388 Corporate Governance: An International Review‚ 2009‚ 17(3): 388–404 Convergence of Corporate Governance: Critical Review and Future Directions Toru Yoshikawa* and Abdul A. Rasheed ABSTRACT Manuscript Type: Review Research Question/Issue: Convergence in corporate governance across countries has been a subject of interest and controversy in a variety of disciplines. We attempt to address a number of related research questions: (1) what constitutes convergence? (2) what are the drivers that
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Wipro Azim Premji Profile Born: July 24‚ 1945 Achievements: Chairman of Wipro Technologies; Richest Indian for the past several years; Honored with Padma Bhushan in 2005. Azim Premji is Chairman of Wipro Technologies‚ one of the largest software companies in India. He is an icon among Indian businessmen and his success story is a source of inspiration to a number of budding entrepreneurs. Born on July 24‚ 1945‚ Azim Hashim Premji was studying Electrical Engineering from Stanford University
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SOCIAL RESPONSIBILITY OF PRIVATE SECTOR IN CONTEXT TO INDIA Introduction: the terminology of social responsibility What constitutes the “social responsibility” (SR) of enterprises and other organizations is difficult to define. The ISO Strategic Advisory Group on Social Responsibility (SAG) recognizes that there is no single authoritative definition of the term “corporate/organizational social responsibility‚” and does not seek to provide one. However‚ it notes that most definitions emphasize
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An Empirical Analysis of the Volatile Stock Behavior at the event of Dividend Announcement: Evidence from Indian Capital Market (National Stock Exchange of India) ABSTRACT This paper analyses the impact of dividend announcement on company stock returns for 25 companies listed in five different indices on National Stock Exchange (NSE) i.e. Indian Capital Market. The study has been conducted with the help of event study methodology for a window of 31 days in total. The study gives a comparative
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ETHICAL PRACTICES FOR INDIAN BUSINESSES: THE STRATEGY TO ACHIEVE GLOBAL SUCCESS Abstract: Business ethics is not codified but yet literature’s on the subject matter has developed to extent that it has made its identity visible in corporate world and business at large. With the rapid pace globalization is gaining momentum it is must for organizations operating all over the world to adopt ethics in trade. Since‚ the ethical practices are culture specific‚ the Indian business ethics practice is
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Introduction The literature survey has provided a base for the study and given an overview of the areas where the research could be done. It has also provided me with the relevant facts. Objective of the study: Study of loyalty programs of Shoppers Stop and Pantaloons. • Are these programs really effective in enhancing the customer experience. • How much profitable does the loyalty programs prove to be‚ for a customer centric apparel retailer. Most customers hold several loyalty cards
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Anand Mahindra * Passionate innovator * I call myself a “right brained person.” * The whole feeling in this company has been one of trusteeship. * Innovators are non-conformists. Innovators and entrepreneurs are those who have immense confidence in their capabilities. * If educated properly‚ Indians are second to none in the world. * I worry when times are good. * It’s never only about the money‚ it can’t be. Otherwise I don’t think you can get outstanding results.
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2013 Said NR Narayana Murthy‚ Chairman‚ Infosys: “Our assets walk out of the door each evening. We have to make sure that they come back the next morning. Performance leads to recognition. Recognition brings respect. Respect enhances power. Humility and grace in one’s moments of power enhance dignity of an organization. Progress is often equal to the difference between mind and mindset. I want Infosys to be a place where people of different genders‚ nationalities‚ races
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Futuristic HR practices to enhance organisational effectiveness Does an organization really need a person working as a HR manager??? The answer lies in the past times when the HR work was done by line managers‚ staff etc. At that time there were no specific HR people and then finally when the organization started to grow in hierarchy and thus realised that HR department is the most required people in an organization. Then came the phase for them to be more dynamic as the environment was changing
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Aiming at retention of talent Think Google‚ Infosys or Tata Sons. Great brands. Great places to work. And it’s largely word-of-mouth publicity by employees themselves that make these organisations highly coveted by job seekers across the country. That’s called employment branding (e-branding)-- positioning a company as a ‘great place to work for’ by using a well-crafted messaging strategy backed by consequential and relevant employee-oriented initiatives. In an era where organisations are falling
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