Corporate Governance - ADL-08-Ver1

Assignment - A
Question 1 Board of Directors (BOD) plays very important role in the process of
Corporate Governance. Discuss.

Answer: The Board of Directors are responsible for the governance of their corporations.
Ideally, the BOD should be the heart and soul of a corporate. Whether or not the company
grows or declines depends much upon the sense of purpose and direction, the values, the will
to generate customer satisfaction and the drive to achieve.

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Question 2 Chairman of the BOD, has pivotal role in the performances of BOD. Do you
agree? Support your answer with reasons and examples.

Question 3 What are three major committees of the board? Discuss their role and
usefulness?

Question 4 “it is strongly felt that the contribution of non executive directors is critical
in establishing, maintaining and improving standards of governess vin
organisation”. Comment.

Question 5 “People with different perspective will have different expectations of the
Remuneration Committee”. Do you agree? Support your answer with reasons?

Question 6 What are “Best Boards"? What parameters were set for the evaluation of
the “Best Board” by The Business Today - AIMS Study of the Best Board, 1997

Assignment - B
Question 1: Write short notes on the following:
(a) Legal aspects and Liability of Directors:
(b) Cadbury's code of best practises:
(c) Green bury Recommendations:

Question 2: The en desirable code of corporate governance stresses more on the role of
Board of Directors and therefore has only limited value. Comment.

Question 3: Performance evaluation of the BOD seems to be an essential component in

improving corporate governance. Do you agree! Who should do this evaluation
and how? ‘

Question 4 “Good corporate Governance is a question of Ethics” Discuss?

Question 5 Discuss the various developments in the field of Corporate Governance in

India in recent years?
Question 6 What is good code of Corporate Governance? Do you consider it can serve
any useful purpose in improving governance? Support your answer with
examples.

Case Study
MUNICIPAL COMMISSIONER

Question 1. Analyze the value conflict, if any.

Question 2. How would you handle the situation if you were in place of Mr. Rao?

Assignment - C
1. Essence of corporate Governance is:

2. Corporate Governance is a system of:

3. The concept of Corporate Governance is applicable to:

4. The Question of Corporate Governance has come up mainly due to:

5. As per Raja J. Chelliah, weakness in the system of governance in India can only be
remedied by:

6. A corporate must be socially responsible for:

7. BOD stands for:

8. Which is not a Category of Shareholders:

9. private sector who has firm hold over companies:.

10. In Public sector, who selects / appoints the board members:

11. The head of the BOD is normally called:

12. For effective Corporate Governance CEO of the Company:

13. The BOD should consist of:

14. Which one of the following is not a parameter of the best boards:

15. Which one of the following is not a duty of the directors:

16. Directors are liable for:

17. The directors appointed by financial institutional on the BOD are called:
18. The Companies Act 1956 came into force on:

19. The Companies (Amendment) Act, 1996 came into force on:

20. SEBI Strand for:

21. Cadbury Committee report was published in UK in:

22. Cadbury Committee was set up to address the:

23. Cadbury Committee along with its report published a document which was called:

24. Which one of the following was not a section of the above document:

25. In respect of auditing, which of the following aspects is not part of Cadbury Report:

26. Which one of the following organizations have not contributed to rising awareness about
good corporate governance:

27. Who prepared the report titled ” Desirable Corporate Governance in India - A Code “

28. The above report was based on the draft report prepared by:

29. The number of recommendations made in the above report were:

30. Desirable Corporate Governance: A Code (DCGC) recommends that the full board
should meet minimum of following times:

31. The National Task Force on Corporate Governance ( Set up by CII) was headed by:

32. The word “value” is derived from the French/ Latin/word:

33. A value is a --------- concept ( choose the word most suited to fill the blank)

34. Which one of the following is not a major stakeholder in Corporate Governance:

35. The ethics of Corporate Governance is therefore the determination of what is right, proper
and ____________

36. The word ” Ethics ” is derived from:

37. The subject of business ethics is multi-leveled. The three levels normally considered are
individual, organisation and__________________

38. Many Mangers think of ethics as a question of personal____________

39. Ethical issues are truly managerial dilemma because they represent a conflict between an
organisations economic performance and its:

40. Which one of the following is not a method of analysis of an ethical decision:
41. Feedback cycle (Evaluation of Performance) in BOD was advocated by:

42. Which one of the following is not a feature of implementing evaluation process in
corporate governance:

43. Which one of the following is not the essential features of conducting board's
performance evaluation:

44. Who should evaluate the performance of the Boards as a whole:

45. Who should evaluate the performance of the CEO (when he is not the chairman?)