*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 45 :* 17.05.2020
Corporate Governance Information
An Important Part of Company's Annual Report!

Corporate governance is the system of rules, practices and processes by which a company is directed and controlled and involves balancing the interests of many stakeholders of a company, such as customers, suppliers, shareholders, management, financiers, government and the community. It is mandatory to include the corporate governance report in the annual report of the company. The importance of good corporate governance has increased phenomenally ever since one of the biggest corporate frauds in India was unearthed at Satyam Computer Services in 2009.Since then, the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) have undertaken various initiatives for the corporate governance.

When corporate governance guidelines are executed effectively, they can help to prevent corporate scandals, frauds and civil or criminal liability of the company. The corporate governance report gives details about company's corporate governance philosophy, composition of board of directors of the company, brief background of executive directors and independent directors of the company, attendance of these directors in board meetings and annual general meeting, remuneration of directors, appointment/re-appointment of directors, composition of various sub-committees like - audit committee, nomination and remuneration committee, stakeholder’s relationship committee, CSR Committee, risk management committee, etc, code of conduct of company, important disclosures, means of communications, CEO / CFO Certifications,general shareholder information, stock price performance, distribution of company's shareholding, auditors certificate of corporate governance, etc.


FOR MORE SUCH TYPE OF EDUCATION JOINT OUR ONLINE SERIES AND BATCHES AND BE A PRO TRADER CONTACT ON 7028 421 786.

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