- Issued By: INDIACSR
- City / State: New Delhi
- Company Website: http://www.indiacsr.in
- Submitted: December 16, 2010 10:26 pm
FOR IMMEDIATE RELEASE
New Delhi, December 16, 2010:
INDIACSR (www.indiacsr.in), India’s only interactive portal on Corporate Governance, Sustainability and Responsibility organizing an Essay Writing Competition-2010 (EWC) on topic of “Corporate Governance in INDIA: Past, Present and Future” among students. This is a country level competition and is open for all college students.
Purpose of competition
The Essay writing competition aims at creating awareness on the contemporary topic of Corporate Governance. We shall sensitize and educate Researchers, Beaurecrate, Politicians and various Stockholders from different domain areas. The Prime objective is to ignite the spirit and underline objective of Corporate Governance in one and all so as to make INDIA better and brighter INIDIA.
About the Theme
Effective corporate governance and economic development are intrinsically linked. Effective corporate governance system promotes the development of strong financial systems. Good corporate governance is significant to the integrity of corporations, financial institutions and markets, and central to the health of our economies and their stability. In the recent years, the topic of Corporate Governance has gained prominence as a result of the large number of attention-grabbing corporate scandals. Corporate Governance has been a central issue in developing countries like India and has become an issue of worldwide importance. Corporations have a role to play in promoting economic development and social progress therefore they must have the corporate governance. Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation/company is directed, administered or controlled.
Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. Corporate governance is a multi-faceted subject. An important theme of corporate governance is to ensure the accountability of certain individuals in an organization through mechanisms that try to reduce or eliminate the principal-agent problem. In India, corporate governance initiatives have been undertaken by the Ministry of of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). India Govt has introduced Corporate Governance Voluntary Guidelines 2009 on December 2009 during corporate weak. These guidelines being recommendatory in nature focus on fairness, transparency, accountability and responsibility by Indian Corporate. Corporate Governance Voluntary Guidelines are set of standard practices which may be voluntarily adopted by the public companies, and big private companies.
Who can participate?
Students those are doing graduation and Post-graduation in any disciple can participate in the EWC-2010.
There is no entry fee for participation in the competition.
Language of essay
Official language of the writing essay is English.
The word limit of the essay is 2000-3000 words.
Essays will be evaluated by an Expert Committee constituted by INDIACSR on the basis of contents, originality of Ideas, sequence of presentation and Writing Skills. The winners will be notified in writing. A list of winners will also be published in the www.indiacsr.in
Prize of Winner
Student securing first, second and third position in the competition will be awarded with attractive prizes along with certificate and there are also 10 consolation prizes. Awarded essay to be published in the www.indiacsr.in and other newspapers.
Last date of receiving entries
Last date of submission of essay is January 30, 2011.
E-mail Id for sending entries
Entries should be mark to Dr. Rana Singh, Professor and Associate Dean, Centum U Delhi Campus, his E-mail id is – firstname.lastname@example.org EWC-2010 “Corporate Governance in India: Past, Present and Future” must be written in the subject area. Also attach bona fide certificate along with entry with full information (Name, Age, good quality photograph, Name of institute/college, correspondence address, phone no., Mobile no, and e-mail id).
About the INDIACSR (www.indiacsr.in)
INDIA CSR is India’s first interactive portal dedicated to making significant contributions through adding new dimensions and perspectives to the domain of Corporate Social Responsibility (CSR) and Sustainability, which is emerging globally as one of the hottest contemporary issues. CSR in India has added new paradigms in the light of changing government, regulatory environment, peer pressure, compulsion felt as a result of globalization and the quest for global corporate hegemony. In India, CSR still has a long way to go. www.indiacsr.in is working on acting as a path between the present and the envisioned future.
INDIA CSR is building an information network consisting of a website, e-newsletter and a magazine. It is a communication and informative platform on corporate social responsibility and sustainable business. Our mission is to support practitioners and organizations in building responsible and sustainable business in India and in this way to contribute to sustainable development of societies at large. We implement our mission through the provision of information, knowledge, tools and by building a community of people and organizations focused on CSR.
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