Corporate Governance
uid: 6d187cd72fbc51fd668d31ba10d42a3d
Section titled “uid: 6d187cd72fbc51fd668d31ba10d42a3d”Corporate Governance
Section titled “Corporate Governance”2020-10-21 16:52:17
- CSR - org serve interest of society, behave ethically to improve local community and society
- CG - set of system to ensure that coy is governed in best interest of all stakeholders, fairness, transparency and accountability
- CG Challenges in Public enterprise -
- Unclear ownership objective, PSE have wide range of goals, objectives
- Weak owners - weak institutions, mgt goals,
- Low transparency and disclosure - undermines performance, limits Accountability,
- Unprofessional Board of Directors
- 2nd ARC Recom
- Community benefit project taken up by corporate entity, Govt should act as facilitator