3. Corporate governance is the system of rules, practices, and
processes by
which a firm is directed and controlled. This involves
resolving conflicts of
interest between the various stakeholders and ensuring
that the
organization is managed well
• It entails the areas of environmental awareness, ethical
behavior, corporate
strategy, compensation, and risk management.
• A company's board of directors is the primary force
influencing corporate
governance
4. While the basic principles of corporate governance are
accountability,
transparency, fairness, and responsibility Thus,
• All shareholders should be treated equally and fairly
Organizations should define a code of conduct for
board members and
executives, only appointing new individuals if they
meet that standard.
5. All corporate governance policies and procedures should be transparent
or disclosed to relevant stakeholders.
6. One company that has consistently practiced good corporate
governance is
PepsiCo.
PepsiCo took input from investors to focus on six areas:
• Board composition, diversity, and refreshment, and leadership
structure
• Long-term strategy, corporate purpose, and sustainability issues
• Good governance practices and ethical corporate culture
• Human capital management
• Compensation discussion and analysis
• Shareholder and stakeholder engagement
Therefore, Good corporate governance means that processes of
disclosure and
transparency are followed so as to provide regulators as well as the
general public
with precise and accurate information about the financial, operational
and other
aspects of the company
However, Bad corporate governance can cast doubt on a company's
operations
and its ultimate profitability as in case of Volkswagen AG
7. STATICICAL ANALYSIS
The statistical analysis of the corporate governance
system is aimed to extract some objective information
from national and international data sources. The
basic database for the statistical analysis of corporate
sector is the General State List of Enterprises and
Organizations .
8. These factors are
considered to be important for transition countries-
the following factors:-
• balance of payments, capital inflows and outflows;
• macroeconomic management, primarily for capital
inflows;
• institutional and market evolution, explaining recourse
to financial regulations and controls
on most types of inflows and outflows;
• weak domestic regulatory systems and financial
repression,
• explaining the overall use of capital controls;
• the size and stage of development of the economy
9. Corporate Governance in India
• Corporate governance comes in India in 1956 according to
companies act.
• India has 20 million of share holder, which is one of the
largest emerging market in
term of capitalisation.
corporate governance. • It is formed for the balanced the
power and decision making between
board of director ,executive and share holder in Indian
organisation • According to CII it helps to
protect the investor intrest, especially the small investor,
the promotion of transparency with the
business and industry
10. Subsidary companies 50% of non-executive directors
and ½ or 1/3 independent director
are dependin on whether chair man is executive or non-
executive. •
Whistle blower policy This is the
policy has to communicated to all the employee and
whistle blower should be treatment protected
from unfair treatment .
12. Ensure the directors have the information they need.
Appoint Competent Board Members
Prioritize Risk Management.
Clarify the board’s role in strategy.
Monitor organizational performance.
Understand that the board employs the CEO.
Evaluate board and director performance and pursue
opportunities for improvement.
13. Causes of failure of corporate governance
.LACK OF BOARD EFFECTIVENESS
Ineffective boards suffered from limitations on skills and
competence, as well as on the
nonexecutive directors’ (NED) ability to monitor and
control senior executives effectively.
For
instance, the board director who was responsible for
refining at BP at the time of the Texas City
refinery explosion had no refining experience.
Independent Insurance’s NEDs did not have insurance
industry expertise.
14. 2 BOARDS' RISK BLINDNESS
This is characterised by a board’s failure to engage with
important risks, such as risks to reputation
and “licence to operate”, to the same degree that they
engage with reward and opportunity. For
example, Railtrack’s licence to operate depended on
the UK government, but the company
outsourced track maintenance, despite the fact that
this was one of its core responsibilities to its
customers.
3 POOR LEADERSHIP ON ETHOS AND CULTURE
Double standards were perceived in cases such as
Maclaren’s dealing with its US and UK push-chair
(baby stroller) recalls and Société Générale’s ignoring
breach of trading limits by Jérôme Kerviel.
15. 3. POOR LEADERSHIP ON ETHOS AND CULTURE
Double standards were perceived in cases such as
Maclaren’s dealing with its US and UK push-chair
(baby stroller) recalls and Société Générale’s ignoring
breach of trading limits by Jérôme Kerviel.
4. DEFECTIVE COMMUNICATION
Railtrack and Network Rail did not communicate
effectively with subcontractors. In the EADS Airbus
A380 case, problems of nonmatching aircraft sections
were kept from senior managers for six
months.
16. 5 EXCESSIVE COMPLEXITY
The EADS Airbus A380 project involved immense complexity at the
level of aircraft design,
information technology, procurement, manufacture and assembly, in
addition to the need to
achieve Franco-German political balance between two chief executives.
The merger of BP and
Amoco made BP’s management structure overly complex.
6. INAPPROPRIATE INCENTIVES
BP’s bonus scheme gave little credit for achieving good health and
safety standards.
7. INFORMATION "GLASS CEILING"
This is characterised by an inability on the part of internal audit or risk
management teams to report
on risks originating from higher levels in their organisations’ hierarchy.
For example, red flags raised
by internal compliance over Kerviel’s trading patterns at Société
Générale had no effect.
17. Conclusion
A successful corporate governance can be achieved by
adopting a set of principles that depend upon,
honesty, generosity, justice, and how companies
conduct their affairs. The virtue ethics of generosity,
justice, and honesty are all important in today’s
business due to the challenge’s organizations face with
growing globalization. It doesn’t discern between NGO
and business.
18. ADOUT US [YEF]
Youth empowerment foundation is organization to give
direction these arrows through their
initiatives and programs. Empowering youths to grow,
learn and be the torchbearers for the future is
one of the major impact’s organization aims to achieve.
YEF is a non-profit organization founded in
June 2017 by Mr. Rambabu Sharma.
Inspired by his own life journey, the founder along with his
team has laid a strong foundation to educate the
underprivileged children of the society and hence
bridge the gap between them and the world.
19. As explained by the founder himself in his story,
poverty and education are inextricably linked, because
people living in poverty may stop going to
school, so they can work which leaves them without
literacy that they need for their careers.
Education in all different forms is a key for breaking
the cycle of poverty. It increases food security,
decreases malnutrition, enhances standard of living
and improves gender equality
20. It teaches
children what they can and should expect from adults
and in turn also shows adults the benefits of
respecting their children’s rights.
With the different kinds of training and initiatives
such as hamari
paathshala, Candle making, English learning,
computer learning and training, YEF is providing a
platform that will help these children to grow for
themselves as well as for the society
21. Skills taught
by YEF such as an additional language, or any other
skill help these children to be on their own and
hence be the strongest pillars of the society in every
aspect. It also helps to develop confidence
which in turn adds to their mind development and
mental health.
Being able to look up to
themselves for their careers and being self-dependent
leaves them with a spark that brings out the
best in these children
22. OUR VISION IN ACTION
We have taken initiative for social welfare by the end of
2015.Formally registered under Societies
Registration Act XXI of 1860 in 2017.Centers were opened
to equip our youngsters with knowledge
and skills to make them self-reliant.
Our team visited slums for the counselling and parents.
More
than 100 children/youth enrolled in free education and
skill training programs. Group of
unemployed women also joined and trained under these
programs.
23. ABOUT US
Youths are the arrow to the future – Ifeanyi Erich Onuoha.
Youth empowerment foundation is organization to give direction these arrows through their
initiatives and programs.
Empowering youths to grow, learn and be the torchbearers for the future is
one of the major impact’s organization aims to achieve.
YEF is a non-profit organization founded in
June 2017 by Mr. Rambabu Sharma. Inspired by his own life journey, the founder along with his
team has laid a strong foundation to educate the underprivileged children of the society and hence
bridge the gap between them and the world. As explained by the founder himself in his story,
poverty and education are inextricably linked, because people living in poverty may stop going to
school, so they can work which leaves them without literacy that they need for their careers.
Education in all different forms is a key for breaking the cycle of poverty. It increases food security,
decreases malnutrition, enhances standard of living and improves gender equality. It teaches
children what they can and should expect from adults and in turn also shows adults the benefits of
respecting their children’s rights.
24. With the different kinds of training and initiatives such as
hamari
paathshala, Candle making, English learning, computer
learning and training, YEF is providing a
platform that will help these children to grow for
themselves as well as for the society. Skills taught
by YEF such as an additional language, or any other skill
help these children to be on their own and
hence be the strongest pillars of the society in every aspect.
It also helps to develop confidence
which in turn adds to their mind development and mental
health. Being able to look up to
themselves for their careers and being self-dependent
leaves them with a spark that brings out the
best in these children
25. OUR PLAN
Until we realize our hidden potential, we wait for someone to
come and lift us from our adverse
situation. That help is temporary. What happens when no one is
available? we break. This is the
story of every life that is struggling to survive. We fail to realize
their true potential and left them
there by donating some money and clothes.
They become dependent on help and keep waiting for the next
person. Their life’s stuck at same
place, position and situation. What if, when there is no next
person, they indulge in crime to feed
themselves and their family – Hence we fail.
26. We organize candle making workshop
Humari Paatshala Campaign to provide quality Education
We organize interesting events so as to provide new skills.
Experience To Be Trusted
Our Accomplishments
1,200
+
Beneficiaries Served
18
+
Core Members
500
+
Volunteers
5 +
Projects
27. INTERNSHIP OPPURTUNITIES AT
YEF
Put your heart, mind, and soul into even your smallest acts.
This is the secret of success.”
-Ralph Waldo Emerson
Services
Android Development
YEF App Development interns work on developing and
updating an app for stating it's objectives
and functioning along with perennial efforts to improve it
and increase it's utility for different
stakeholders.
28. Website Developers
Our web developers are an integral part of our team. From
conceptualisation to implementation,
our team of web developers has supported the entire cycle
from designing the website to ensuring
that YEF reaches out to many in the digital space.
Fundraisers
Our development teams objectives is to reach out to the
donners of our organization. They show up
personal interest in each donner and keep them updated
on the happenings of the organization so
we can together raise the money for our mission.
29. Content Writing
The interns here are employed to write quality content on various topics that involve and
assures
the well being if the society at large.We as a team dedicated to create social awareness by
way of
our articles.
Teaching and Volunteering
The interns that work under the teaching and volunteering team of YEF contribute to the
society by
teaching people who are underprivileged and help imparting knowledge. It is a
commendable social
work done by YEF interns.
Social Media and Marketing
YEF team of Marketing interns leverage the social media potential to reach out to youth
for teaching
underprivileged children and to maximise the concept by using their varying skill sets for
the
purpose.
30. Graphic Designing
The interns that work under the graphic designing team of
YEF contribute to the society by teaching
people who are underprivileged and help imparting
knowledge. It is a commendable social work
done by YEF interns.()
Human Resource
We the HRs of YEF are dedicated to employ interns in the
organization. We ensure the availability
and retaining the best talent. At the same time we provide
the interns with advice and instructions
to make sure they give their best.
Internship opportunities at yef
31. *Social media marketing*
Social Media and Marketing YEF team of Marketing
interns leverage the social media potential to
reach out to youth for teaching underprivileged
children and to maximise the concept by using their
varying skill sets for the purpose.
YEF INDIA
32. TOGGLE NAVIGATION
“Volunteers do not necessarily have the time, they just
have a Heart.”
This quote by Elizabeth Andrew perfectly captures the
emotions of a volunteer. If you are just
looking for the right time to do a task, then it’s never
going to happen because the right time is now
itself. Do you have any free time during a week? Recall
that moment when you are sitting on a sofa
comfortably just watching another episode of those TV
series.
But is that what you want to do with
your life? What about all those dreams of bringing a
change in society? Why not try something new
& exciting while helping others?
33. Why not volunteer?
Join Us Now. click here :-https://www.yefindia.org/volunteer/
Volunteering is a fun & easy way to explore your interests, gain
new skills, meet new people & most
importantly give back to the community you live in. It provides
you with a resuscitate sense of
creativity, motivation & vision.
“The heart of a volunteer is never measured in size, but by the
depth of the commitment to make a
difference in the lives of others.
”
-Deann Hollis
34. Here at YEF,
we are devoted to making a better India, an educated India by trying to help all those
who are yet in those dark black tunnels of unawareness.
We try to light lamps of education in the
lives of unprivileged children and youth.
FEEL VALUED & BE PART OF OUR TEAM !
Let's see, what Campus Ambassador is all about?
Roles and responsibilities:
1. Help us to expand our volunteers on campus.
2. Invest and motivate
the best leaders at your college to join the program “ Hamari Pathshala”.
3. Build contact with the
stakeholders of your institution and act as a a point of contact between YEF and your institution.
4.
Work for publicity of YEF on various levels.
5. Help to improve the contents quality on our platform.
6. Work in coordination with the team and being professional all the time
Perks
1. Certificate 2. LOR
35. MILAP LINK
*Help Us Donate 5 Lac Sanitary Pads & Help Needy in
Medical Emergency*
During this pandemic we have distributed more than 1500
daily wage earners and their families by
distributing food & groceries.
While working on ground we have realized situation of
women residing and slum. Due to lac of
awareness and poor financial situation they use many
harmful traditional ways for their personal
hygiene
36. Sanitary Pads is a very essential need and poor women
are neither able to get or nor afford
them. It puts their health and dignity both at huge
risk. Please do contribute and share the campaign
Read more –
https://milaap.org/fundraisers/support-
sindhujayef?utm_source=whatsapp&utm_medium=fu
ndraisers-title&mlp_referrer_id=4677476
To pay via Paytm (for Android users only) -
https://milaap.org/fundraisers/support-
sindhujayef/deeplink?deeplink_type=paytm