Posts Tagged ‘STUDY’
CORPORATE GOVERNANCE-A COMPARATIVE STUDY OF SELECT PUBLIC SECTOR AND PRIVATE SECTOR COMPANIES IN INDIA
CORPORATE GOVERNANCE-A COMPARATIVE STUDY OF SELECT PUBLIC SECTOR AND PRIVATE SECTOR COMPANIES IN INDIA
BY
Dr.V.V.S.K.PRASAD.,Professor
&
T. VENKATESWARA RAO., Asst.Professor
BACKGROUND
Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation is directed, administered or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. The principal stakeholders are the shareholders, management, and the board of directors. Other stakeholders include labor(employees), customers, creditors (e.g., banks, bond holders), suppliers, regulators, and the community at large.
Corporate governance is a multi-faceted subject. An important theme of corporate governance is to ensure the accountability of certain individuals in an organization through mechanisms that try to reduce or eliminate the principal-agent problem. A related but separate thread of discussions focuses on the impact of a corporate governance system in economic efficiency, with a strong emphasis shareholders’ welfare. There are yet other aspects to the corporate governance subject, such as the stakeholder view and the corporate governance models around the world (see section 9 below).
It is a system of structuring, operating and controlling a company with a view to achieve long term strategic goals to satisfy shareholders, creditors, employees, customers and suppliers, and complying with the legal and regulatory requirements, apart from meeting environmental and local community needs.
Government Student Loans?bear Up the Cost of Study
An educationist has said, “Education is a progressive discovery of our ignorance. Statistics show time and time again that gaining a university degree is the single most important factor in improving your career opportunities. Government Student Loans are one of the best value financial products available at really low rates of interest which are making it possible for so many more people to go to university.
Government student loans, available through authorities, mean that no-one has to have the cash up front for their tuition fees and there is means tested support, and loans available for the living costs involved in attending university. With the government student loans, every sector of students is taken into consideration. Whether it may concern to their tuition fees every year, accommodation expenses every week, living cost each year, books and course material each year, traveling cost, or internet accessing for study each year, the government student loans contain the required sum for optimal of its usages.
As far as the repayment of government student loans is concerned, the authority offers an extendable time period which students find quite helpful on repaying. Though the interest paid by the student under the government student loans sanctioned remains kept under dog, yet the authority is generous enough to grant grace to the student-borrowers.
No matter of students’ financial status, government student loans are offered without keeping any sort of distinction. If an individual having any kind of adverse credit history, he too can be beneficiary under government student loans.