This compact and concise text, now in its second edition, gives a clear analysis of the principles and practices of corporate governance - the corporate governance practices prevalent in India as well as in other industrialized countries around the globe. Starting with the introduction of corporate governance, the book moves on to explain the evolution of corporate governance system. It gives a detailed description of the principles, philosophy, structure and the process of corporate governance. The text also contains sample study analyses of some listed Indian companies under BSE Sensex and NSE Nifty. Thoroughly revised and updated, this new edition presents coverage of corporate social responsibility and environmental issues. Besides, it provides updated recommendations of various national committees on corporate governance reforms as well as includes three new appendices relevant to the subject. This title gives a road map for Indian companies to achieve international standards of corporate governance. It provides an explorative and evaluative study on the standards and practices of corporate governance in India. It supplies figures and tables to have a better understanding of the concept discussed. Primarily intended for the students of management, law and commerce, the book can also be used by professionals, regulatory authorities and policy-makers.

Divided into seven sections, the book explains various approaches and design of management control system. It moves on with a detailed description of key success variables as control indicators, and explains goals, strategies and organization for adaptive control, divisional autonomy and responsibility. While describing the management tools and processes, the book explains in detail, the strategic planning and programming processes, budgeting and budgetary control, standard costing and variance analysis, transfer pricing, reward system and management control of operations. The text also contains various aspects of strategic cost management, cost analysis for managerial decision-making and control actions. It also explains how auditing can be used by the management in its various departments and subsidiaries as a tool of control system. The book concludes with the discussion on current issues and their relationship with management control system. Primarily intended for the postgraduate students of management, the book can be equally beneficial for the commerce students, researchers, accounts professionals, and corporate policy and decision-makers. KEY FEATURES : Contains glossary of terms to explain the core concepts. Appendices at the back of the book enclosing related tables and figures of the topics discussed. Illustrative examples in between the sections to help in analytical understanding of the subject.