon
Corporate Governance
• Please complete the MCQ to know your attention and class
participation
• https://economictimes.indiatimes.com/markets/stocks/news/wat
ch-kotak-panel-report-on-corp-governance-likely-next-
week/videoshow/60870995.cms?from=mdr
• https://www.facebook.com/watch/?v=398169067752577
• https://www.youtube.com/watch?v=cnYJEMR9_J0

12. Dept. of MBA, Sanjivani COE, Kopargaon
Thank You

13. Dept. of MBA, Sanjivani COE, Kopargaon