Preface
This book is the culmination of my 20 years of teaching corporate governance
to management students and directors of large companies and over
twenty years of experience serving corporate boards as an independent
director.
I have explained corporate governance concepts and practices and the
theories underpinning the concepts. This will make the reading a fun and
help the readers to grasp the concepts easily. I have presented the concepts
with practical examples and case studies in order to facilitate learning.
I have not added a separate chapter on international corporate governance.
I have discussed corporate governance systems in a single chapter to enable
readers to appreciate the similarities and differences of different systems
and how globalisation leads to the convergence of systems towards the
Anglo-Saxon model. I have explained the Indian and international practices
under each topic, as almost all countries adopt best global practices and
readers should be able to appreciate how similar they are.
It is not a law book. Therefore, I have discussed the relevant legal provisions
in a lucid language.
I have not included reports in the book which are essential reference
material only for the doctoral students and as they are publicly available.
Moreover, the non-inclusion of those has helped to keep the book slim. I
have included only the Blue-Ribbon Committee recommendations so that
the audit committee’s role can be appreciated fully.
The readers might find the structure and pedagogy of the book different
from most available textbooks on the subject and I hope students and
managers will enjoy the text written with a novel approach.
I look forward to the suggestions from readers for improving the material.
-Asish K Bhattacharyya
ABOUT THE BOOK
Corporate governance has evolved over the past fifty years. Interest in understanding corporate governance
is growing among students, managers, and others. Those interested in understanding corporate governance will
find reading this book engrossing. The author uses the material to teach the subject to undergraduate and
graduate-level students and company directors. The pedagogy is to blend the theory with practices to enable
the readers to understand the evolution of corporate governance.
Unique Features :
- Lucid language with real-life examples.
- Novel pedagogy appropriate for self-study and classroom discussion.
- Covers contemporary issues and challenges in the governance of companies,
Including ESG :
- Covers the Anglo-Saxon model and models available in Germany and Japan.
- Discusses Indian and Korean business groups
- Bibliography to enable doctoral students to refer to original research
papers.
