Examination of Historical Advancement of Corporate Governance in India– Contemporary Issues and Way Forward

In the Era of Globalised world, the importance of Fair Corporate Governance policies has been recognized by different countries. From collapse of Wallpaper Group Coloroll in UK, Enron Scandal in US and Satyam Scam in India, all of these countries have witnessed some of the largest Corporate Scams. With the help of good Corporate Governance Policies, a country can protect its economy and investment made therein. It encourages shareholders to invest in capital market and ensure safety of their investment. In India, the corporate governance and its basic pillars on which governance stands i.e. Transparency, Accountability and Fairness, were introduced through Clause 49. This was done only after it was recommended by the Kumar Mangalam Committee. Yet, subsequently the shocking event of Satyam Scam & other Corporate Governance failure continues to hit Indian economic on various occasions. This paper will analyse the past experience of some of the famous scams happened in India specifically in past one decade and the lessons learnt thereby. The paper furthermore discusses the current legal issue and the challenges faced by Corporate Governance practices in India. Keywords - Corporate Governance, Corporate Scam, SEBI.

Genesis of the Russia-Japan Conundrum in Northeast Asian Security: The Anatomy of Mutual Distrust and the China Factor

This paper examines the potential and limits of Russo-Japanese bilateral relations across the Gorbachev, Yeltsin and Putin periods, exploring the roots of the mutual distrust between the two countries, Gorbachev’s “new thinking” with respect to Japan, how Yeltsin’s policy differed from Gorbachev’s, what Putin’s policy priorities were with Abe, and the limits of Russo-Japanese relations. I also analyze important external elements in bilateral relations such as the China factor, predict how Russian relations with Japan will affect Russia’s future role in Northeast Asia, and discuss policy implications for Republic of Korea as well. The main argument of this paper is that Japan and Russia will continue to remain as immiscible in the end even before economic relations fully heated. Kuril Island dispute along with inherent mistrust between the two sides will continue to obstruct bilateral relations for the indefinite period unless there is a shocking event such as Russia’s decision to yield the four islands in contention to Japan.

New Marvels

This chapter begins with Marcel’s decision on 22 February 1358 to murder two noble marshals of the royal army in the Dauphin’s bedchamber. It follows the story through the consolidation of a noble faction in reaction to this shocking event and the Dauphin’s recruitment to their cause at a meeting of nobles at Provins in April. After this meeting, the Dauphin garrisoned the castles of Montereau and Meaux on the Rivers Yonne and Marne, allowing him to blockade the fluvial routes that supplied Paris from the south and east. With the west occupied by Anglo-Navarrese troops and freebooters, all parties turned their attention north, where the towns were closely allied with the reformers and where the Oise River remained the only shipping route to or from Paris. On the eve of the Jacquerie, the territory that would soon see the majority of rebellious action was the only area that remained in contest. A final meeting of the Estates, now dominated by noble Valois loyalists, was held, issuing an ordonnance on 14 May that departed significantly from the reformers’ programme, especially regarding fiscal and military matters. The next day, news of peace with England reached Paris, up-ending the political calculus. No sources report what happened in the fortnight before the Jacquerie broke out on 28 May, but that (probably deliberate) silence must mask considerable activity on all sides.

Opera as a Moral Vehicle: Situating Bellini's Norma in the Political Complexities of Mid-Nineteenth-Century Buenos Aires

On 25 May 1849 Vincenzo Bellini's opera Norma was premiered at the Teatro de la Victoria in Buenos Aires. It was performed four years before the downfall of Juan Manuel de Rosas, Governor of Buenos Aires for more than 20 years, in what it has been considered in Argentine historiography as a ‘terror regime’. The success of the opera combined with the political situation enables the understanding of Norma in political terms. A year prior to the premiere of the opera, the story of the elopement of a young, aristocratic, federal girl, Camila O'Gorman with the priest Uladislao Gutiérrez, had shocked local society. It was followed by another shocking event when, once the couple was found, Rosas decided to have them executed. I argue that the inadvertent similarity between the plot of Norma and the events in relation to Camila O'Gorman's death led to possible interpretations of the opera performance as a justification of Rosas's decision to execute Camila and her lover, whilst also providing a moral lesson to young aristocratic women. In this article, I therefore explore the plausible political overtones hidden in the performance of Norma by comparing librettos and analysing the opera's reception between 1849 and 1851 in the periodicals of the time. In this way, I cast light on a heretofore overlooked, but undeniably rich, period of operatic life in Buenos Aires.

Critical Stylistic analysis of the Concept of Extremism in DeLillo's Falling Man (2007)

The increase in the number of terrorist attacks, especially the shocking event of 9/11 led to the wide coverage of topics such as terrorism and extremism. Such coverage is not only conveyed by the media and newspaper articles, but also by creating novels. As a result, the current study focuses on the concept of extremism. The hallmark of this study is to illustrate how such concept is ideologically embedded within a text. Thus, this study is confined to Don DeLillo's Falling man (2007). In this novel, DeLillo describes the trauma caused by 9/11 attacks. It is important to note that he recruits his language to mirror Islam as an extreme religion. To access the concept of extremism in this novel, the researchers will apply a critical stylistic approach. Therefore, the analysis will depend heavily on the textual conceptual model that is represented by Jeffries (2010) to uncover the hidden ideologies related to extremism. The aims of current study is to investigate the way the linguistic meaning is used as a vehicle for constructing the ideology of extremism in the selected novel; in addition to identify the textual meaning that underlies extremism in the selected novel. With the aid of critical stylistic tools, the researchers find out that DeLillo employs the use of certain linguistic choices in his novel. These choices tackle the concept of extremism focusing on the violent attitude behind such a concept with an attempt to link this concept to Islam and Muslims.

Who or What to Blame

The terrorist attack in Norway on 22 July 2011, carried out by a right-wing extremist, was a shocking event, leaving 77 dead and dozens seriously wounded. It soon gave rise to a range of interpretations and explanations as to the causes and implications of the attack. Engaging with classical anthropological and more recent sociological literature on trust and blame, the article shows that there was no hegemonic narrative or explanation of the attack, and similarly no broad agreement over the steps to be taken in order to reduce the chances of future attacks. Six different attempts to account for the terrorist attack are described, but only two correctly identify demographic change, migration and the rise of xenophobic politics as the underlying causes of the terrorist attack. This suggests that the high level of trust characteristic of Norwegian society is likely to be reduced as a result of accelerating change and accompanying social fragmentation.