Corporate Governance Theory and Practice Anil Kumar Edition Jan 26
Corporate Governance Theory and Practice Anil Kumar Edition Jan 26
The Present Publication is the 2nd Edition, authored by Prof. Anil Kumar, with the following noteworthy features:
- [Integrated Theory–Practice Framework]
- [Rich Comparative Governance Models]
- [Comprehensive Coverage of Board Governance]
- [Governance Challenges in the Modern Corporate World]
- [Deep Analysis of Global Corporate Failures]
- [Indian Regulatory Landscape Mapped Thoroughly]
- [Forensic Study of Indian Corporate Scandals]
- [Pedagogically Strong NEP-aligned Structure]
The detailed coverage of the book is as follows:
- Conceptual Framework of Corporate Governance
- Covers meaning, significance, evolution, governance vs. management, pillars of governance, theories, global models, and insights from Kautilya’s Arthashastra—one of the book’s unique differentiators
- Includes conceptual diagrams, models, and case-based illustrations
- Board Structure and Directors
- This chapter explores:
- Types of directors globally
- Role, composition, and functioning of the board
- Executive vs. non-executive dynamics
- Audit, Nomination, Remuneration, and specialised committees
- Case illustrations relating to board oversight failures
- This chapter explains how modern boards actually work
- Issues & Challenges in Contemporary Governance
- This chapter is a bridge between theory and practice, addressing:
- Insider trading regulatory structure
- Whistle-blower protection design
- Shareholder activism scenarios
- Institutional investor influence
- Class action suits in India
- CSR as part of governance
- Gandhian Trusteeship as an ethical framework
- Global Corporate Failures & International Governance Codes
- Includes forensic analyses of failures like:
- Enron
- WorldCom
- Lehman Brothers
- BCCI
- Maxwell
- And explains how they shaped:
- Cadbury Committee recommendations
- Sarbanes–Oxley Act (SOX) reforms
- OECD governance principles
- This helps students link global crises with regulatory strengthening
- Corporate Governance Regulatory Framework in India
- A granular examination of:
- Corporate laws
- Governance committees
- SEBI regulations
- Disclosure & transparency norms
- Audit and risk management requirements
- Responsibilities of promoters, directors, and KMPs
- Corporate Failures and Scams in India
- One of the most detailed sections in the book, covering:
- Satyam
- PNB scam
- IL&FS crisis
- Yes Bank collapse
- ICICI conflict-of-interest case
- Kingfisher Airlines’ governance lapses
- Each case is broken into:
- Background
- Governance failures
- Roles of directors, auditors, and regulators
- Red flags
- Post-crisis regulatory tightening
About the Author
Prof. Anil Kumar, PhD, is a distinguished academic with over 35 years of experience in teaching, research, training, and consultancy in corporate governance, corporate law, and finance. Currently a Professor in the Department of Commerce at the Delhi School of Economics, University of Delhi, he served as a Professor at Shri Ram College of Commerce (SRCC) for over three decades.