Corporate governance in Indian banks : have the chickens come home to roost? /

This paper is set against the backdrop of fraud in the Punjab National Bank which occurred recently; it does not in any way analyze the fraud per se but rather, looks at the macro issues involved in terms of the role of corporate governance in the banking sector and, more importantly, the role of th...

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Bibliographic Details
Main Authors: Gopinath, Mohan (Author), Chavali, Kavita (Author), Abraham, Dolphy M. (Author)
Format: eBook
Language:English
Published: London : NeilsonJournals Publishing, 2019.
Series:SAGE Business Cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This paper is set against the backdrop of fraud in the Punjab National Bank which occurred recently; it does not in any way analyze the fraud per se but rather, looks at the macro issues involved in terms of the role of corporate governance in the banking sector and, more importantly, the role of the Reserve Bank of India. It also compares the fraud which occurred at Barings Bank and draws parallels in the roles of the Bank of England and the Reserve Bank of India. The main teaching objectives of the paper are to inculcate in students (and readers of this paper) a sensitivity to the importance of companies maintaining strict corporate governance norms. The recent events in India in the ICICI Bank where the CEO had to be dismissed for misusing her powers by resorting to practices which contravened impeccable conflict of interest standards of a bank, is another example.
Item Description:Originally Published InGopinath, M., Chavali, K., & Abraham, D. (2019). Corporate Governance in Indian Banks: Have the Chickens Come Home to Roost?. Journal of Organizational Behavior Education, 12(1), 69-82. JOBE12-CS5.
Physical Description:1 online resource.
Bibliography:Includes bibliographical references and index.
ISBN:9781529753448
1529753449