CfP: National Conference on Role of National & International Policies in Corporate Governance, by SOL, Sushant University [Aug 27]: Submit by Aug 15

12 Jun 2021

Categories: Conferences & Seminars

About School of Law, Sushant University

School of Law, Sushant University has been ranked no 3 amongst the top Law Schools by State and ranked 8th in top Outstanding Law Schools of Excellence in CSR-GHRDC Law Schools Survey 2020. The School has been conferred numerous awards for academic excellence for five consecutive years making it an ace law college in the millennial city Gurgaon. Recognized as the ‘Emerging Law School of the Year-2018’ by Legal Desire, ranked as one of the top promising law schools 2018 and No.1 Rank in the category of Promising Law School by GHRDC (Global Human Resource Development Centre) in 2017, recognized as the ‘Emerging Law School of the Year-2016’ by INBA. It is a top- notch institution with outstanding credentials committed to the cause of excellence in legal education in Delhi/NCR.

About Centre for Corporate Legal Research and Training

The promoting body of the School of Law, Sushant University has a vision and mission to build and continuously nurture a self-financed institution with excellence in education, research, development, consultancy and extension of internationally recognized standards. This institution serves as an intellectual resource base for the development of professional human capital bridging the gap between academics and real life to meet the professional challenges of the millennium. The Centre for Corporate Legal, Research and Training (CCLRT) is an endeavor to provide a professional platform and outbound exposure to the students to excel in the field of corporate laws.

Conference Overview

Corporate governance is the mechanisms, processes and relations by which corporations are controlled and directed. Governance structures and principles identify the distribution of rights and responsibilities among different participants in the corporation and include the rules and procedures for making decisions in corporate affairs.
The concept of Corporate Governance took roots in countries like the US and UK and have subsequently spread to other countries. After 1990, the transition from central planning to market driven economies, particularly the privatization of state-owned companies, and the need to provide governance rules for the emerging private sector, brought the issue of corporate governance to the centre stage. As a fall out of the 1997 economic and financial crisis, Asian countries too became keenly interested in the issue of corporate governance. The OECD took early initiatives to address governance issues. Since the mid-1990s, at international level, various corporate governance reports, guidelines and regulations have come into existence.

In India, a small initiative was taken by the Confederation of Indian Industry (CII) in the field of good corporate governance. Thereafter, various committees have been constituted to give recommendations in this regard. All these efforts focused the attention of the Indian corporate sector, on the imperative need to evolve new norms of governance to sustain and develop Indian industries on healthy lines and to constitute the corporate boards in such a manner that they manage the affairs of the corporate body with better accountability to shareholders and achieve transparency of operations with disclosure of both financial and non-financial data through annual and other periodical reports.