PUBLIC ENTERPRISES AND CORPORATE GOVERNANCE

Paper Code: 
PAD 223
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Objective :

  • To create in-depth understanding of Public Enterprises and its issue areas, the role of state in regulation and promotion of economic activities.
  •  To create an understanding of the growth models of Public Sector Enterprises of India and their contributions to the economy.

Course Outcomes (COs):

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

 
 

CO 41.Compare the features, merits and demerits of different forms of public enterprises

CO. 42. Evaluate the role of public sector in Indian economy

CO.43 Explain the elements of new government policy on public sector

CO 44. Conceptual Clarity of Corporate Governance

CO. 45 Analyse company’s Corporate Governance system

 

Class Lectures

students-teacher interactions, group discussion, quiz, seminar and assignment

Self learning assignments, question preparation

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

 

 

 

12.00

Public Enterprise: Concept, Characteristics, Significance; Evolution of Public Enterprises; Forms of Public Enterprises; Department of Public Enterprise: Functions and Role, Public Enterprises in India: Philosophy, Objective and Performance, their Contribution to the Economy

10.00

Accountability and Control—Techniques of Legislation and Ministerial Control, Personnel Management: Recruitment, Training, Promotion and Remuneration; Financial Management of Public Enterprises; Audit

12.00

Issue Areas in Public Enterprises: Accountability and Autonomy; Memorandum of Understanding (MOU); Privatization & Disinvestment; Concept of Navaratna; Mergers & Acquisitions; Various Theories of Pricing Policy; Profitability & Performance.

 

 

12.00

Impact of Economic Reforms, Disinvestment: Objectives, Methods and Assessment Policy, Towards Sick Units, Privatization, Theory, Objectives, Methods, Post Privatization Regulation Policy

 

14.00

Role of State: Regulatory and Promotional, IFCI, IDBI, SIDBI SEBI—Role and Functions, Concurrent Jurisdiction of the Union and States in Economic Administration.

Corporate Governance: Meaning, Objectives & Principles; Models of Corporate Governance, Board of Directors, Corporate Social Responsibility

Essential Readings: 

Essential Readings:

·            Prasad, Jagdish , Rao, Nageshwar and others - Administration of Public Enterprises in India.

·            Shastri, K.S., Dhameja nand - Public Enterprises, Performance Evaluation of Public Enterprices.

·            Singh, S.K. - Public Sector in India

·            Khusro, A.M. and Others - Industrial Policy

·            Lal, Bhure and Ram ,Raja - Controlling Pubvlic Sector Sickness

·            Narayan, Satya - CAG - Public Enterprises Interface

·            Robson, W.A. - Problems of Nationalised Industry

·            Hanson, A.H. - Public Enterprises and Economic Development

·            Khera, S.S. - Government in Business

Appleby, P.H. - Re-examination of India’s Administrative System with Special     Reference to Administration of Governments, Industrial and Commercial Enterprises

References: 

Suggested Readings

·            Rao, D.K. Prahalada, Corportate Governance

·            Shah, R. Chunni Bai, Corporate Governance

·            Medury, Uma, Corporate Governance Framework

·            Masami, Atarasi, Corporate Governance

·            Kumar, Basant, Non-Executive Directors in Indian Corporate Governance.

·            Sarkar & Sarkar, Corporate Governance in India.

                  Yadav & Khatri, Corporate Governance

Academic Session: