2
The Theory and Practice of Corporate Governance
CHAPTER OUTLINE
- The Concept of Corporation
- Theoretical Basis of Corporate Governance
- Agency Theory
- Stewardship Theory
- Stakeholder Theory
- Sociological Theory
- Corporate Governance Mechanisms
- Corporate Governance Systems
- Indian Model of Corporate Governance
- What is “Good” Corporate Governance?
- Obligations to Society at Large
- Obligation to Investors
- Obligation to Employees
- Obligation to Customers
- Managerial Obligation
The Concept of Corporation
No other institution has contributed so much to the growth of market-driven capitalist economies of the world as modern corporations. The Joint Stock Company which is also known as “Corporation” is the nucleus of all business activities in modern economies. ...
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