Competition Law- Effective Tool for Good Corporate Governance in India

13357 Words Feb 23rd, 2013 54 Pages
COMPETITION LAW
EFFECTIVE TOOL FOR GOOD CORPORATE GOVERNANCE IN INDIA

Submitted to Prof. I. Sridhar Legal Aspects of Business IIM Indore

By Vinod Kumar 2012FPM20 Section F IIM INDORE

TABLE OF CONTENTS
CONTENTS PAGE NO.

A. Introduction 1. Introduction...............................................................................................3 B. Analysis 2. Analysis of property rights in the case of tangibles................................4 3. Common features of Intellectual property rights...................................6 4. Common features of Intellectual property rights..................................12 5. The extension of property rights to new objects....................................15 C. Existing systems 6.
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It can build new unique competencies distinctive from its competitors and can yield good reputation and credibility for the enterprise.
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2. Conceptual Discussion:
a) Corporate Governance:
The word ‘Corporate’ is associated by legal enactment for the transaction of a business. Similarly, the word ‘Governance’ means exercise of Authority, Direction or Control. Thus, the concept of ‘Corporate Governance’ is the system by which the management of a business entity directs and controls the activities in the best interest of the stakeholder. Corporate Governance refers to the way a corporation is governed. It is the technique by which companies are directed and managed. It is all about balancing individual and societal goals, as well as, economic and social goals. It includes both social and institutional aspects. Corporate Governance encourages a trustworthy, moral, as well as ethical environment. Corporate Governance has competing definitions, but in Margaret Blair’s estimation encompasses the “the whole set of legal, cultural and institutional arrangements that determine what publicly traded corporations can do, who controls them, how that control is exercised,

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