Sangam University Bhilwara

Sangam University Bhilwara Rajasthan Expert Talk on Corporate Governance

Fundamental objective of corporate governance is "enhancement of the long-term shareholder value while at the same time protecting the interests of other stakeholders." as per SEBI (Kumar Mangalam Birla) Committee Report January 2000.

Sangam University Bhilwara has a rich tradition of involving practicing professionals from various walks of life to give talks on various topics on a regular basis. On 9 Apr 2014, a talk on Corporate Governance was organized for the BBA MBA students by Multi Talented Colorful Personality and alumnus of National Law School of India University - NLSIU Bangalore Mr K Shankar who is a Film Legal Advisor, Script Advisor, Actor, Advocate, Attorney at Law, Management Consultant, Corporate Trainer and many more.

When Prof BR Natarajan President - Vice Chancellor Sangam University introduced Mr K Shankar to the audience, he was welcomed with a thunderous applause. The highlights of the talk included Evolution of Governance from Chanakya's Arthasastra and its extension to Corporates; interpretation of Corporate Governance as per Adam Smith's Wealth of Nations & OECD and Central Vigilance Commissioner - CVC October 2007; Gandhian thoughts on Corporate Governance; need, roots and approaches for corporate governance; stakeholders involved in corporate governance; and Shell Triple Bottom-line theory.

Mr Shankar also discussed salient features of Cadbury committee December 1992 report; Greenbury Committee July 1995 report; Hampel Committee January 1998 report; SEBI code 2000; Sarbanes Oxley Report 2002; Naresh Chandra Committee 2002 Report, Narayanamurthy Committee Report 2003; Clause 49 Corporate Governance on Board of Directors, Audit Committee, Remuneration of Directors, Board Procedures; analysis of Satyam fraud as well as loopholes in Clause 49.

The talk was followed by a question answer session after which Prof Natarajan gave vote of thanks and presented a memento on behalf of the university to Mr Shankar.

Categories: Colleges and Universities

Tags: Bhilwara, Cadbury, Corporate Governance, Greenbury, Hampel, Kumar Mangalam Birla, Narayanamurthy, OECD, Sangam University, Satyam, SEBI, shell

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Sangam University aims to accomplish the task of creation of future by facilitating triveni of not only intellectual and cultural values but also ethical values resulting in the development of leaders who know the way, go the way and show the way.

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