Although corporations have been around for well over half a millennium, corporate governance as a distinctive field of study and specialization is of relatively recent origin. With corporate footprints escalating across industry and service sectors over different geographies around the world, governing the corporation has become an increasingly complex exercise. Professor Balasubramanian explains the three pillars of governance -- the shareholders, the board and the executive management -- including the dynamics of managing board effectiveness, through real-life case studies and interactive examples.
The author aims to encourage dialogue about leading corporations in an ethical and sustainable manner. In the wake of corporations like Satyam, Sahara, Sardha, SKS Microfinance and National Spot Exchange making headlines for all the wrong reasons, this is essential reading.