Corporate Governance — DU B.Com. (Hons.) Previous Year Question Papers

1. (a) "Corporate Governance is not merely about compliance, but also about building trust and accountability." Discuss this statement in the light of the meaning, significance and principles of corporate governance. (9) (b) "The Anglo- Saxon Model emphasizes shareholder wealth maximization, whereas the Japanese model focusses more on stakeholder interests." Do you agree? Compare and contrast these two models of corporate governance. (9) (a) "A corporation should serve the interests of all stakeholders and not merely its shareholders." Analyse this statement in the context of Stakeholder Theory and Shareholder Theory of corporate governance. (9) 2. (a) "Shareholders activism acts as an important mechanism for ensuring managerial accountability." Discuss. (b) Discuss the philosophical foundations of Trusteeship model of CSR as propounded by Gandhiji. Do you think that this model is still relevant for • (9) (a) "Whistle-blowing promotes transparency and ethical conduct within organisations, yet whistle-blowers often face serious professional and personal risks." In the light of this statement, discuss the regulations relating to whistle-blowing and protection of whistle-blowers in India. (9) (a) , "The WorldCom scandal exposed serious failures in corporate governance and ethical accounting practices". Discuss. (b) What are the key recommendations of the Cadbury Committee, as contained (9) in the 'Code of Best Practices'? (a) "The Vivendi crisis reflected the risks of aggressive expansion and poor financial governance." Elucidate. (9) (b) Explain the key provisions of the Sarbanes-Oxley Act (SOX), 2002. How did it seek to restore investor confidence after corporate scandals in the 4. (a) Write in brief provisions relating to (i) Audit Committee and (ii) Nomination and Remuneration Committee as contained in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (9) (b) Discuss any six provisions in Companies Act, 2013 that aim to improve corporate governance standards in India. (9) (a) Write provisions relating to Independent Directors as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (9) (b) What are the key recommendations of Narayana Murthy Committee in promoting transparency and accountability in companies in India? (9) 5. (a) "The Satyam scandal is often described as India's Enron." Discuss the major corporate governance failures responsible for the collapse of Satyam (b) "The ICICI Bank controversy raised important corporate governance issues in the banking sector." Discuss. (9) (a) "Corporate governance failures in financial institutions can weaken public trust in the entire banking system." Discuss with reference to PNB scam. (9) (b) Analyse the major issues of corporate governance responsible for the IF&LS Group crisis. (9)