Committee on Corporate Governance Identification
The question asks to identify a specific committee related to Corporate Governance. The key details provided are:
- Constitution Date: 7th May 1999
- Related Bodies: CII (Confederation of Indian Industry) and SEBI (Securities and Exchange Board of India) as custodian.
- Focus: Corporate Governance.
The committee established on May 7, 1999, under the auspices of the CII, with SEBI playing a crucial role as custodian for investor interests, is widely recognized as the Kumar Mangalam Birla Committee. This committee was instrumental in shaping corporate governance norms in India.
Therefore, the correct identification of the committee is the Kumar Mangalam Birla Committee.
Important Questions from Corporate governance and business ethics
Corporations are controlled and directed by which one of the following?
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
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?
Which among the following is not a correct statement with regard to Corporate Governance in India ?
List out from the given statements the important ethical principles that a business should follow:
a) To take the necessary action for the development of the concerned industry or business.
b) Pay taxes and discharge other obligations promptly.
c) To ensure the best utilisation of the human resources.
d) Refrain from secret kickbacks or pay-offs to customers, suppliers, administrators, etc.
e) Ensure payment of fair wages and fair treatment of employees.
Choose the correct answer from the options given below:
