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International Journal of
Management and Economics
ARCHIVES
VOL. 6, ISSUE 2 (2024)
An analytical study on corporate governance practices in India
Authors
Shivani, Dr. Anupa Singh
Abstract
Corporate governance is a broad term in business environment. One of the greatest systems for managing and guiding corporate organizations is corporate governance. In corporations, individuals just own the company; the boards of directors are responsible for managing and administering the company. They manage the company with consideration for stakeholders' and shareholders' interests. The social and economic objectives are coordinated by corporate governance. It entails encouraging adherence to the law and moral principles. An examination of the laws and policies governing the individuals in control of an incorporated business is known as corporate governance. It is they who consent to bear accountability to the stockholders. In the business world, no corporate body can endure for an extended period without corporate governance. These days, corporate governance is receiving a lot of attention from all organizations. Additionally, some firms create distinct pamphlets on corporate governance that provide all relevant parties with budgets for corporate governance along with a comprehensive explanation of all the rules, regulations, and procedures. Indian corporations are learning in this globalization-driven era that they must start implementing solid corporate governance procedures in order to achieve overall business value, which is not achievable in a short amount of time. Despite this, India consistently scores highly when it comes to corporate governance regulations. However, there is still a long way to go. The concept and tenets of corporate governance, as well as its significance from an Indian perspective, will be examined in this essay. Next, we'll talk about the different problems and difficulties associated with corporate governance.
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Pages:24-30
How to cite this article:
Shivani, Dr. Anupa Singh "An analytical study on corporate governance practices in India". International Journal of Management and Economics, Vol 6, Issue 2, 2024, Pages 24-30
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