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Question

Kumar Mangalam Birla Committee Report, Ramesh Chandra Committee Report, Cadbury Committee Report primarily focus on which one of the following?

This question was previously asked in
UGC NET 2016 Paper 2 Management Question Paper (22-Jan-2017)
The correct answer is

issues relating to corporate governance practice

Concept: Corporate governance committees are set up to recommend how companies should be directed, controlled and made accountable to stakeholders.

The answer follows from recognising what these three committees were set up to examine.

The Cadbury Committee (UK) is the landmark report on the financial aspects of corporate governance, and the Kumar Mangalam Birla Committee (SEBI, India) framed the recommendations that shaped listing-agreement governance norms in India; the Ramesh Chandra Committee likewise addressed governance matters. All three are, at their core, corporate-governance committees - for example, Birla's report led to Clause 49 governance requirements for listed companies.

They are not about marketing ethics, employee health programmes, or gender equality, which are unrelated concerns.

Option check: Because every one of the three committees deals with board accountability and disclosure, the marketing-ethics, employee-health and gender-equality options are all ruled out. Hence they primarily focus on issues relating to corporate governance practice.

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Similar Questions

  1. Which one of the following is not a principle of corporate Governance ?

  2. Match the items given in the List - I and List - II and suggest the correct code :

    List - IList - II
    (a) Ethics(i) Right code of behaviour for a group or profession
    (b) Morality(ii) Prescribes right conduct for everyone
    (c) Moral standard(iii) Needs some inclination to follow morality
    (d) Meta Moral Standard(iv) Practical and pragmatic

    Code :

  3. Assertion (A) : When a corporation acts ethically and socially responsible in its business decisions and strategic planning, then the corporation will be more sustainable.

    Reason (R) : Socially responsible corporate behaviour is increasingly seen as essential to long-term survival of companies.

  4. Social responsibility of business while appropriating natural resources by a corporate entity has been recommended in which one of the following?

  5. Disclosure of corporate governance practice and its compliance has been stipulated in which one of the following?

  6. 'The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.'

    This may be attributed rightly to which one of the following?

  7. Read the following passage and answer the questions :

    Jensen examines the dynamics of corporate takeovers and challenges prevailing misconceptions surrounding them. He argues that takeovers are not merely hostile disruptions but serve as a crucial mechanism of the market for corporate control. According to Jensen, inefficient management teams often fail to maximize shareholder value and takeovers act as disciplinary tool by transferring control to more competent managers. He emphasizes that while popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests that they frequently generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes between the folklore-emotional and political arguments against takeovers depicting as harmful to employees and society and the science, which demonstrates thier role in improving efficiency and shareholder wealth. He also addresses concerns about debt financing in leveraged buyouts, contending that high leverage can impose financial discipline on managers by reducing wasteful spending. Ultimately, Jensen frames takeovers as an essential corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests. His analysis laid the groundwork for modern corporate finance debates on governance, agency costs and the value-creating potential of mergers and acquisitions.

  8. In the paragraph, inefficient management teams are described as those who :

  9. Which of the following reflect Jensen’s “Science” of takeovers ?

    A. Improve shareholder wealth

    B. Reallocate resources productively

    C. Impose financial discipline through debt

    D. Operate as hostile disruptions

    E. Function as an essential corrective force in capitalism

    Choose the correct answer from the options given below :

  10. According to the paragraph, takeovers are not merely hostile disruptions but serve as :


Important Questions from Corporate governance and business ethics

  1. As per the Anglo-Saxon Model of Corporate Governance, the authority lies with the following. Arrange these in decreasing order of authority.

    A. Board of Directors

    B. Managers

    C. Shareholders

    D. Employees (Company)

    E. Trade unions

    Choose the correct  sequence from the options given below

  2. Assertion (A) : Corporate governance is an important instrument of investor protection.

    Reason (R) :  Strong corporate governance is indispensable to resilient and vibrant capital markets.

    Which one of the following options is correct?

  3. Which one of the following is not a norm of corporate governance ?

  4. Which one among the following is not a true statement?

  5. Ethics are moral principles and values which:

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