Corporate Governance of 2018, 2019 and Beyond

Abstract

Board of directors is the principal agent for corporate governance: The board is given a mission by shareholders, translates that mission into specific elements of strategy, and then provides direction for management, which makes it all happen. It is easier said than done. Business world in India is in infancy stage of implementing tools of corporate governance. A number of reforms are on the way . It is an ongoing process. It will take atleast 2 to 3 years to fructify. For good corporate governance change of mindset is must. This aspect may need some time. However,good news is that part of implementation are in process. From the corporate mis-governance cases worldwidein 2018 in the article,will provideideas as to how to go about in improving corporate governance in the near future.