Question
SEBI has formed a committee on Corporate Governance
under the chairmanship of UdayKotak. From the below mentioned statements what is correct about Corporate Governance? (i)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Corporate governance related to taking care the interests of shareholders, management, customers, suppliers, financiers, government and the community. (ii)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â It involves Independence of Independent Directors and their active participation in the decision making. (iii)Â Â Â Â Â Â Â Â Â Â Â Â Â Â It relates to transparency and disclosure of financial and non-financial of all material transactions to the investors (iv)Â Â Â Â Â Â Â Â Â Â Â Â Â It is related to the effectiveness of the boardÂSolution
SEBI’s new norms provide for stricter disclosures and protection of investor rights including equitable treatment for minority and foreign shareholders.
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