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IJSTR >> Volume 9 - Issue 4, April 2020 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



Experience of Corporate Governance Practices in India

[Full Text]

 

AUTHOR(S)

Khushboo Gulati, Seema Gupta

 

KEYWORDS

Corporate governance, Committees, India, Reforms,

 

ABSTRACT

The current study traces the efforts of the Indian government for strengthening the corporate governance norms in the country and summarizes their recommendations related to the period of the last two and a half decades. They are described in the view to adjust the corporate sector in forming a robust and transparent system to meet the needs of the dynamic environment. The finding indicates that sizable amount of studies have studied the issues related to presence of independent director, appointment of women director, constitution of audit committee, financial literacy of audit members, regulations for disclosure and transparency, etc. in contrast to some other aspects like promoter share, code of conduct and whistleblower policy are hardly been studied by one or two of them. It is also found that stringent norms and penalties alone will not solve the problem. The enforcement of regulations should be in such a way wherein organizations understand their responsibility towards the country as a whole.

 

REFERENCES

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[116] Tseng, C. Y. and Jian, J. Y. (2016) ‘Board members’ educational backgrounds and branding success in Taiwanese firms’, Asia Pacific Management Review, 21(2), pp. 111–124. doi: 10.1016/j.apmrv.2016.01.002.
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