2. Management Discussion and Analysis -
MD&A
A section of a company's annual report in which management
discusses numerous aspects of the company, both past and
present. Management will usually also touch on the upcoming
year, outlining future goals and approaches to new projects. This
section is unaudited.
Company: Ashok Leyland
1. Market trends(Economy – India, Commercial vehicle industry)
2. Ashok Leyland – The year (2013-14) in brief
3. Risk Management
4. Internal Control Systems and their Adequacy
5. Information on Security and IPR protection initiatives
6. Financial Review(Revenues, Costs, Capital Employed,
Profitability)
7. The Year Ahead/Outlook
3. Corporate Governance
The system of rules, practices and processes by which a company is
directed and controlled. Corporate governance essentially involves
balancing the interests of the many stakeholders in a company - these
include its shareholders, management, customers, suppliers, financiers,
government and the community.
Company: Ashok Leyland
1. Philosophy on Corporate Governance
2. Board of Directors
3. Audit Committee
4. Risk Management Committee
5. Nomination and Compensation Committee
6. Shareholders/Investors Grievance Committee
7. General Body Meetings
8. Disclosures
9. Means of Communication
10. General shareholder information
4. Clause 49
As per Clause 49, for a company with an Executive Chairman, at
least 50 per cent of the board should comprise independent
directors. In the case of a company with a non-executive
Chairman, at least one-third of the board should be independent
directors. Company: Ashok Leyland
5. CSR
CSR referring to way that businesses are managed to bring about
an overall positive impact on the communities, cultures, societies
and environments in which they operate. The fundamentals of
CSR rest on the fact that not only public policy but even
corporates should be responsible enough to address social issues.
Company: Ashok Leyland
1. Green Mission(Waste Treatment, Wind Energy)
2. AIDS Awareness