IICA & OP Jindal Global University Jointly Present Two Day Faculty Development Program on Corporate Governance 24 - 25 March, 2015 PROPOSED SESSION PLAN The system of rules, practices and processes by which a company is directed and controlled, Corporate Governance involves balancing the interests of the many stakeholders in a company - these include its shareholders, management, customers, suppliers, financiers, government and the community. THEMATIC AREA OF TRAINING About the Program: Corporate governance practices are evolving in response to the recent global financial crisis and a spate of corporate frauds in the recent years. In India, the Companies Act 2013 has put corporate governance at the centerstage of business. In the 21st century, it is only the corporations which move beyond compliance and adopt responsible business practices that will sustain and succeed. Such corporations constantly innovate upon corporate governance codes to match regulator and stakeholder expectations. This Programme will aid academicians and practitioners in making an effective transition to the new legislative era, as the Companies Act 2013 has taken India into a new regime of corporate governance with redefined roles and widened accountability of the members of the board. It will also have a multiplier effect in spreading knowledge of corporate governance in the country as the trained faculty will train others. w Introduction to Corporate Governance: Concerns and Challenges w Board Composition and Role of the Board w Leadership and Strategy w Independent Directors and Board Effectiveness w Enterprise Risk Management w Board Governance & Evaluation w Board Committees w Corporate Governance and the Companies Act 2013 w Stakeholder Management and Corporate Social Responsibility Target Participants: Academicians and Practitioners/Trainers will find the program most useful. Venue: O.P. Jindal Global University, New Delhi City Campus, G-5 Anand Niketan, New Delhi – 110021. Participation Fees: Faculty - INR 4000 + taxes per participant Practitioners - INR 7000 + taxes per participant The cost covers charges for two days intensive program, course kit, lunch and tea. *Participation fee is non-refundable. 1 About Indian Institute of Corporate Affairs (IICA) The Indian Institute of Corporate Affairs (IICA), is a think tank conceived and established by the Ministry of Corporate Affairs (MCA), Government of India that provides specialized and customized training in order to build capabilities in all the facets of corporate affairs among faculty/trainers, corporate executives and regulators. It serves as an action research, service delivery and capacity building institute for all corporate entities to deliver their best towards all spheres of their function. About O.P. Jindal Global University (JGU) The vision of JGU is to promote global courses, global programmes, global curriculum, global research, global collaborations, and global interaction through a global faculty. JGU is situated on an 80-acre state-of-the-art residential campus in the National Capital Region of Delhi. JGU maintains a 1:15 faculty-student ratio and appoints faculty members with outstanding academic qualifications and experience from different parts of the world. JGU has established five schools: Jindal Global Law School, Jindal Global Business School, Jindal School of International Affairs, Jindal School of Government and Public Policy and Jindal School of Liberal Arts and Humanities. The University has collaborations with leading global educational institutions like Harvard University, Yale University, University of Michigan, Indiana University, Cornell University, University of California-Berkeley and Davis, and Cambridge University among others. JGU is a non-profit global university established by the Haryana Private Universities (Second Amendment) Act, 2009. JGU was established in the memory of Mr. O.P. Jindal and as a philanthropic initiative of Mr. Naveen Jindal, the Founding Chancellor. The University Grants Commission has accorded its recognition to O.P. Jindal Global University. IICA provides guidance to entrepreneurs and businesses, with weighted inputs from their internal research and the numerous expert panels on board to address various aspects of corporate management expertise which is a requirement for private as well as state owned enterprises. It covers a wide range of issues involving organization, raising & management of capital, operating procedures and production resources - all brought together for productive economic purposes through responsible corporate governance. The IICA, through its various schools and centers addresses this need through several programmes and courses. IICA research wing strives to deliver high quality world class research to create and nurture a rich research ecosystem based on specific industry needs analysis. Set up as the premier organization for cutting edge intellectual leadership in corporate regulation, governance and running sustainable businesses, the IICA also aims to build capacity through a network of schools and centres. 2 About School of Corporate Governance and Public Policy, IICA The SCGPP has been set up with a vision to provide knowledge and expertise to meet the challenges of inclusive and sustainable corporate operation and growth. The School has to its credit a National Research Workshop which provides an opportunity for exchange of ideas and new perspectives in the realm of corporate governance and has initiated the first edited volume on corporate governance. The School assumes another significant role as a trainer and capacity builder and has already trained many corporate professionals covering both public and private corporations in the finer aspects of board functioning and the role of directors. The School has entered into national and international collaborations to further its agenda of promoting good corporate governance in India. Its national partners include Thomson Reuters (India), CII, Indian School of Business & Yes Bank. Its international partners includes Institute of Directors (UK) & International Finance Corporation (of the World Bank Group). In order to facilitate improving corporate governance standards in India, SCGPP (IICA) has joined hands with IoD, UK for launching of the certification “IoD International Certificate in Company Direction: Delivered in India exclusively with IICA” for directors/senior executives/ entrepreneurs. About Jindal Global Business School (JGBS) JGBS, established in 2010, has a vision of imparting global business education to uniquely equip students, managers and professionals with necessary knowledge, acumen and skills so as to enable them to effectively tackle the challenges faced by transnational businesses and industries. JGBS offers a multidisciplinary global business education to foster academic excellence, industry partnerships and global collaborations. JGBS faculty is engaged in research on current issues. These include Applied Finance, Business Policy, Business Manag ement, Consumer Behaviour, Leadership, Supply Chain, Quantitative Methods and Information Systems. JGBS has established international collaborations for providing global business education with the Naveen Jindal School of Management, University of Texas at Dallas, Kelley School of Business, Indiana University and Carleton University in Canada. 3 Patrons of the Program: Dr Bhaskar Chatterjee Director General, Indian Institute of Corporate Affairs 2006-08, he was associated with the complete overhaul of the National Rehabilitation and Resettlement Policy of India. He made significant contributions to higher education as Member Secretary of the Indian Council of Social Science Research (2001-2004) and to the advancement of Literacy as Director General of the National Literacy Mission (1995-2000). Dr. Bhaskar Chatter jee is presently the Director General of the Indian Institute of Corporate Affairs (IICA) established by the Ministry of Corporate Affairs, Government of India. Previously he was Secretary in the Department of Public Enterprises and Principal Adviser in the Planning Commission. He was a part of the team responsible for shaping India's response to the global economic crisis of 2009. As Additional Secretary, Ministry of Rural Development, in Dr Chatterjee is a management practitioner, theorist and teacher. He has written and lectured over many years on issues of motivation and team building. His book, 'Leadership India – Leading Change, Changing Lives', was released at the World HRD Congress in February, 2011 and has been widely acclaimed. His latest book, published in 2013 is titled 'Sustainable Futures: Imperatives for Managing the Social Agenda.’ Dr C. Raj Kumar Professor & Vice Chancellor, O. P. Jindal Global University human rights and development, terrorism and national security, corruption and governance, law and disaster management, comparative constitutional law, legal education and higher education. He has over hundred and twenty five publications to his credit and has published widely in peer reviewed journals and law reviews in Australia, Hong Kong, India, Japan and USA. Professor C. Raj Kumar was appointed as the Founding Vice Chancellor of O. P. Jindal Global University (JGU) at the age of 34 in 2009. He has academic qualifications from the University of Oxford, Harvard University, University of Hong Kong, University of Delhi and Loyola College. Professor Kumar is also a Member of the National Legal Knowledge Council (NLKC). He was a faculty member at the School of Law of City University of Hong Kong, where he taught for many years. He was a Rhodes Scholar at the University of Oxford, UK, where he obtained his Bachelor of Civil Law (B.C.L.) degree; a Landon Gammon Fellow at the Harvard Law School, USA, where he obtained his Master of Laws (LL.M.) degree and a James Souverine Gallo Memorial Scholar at the Harvard University. He was awarded the Doctor of Legal Science (S.J.D.) by the University of Hong Kong. He also obtained a Bachelor of Laws (LL.B.) degree from the University of Delhi, India; and a Bachelor of Commerce (B.Com.) degree from the Loyola College of the University of Madras, India. Professor Kumar has held consultancy assignments in the field of human rights and governance. He has been a Consultant to the United Nations University (UNU), Tokyo; United Nations Development Programme (UNDP); UN Office of the High Commissioner of Human Rights, Geneva; and the International Council for Human Rights Policy (ICHRP), Geneva. He has advised the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) in Sri Lanka and the National Human Rights Commission (NHRC) in India on issues relating to corruption and good governance. Professor Kumar is an Attorney at Law and is admitted to the Bar Council of Delhi, India and the Bar of the State of New York, USA. Professor Kumar's areas of specialisation include, 4 Faculty Professor Asish K Bhattacharyya (Head, SCGPP, IICA) Ahmedabad) . He is a certified management teacher from UGC. He is also a Certified Trainer from Securities Exchange Board of India and Bombay Stock Exchange Institute for conducting Financial Education and Literacy program on pan India basis. Prof. Asish K Bhattacharyya is heading the School of Corporate Governance and Public Policy of the Indian Institute of Corporate affairs since September 2012. He advises the Institute of Cost Accountants of India on new initiatives. He also advises KPMG on accounting, auditing and company law matters. Dr. Gupta is an ICSSR Research Fellow and had been Visiting Professor to many European Universities and Research Institutes like Foundation Maison Des Sciences Paris, University of Rouan, FRANCE , University of Lu Havre FRANCE , Asian Institute of Technology, Bangkok, Singapore Management University, Singapore and University of Budapest, Hungary to name a few. He had established the Centre for Corporate Governance in the Indian Institute of Management Calcutta (IIMC) and headed it for seven years. He worked as a Professor in IIMC for eleven years. Earlier he held the position of Professor in S.P. Jain Institute of Management and Research (Mumbai) and Technical Director in the Institute of Chartered Accountants of India. He worked in industry for twenty years before shifting to academia in 1993. He is presently working on a European Union Project and an Advisor to Ministry of Textiles (cluster development program) along with many National & Multinational Companies. Dr Garima Dadhich (Assistant Professor, SCGPP, IICA) Dr. Garima Dadhich is Assistant Professor, School of Corporate Governance & Public Policy, Indian Institute of Corporate Affairs. She has also worked as Assistant Professor of Law at National Law University Jodhpur for five years and has conducted various conferences, seminars and conclaves. She is a university topper in B.Com. (Final) Examination. She completed LLB from ILS Law College, Pune. She also practiced as an Associate Advocate before the High Court of Judicature in Jaipur, dealing mainly in the matters related to banking and corporate laws. She then pursued her Masters programme in Commercial and Corporate Laws from Queen Mary University of London, London and qualified 'LLM degree' with Merit. She has obtained an “International Legal English Certificate” from University of Cambridge. She has obtained Ph.D from National Law University Jodpur. Her doctoral research concentrates on Corporate Governance. She also worked with Morgan Walker & M.B. Law Ltd. London. He has more than a decade of Board level experience as an independent director. Currently he holds the position of independent director in three companies. He is a regular columnist with the Business Standard. He has authored six books and large number of articles. Prof. Bhattacharyya obtained his doctoral degree from the University of Allahabad. He is a Fellow of the Institute of Chartered Accountants of India and a Fellow of the Institute of Cost Accountants of India. He is an Associate member of the Chartered Institute of Management Accountants (UK). Dr Niraj Gupta (Associate Professor, SCGPP, IICA) Dr. Niraj Gupta is Associate Professor, School of Corporate Governance & Public Policy, Indian Institute of Corporate Affairs. He is having about 20+ years of Research, Teaching & Consulting Experience. He is a Ph.D in Management with MBA, M.com and Post Graduate Diploma in Financial Management & FDP (IIM 5 Garima has published research papers in referred academic journals and presented paper in several national and international conferences, seminars and academic workshops. At IICA, She has conducted various Reorientation Programmes for Directors/Independent Directors for improving board effectiveness. Her current areas of interest are Corporate Governance and Business Laws. firms such as Economic Laws Practice, FoxMandal Little and Desai & Diwanji. As a corporate lawyer, Mr Majumdar was advising large corporate houses and PSUs on matters relating to mergers and acquisitions, capital markets, foreign investments into India, joint ventures and private equity. He has structured and handled transactions and deals involving share purchases, investments, takeovers, IPOs, FCCBs, GDRs, has undertaken due diligence exercises, drafting, vetting and negotiation of transaction and offer documents and has provided interpretative opinions on Indian commercial law. In addition, he has considerable experience in advising companies in sectors such as telecom, real estate, renewable energy and infrastr ucture. He holds B.A./B.Sc LL.B. from NUJSKolkata) and a LL.M. from Tulane University, USA Prof Ravi Agarwal (Vice-Dean, Academic Affairs, JGBS) Dr. Ravi Agarwal is a Professor of Finance and Accounting and Vice Dean (Academic Affairs), Jindal Global Business School. Prof Agarwal holds a Bachelor's and Master's Degree in Finance and Accounts from St. John's College, Agra. He is a Fellow of the Institute of Chartered Accountants of India and an Associate of the Institute of Cost Accountants of India. He has more than 20 years' experience of teaching, training, research and consulting in his areas of specialization. He has been actively involved in designing and conducting executive training programmes on financial risk management, corporate finance, strategic cost management, financial modeling, and financial accounting. He has trained senior and middle level executives from Indian Army, Indian Oil Corporation, NTPC, Food Corporation of India, HUDCO, public sector banks, UTI Asset Management, Defense organizations, ministries and number of private sector organizations. He has a number of research papers to his credit. His areas of interest are corporate finance, managerial accounting, and corporate valuation. Presently he is working on a book on case studies in finance. Shounak Roy Chowdhury Director - Center for Entrepreneurship at O.P. Jindal Global University Dr Chowdhury is a teacher, scholar and administrator. He is currently working with Jindal Global Business School (JGBS) after completing his Ph.D. from IIM-Ahmedabad. Today, he is proud to say that he has nurtured JGBS to not just become the next IIM or ISB; but in its own way, something even better. The advantages of not taking the 'beaten track' have been multi-fold. He has found connections that are essential for undertaking relevant research, while it gave him the perspective to see the 'real problem' not just the ones taught in text books. He has been Honorary Advisory and MemberExpert Panel, Institute of Corporate Sustainability Management from 2013 – 2014. His role with ICSM has been with respect to building know-how on Corporate Social Responsibility (CSR) and facilitating the functioning of the proposed Parliamentary Forum on CSR. In addition, his advise on various facets of institutional building, based on his experience, has been invaluable. Arjya B. Majumdar (Assistant Professor, Assistant DeanAcademic Affairs, Assistant Director, Centre for Global Corporate and Financial Law and Policy, JGBS) Dr. Majumdar, prior to joining OP Jindal Global University, he was working as a corporate lawyer with law 6 Deadline for Registration: March 21st, 2015 For details and registration, please contact: Dr Niraj Gupta Associate Professor Indian Institute of Corporate Affairs Contact No: +91-9540100033 Email: nirajgupta.iica@gmail.com Dr Garima Dadhich Assistant Professor Indian Institute of Corporate Affairs Contact No: +91-9810501258 Email: garima.dadhich@iica.in Mr Mithun Sharma Asst. Director & Programme Co-ordinator Admissions Outreach & Executive Education Contact No: +91-8930 110863 Email: mithun@jgu.edu.in
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