Corporate governance calicut university pdf

School of Distance Education Auditing and Corporate Governance Page 96 new Companies Act 2013, which fixed liabilities of auditor and independent directors, among other changes

In 2014, market regulator SEBI amended Clause 49 of listing guidelines to improve corporate governance

Corporate Governance Rating (C GR) is an opinion on the relative position of an organization in respect of adoption of corporate governance practices

It indicates to the stakeholders about the level of corporate governance practices prevailing in the organization

School of Distance Education Auditing and Corporate Governance Page 88

Corporate governance is sets of rules and guidelines for monitoring and evaluating performance of the organization

Monitoring of governances by the broad also includes continuous review of the internal structure of the company to ensure that there are clear lines of accountability and responsibility for management throughout the organization