Corporate governance for churches : toward a legal reform of the Church of South India Trust Association

Abstract

The book explores the nature and function of the non-profit incorporated company the Church of South India Trust Association (CSITA) situated in Chennai, South India, and analyses the precarious situation the organisation finds itself in with regard to the financial and property (mis)management. This leads the author to make a major remedial proposal, namely, to lift its corporate veil to expose the true affairs of the company for reproof and restoration. Corporate Governance is defined as referring to the rules, regulations, policies and standards required for sustaining accountability, transparency and general corporate integrity. The aim of the book is to elevate the Church to a strong position with regard to corporate governance, liberating it from corporate failures and from inadequate and improper internal governance mechanism.