Год выпуска: 2014 Автор: Supreena Narayanan Издательство: LAP Lambert Academic Publishing Страниц: 88 ISBN: 9783659639098
Описание
The objectives of this study are: a)To examine some of the major misdemeanors which perpetuated in the financial system in 1991 and 2001 in India.b)Understand the financial regulatory measures which have been adopted after the 1991 share scam in India and why despite such measures adopted a security scam has recurred in 2001.c)Examine the theoretical structure of corporate governance for analyzing security scams that have occurred in the 1990s and the new millennium.While liberalization has led to substantial benefits in terms of increased transparency, it has ushered in opportunities of corporate misgovernance.This implies that the mechanism by which legal institutions ensure that suppliers of funds receive the return on investment is not sufficient or appropriate. Recent trends through the 1990s in India and abroad reveal how corporate governance has not been completely effective permitting unscrupulous and opportunistic individuals to manipulate the market in their favor. The...
