Public Enterprises and Corporate Governance

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

Course Objective : The paper attempts to apprise about Public Enterprises and its issue areas, the role of state in regulation and promotion of economic activities.

Learning Outcomes:                 

·         Compare the features, merits and demerits of different forms of public enterprises

·         Evaluate the role of public sector in Indian economy

·         Explain the elements of new government policy on public sector.

·         Conceptual Clarity of Corporate Governance.

Analyze company’s Corporate Governance system

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: 
  • 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.
  • 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: 
2020-21
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