Ppt Corporate Gov

8/10/2019 Ppt Corporate Gov

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A corporation is an organization created by agroup of shareholders who have ownership ofthe corporation.

The elected Board of directors appoint andoversee management of the corporation.


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Governance refers to "all processes ofgoverning, whether undertaken by agovernment, market or network, whether over

a family, tribe, formal or informal organizationor territory and whether through laws, norms,power or language."


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Corporate governance is the set of processes ,customs , policies , laws , and institutionsaffecting the way a corporation (or company )

is directed, administered or controlled.

It is stepping into the shoes of the

shareholders, stakeholders, vendors, suppliers& employees by the Top Managers and CEO ofthe company.


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Accountability

Fairness

Transparency

Independence


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Ensure that management is accountable to theBoard.

Ensure that the Board is accountable toshareholders.


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Protect Shareholders rights.

Treat all shareholders including minorities,

equitably.

Provide effective redress for violations.


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Ensure timely, accurate disclosure on all materialmatters, including the financial situation,performance, ownership and corporate

governance.


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Procedures and structures are in place so as tominimise, or avoid completely conflicts ofinterest.

Independent Directors and Advisers i.e. freefrom the influence of others.


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Composition of Board of Directors.

Role of Board of Directors.

Audit Committee. Shareholders Committee.


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Better access to external finance.

Lower costs of capital interest rates on loans.

Improved company performance sustainability.

Higher firm valuation and share performance.

Reduced risk of corporate crisis and scandals.


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Trusteeship As professional managers, we are conscious that ITC

has been given to us in "trust" by all our stakeholders.We will actualise stakeholder value and interest on along term sustainable basis.

Customer Focus We are always customer focused and will deliver what

the customer needs in terms of value, quality and

satisfaction.

Respect For People We are result oriented, setting high performance

standards for ourselves as individuals and teams.

We will simultaneously respect and value people and


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uphold humanness and human dignity.

Excellence

We do what is right, do it well and win. We will strivefor excellence in whatever we do.

Innovation We will constantly pursue newer and better processes,

products, services and management practices.

Nation Orientation We are aware of our responsibility to generate

economic value for the Nation. In pursuit of our goals,we will make no compromise in complying withapplicable laws and regulations at all levels.


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PRESENTED BY :

SHIVAANG SANGAL

SONALI MAHESHWARI

SHIVANI GARGRICHA SHARMA

Ppt Corporate Gov

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Transcript of Ppt Corporate Gov