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Can The Corporate Governance Boost The Reputation Of The Concern?
Dr.K.S.Nemavathi, Dr.M.Ramasamy
Corporate governance (CG) includes the set of associations among the company’s management, the board directors, the shareholders and the stakeholders. This association involves the various rules, organization structure in which the aims of the companies were framed. It is the methods of obtaining these objectives and also the observation of the company’s performance. Corporate governance is often related with public sector companies and its benefit can be availed by private sector companies also. CG plays a key role in the economic competence of an organization. The responsibilities and rights of shareholders, board directors, and stakeholders were distributed through corporate governance system. The main objective of corporate governance is to maximize the prosperity of shareholders. The corporate governance policies and procedures can boost the reputation of the companies as the stakeholders were more interested in strong fiscal policies and the internal structures of the company. The internal information of the company can be shared through the system of transparency which obviously invites others to have more faith on the organization. Most of the researches on corporate governance were linked with nations like USA, Europe and less research were associated with Asian nations. A stratified random sampling technique will apply to collect the samples. The samples for this study will collect from the listed public companies in India. The study will use both primary as well as secondary data and structured questionnaire will be prepared to collect the primary data from the respondents. A structured equation modeling will be performed by using IBM SPSS AMOS to analyze the data’s. The study results will enhance the corporates to sustain their reputation and thereby improve their confidence of shareholder and stakeholders.
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