The document discusses the importance of corporate governance for value addition in enterprises. It states that corporate governance rests on the vision of leadership and requires principles like fairness, transparency, communication and knowledge sharing. Good corporate governance practices can lead to benefits like growth, goodwill, and meeting the expectations of various stakeholders including employees, investors, customers and society. While progress has been made, more still needs to be done to improve practices like board composition and functioning. Overall, corporate governance is essential for sustainable development.

1. VALUE ADDITION TO ENTERPISE THROUGH CORPORATE GOVERNANCE Pavan Kumar Vijay Managing Director 29/06/2008

2. What is Corporate Governance???

6. Principles of Corporate Excellence Fairness to all stakeholders Mutual Trust, Transparency and Togetherness Unrestricted Communication and Continuous Feedback Sharing Knowledge, Success Stories and Experience Sharing Happiness and Concerns Helping Each Other – Round the Clock Fairness to all stakeholders Mutual Trust, Transparency and Togetherness Unrestricted Communication and Continuous Feedback Sharing Knowledge, Success Stories and Experience

7. Infact, these principles are the foundation of Best Governed Organizations' irrespective of their form and size

9. Satyam Vada Dharmam Chara - Taittariya Upanishad

22. WINNING EMPLOYEES XCELLENCE GROWING INVESTORS DELIGHTED CUSTOMERS TRUSTED SUPPLIERS SATISFIED GOVERNMENT AND REGULATORS HAPPY SOCIETY

23. The Institute of Company Secretaries of India ” Corporate Governance is the adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility application of best management practices, compliance of law in letter and spirit and for sustainable development of all stakeholders”

29. Environment Civil Society Business Society SUSTAINABLE DEVELOPMENT

34. Vs.

38. Stakeholders in Value Chain SUPPLIERS CUSTOMERS HUMAN RESOURCE Supply Funds, Materials and Services Value Addition and Management of Resources Give Opportunity to Co. to Satisfy their Needs Adequate Returns for Funds, Material and Services Supplied Adequate Salary and Security for leading a Happy Life Best Quality Products and Customer Care at Minimum Prices ROLE OF STAKEHOLDERS EXPECTATIONS OF STAKEHOLDERS Potential Suppliers, Human Resources and Customers Biological, Economic and Cultural Environment PUBLIC PUBLIC EXPECTS PARTNERHIP FOR SUSTAINABLE DEVELOPMENT

39. Corporate Governance Value Chain “ Corporate Governance is not related to investors only, though they are most important Beneficiary.”

40. Stakeholders’ Stake in Corporate Governance Value Chain 2 : 1 Debt – Equity Ratio 2 : 1 Current Ratio

41. What CG Brings…

43. Measurement of Value Addition

44. Benefits As To Value Addition

46. Outstanding Performance, Higher Profits, Expanded Market Reach and the like FAILS to protect a company which has put good governance & ethics at the back burner…. History is Witness S U C E S S D I S A S T E R

47. Secret behind building foundations ..…Only the culture of strict adherence to good compliance can keep a company ahead on sustainable basis , bring in larger profits…

48. Present Status of CG Practices – The CRISIL Experience Practice Status Equitable Treatment of Shareholders Moderate Transparency and Disclosure Relatively strong Composition of Board Scope for improvement Functioning of Board Moderate

49. Value Addition - The CRISIL Experience Stakeholders Status Share Holders High Debt Holders Highest Employees Moderate Customers High Suppliers Scope for improvement Society Scope for improvement