Corporate Governance Evaluation: The Indian Scenario in the Light of SEBI’s LODR 2015 Regulations A Case Study of 30 BSE Sensex Companies

Authors

  • Meenu Maheshwari Assistant Professor, Department of Commerce and Management, University of Kota, Rajasthan

DOI:

https://doi.org/10.33516/maj.v55i2.96-103p

Keywords:

No Keywords.

Abstract

The main aim of this research paper is to evaluate the quality and effectiveness of Corporate Governance in accordance to SEBI's LODR 2015. This study includes 30 BSE Sensex companies for the financial years 2014-15, 2015-16 and 2016-17. For this purpose Corporate Governance Index has been designed with 18 parameters and their sub parameters. The study reveals that all sampled companies follow very good Corporate Governance norms. Tata Steel scored the highest rank in Corporate Governance Evaluation. SBI in 2014-15, 2015-16 and ONGC in 2016-17 have the last place among all the sampled companies. It is suggested for all the companies that to score 100% score, all companies should follow all the norms of SEBI for Corporate Governance.

Downloads

Download data is not yet available.

Published

2020-02-29

How to Cite

Maheshwari, M. (2020). Corporate Governance Evaluation: The Indian Scenario in the Light of SEBI’s LODR 2015 Regulations A Case Study of 30 BSE Sensex Companies. The Management Accountant Journal, 55(2), 96–103. https://doi.org/10.33516/maj.v55i2.96-103p

Issue

Section

Case Study

References

Alanazi, A.S. (2019), Corporate Governance and Firm performance: Evidence from an Emerging Market. Risk Governance and Control: Financial Markets and Institutions, 9(1), 45-52.

Cadbury, A. (Dec. 1992). Report of the Committee on the financial aspects of the Corporate Governance, London, Gee & Co. Ltd.

Das, S.C. (2012), Corporate Governance in India: An Evaluation, Business and Economics, PHI Learning Pvt. Ltd., New Delhi.

http://www.mahindra.com/investors/reports-and-presentations

http://www.sunpharma.com/investors/annualreports

https://www.bajajauto.com/investors/annual-reports

https://www.cipla.com › Home › Investor Information

https://www.coalindia.in/en-us/performance/reports.aspx

https://www.hdfc.com/investor-relations/annual-report

https://www.hdfcbank.com/aboutus/cg/annual_reports.html

https://www.heromotocorp.com/en-in/investors/annual-reports-archives.html

https://www.hul.co.in/investor-relations/annual-reports/

https://www.icicibank.com/aboutus/annual.page

https://www.marutisuzuki.com/corporate/investors/company-reports

https://www.ntpc.co.in/en/investors/annual-reports

https://www.sbi.co.in/portal/web/corporate-governance/annual-report

https://www.tatamotors.com/investors/annual-reports

https://www.tatapower.com/businesses/maithon/financials-annual-results.aspx

https://www.tcs.com/.../tcs/.../financial-statements/.../TCS%20Annual%20Report%20201

https://www.wipro.com/annual-reports/

investors.larsentoubro.com/annualreports.aspx

Kaur, A. & Singh, B. (2018), Corporate Reputation: Do Board Characteristics Matter? Indian Evidence, Indian Journal of Corporate Governance, 11(2), 122-134.

Maheshwari, M. and (2018). Status of Audit Committee in Accordance with SEBI's LODR 2015 Regulations, The Management Accountant, 25(2). 25-30.

Mohan, A. & Chandramohan, S. (2018), Impact of Corporate Governance on Firm Performance: Empirical Evidence from India, IMPACT: International Journal of Research in Humanities, Arts and Literature, 6(2), 209-218.

Rathnayake, D.N. & Sun, G. (2017). Corporate Ownership, Governance and Performance. Evidence from Asian Countries. Research Journal of Finance and Accounting, 8(15), 28-36.

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Gazette of India, Extraordinary 2nd September, 2015.

Vasishth, N. and Rajput N, (2011), Corporate Governance Values & Ethics, Taxmann Publication Pvt.

Vinayak, C. (2017), Historical Perspective of Governance, Chartered Secretary, 47(10).

www.airtel.in/airtel-annual-report-2016-17/download-center.html

www.bhel.com/financial_information/index.php

www.dlf.in/downloads.aspx

www.gailonline.com/IZ-AnnualReports.html

www.hindalco.com/investor-centre/reports-and-presentations

www.infosys.com/investors/reports-filings/annual-report/annual/.../infosys-AR-17.pdf

www.itcportal.com/...itc/.../annual-reports/itc-annualreport.../ ITC-Report-and-Accounts-

www.jindalsteelpower.com/investors/annual-report.html

www.ril.com/ar2016-17/index.html

www.tsl.co.zw/taxonomy/term/12

www.vedantalimited.com/investor-relations/results-reports.aspx

www.ongcindia.com/wps/wcm/connect/ongcindia/Home/Performance/Financial_Results

Most read articles by the same author(s)

1 2 > >> 

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.