The Future of Corporate Governance In India

Abstract

Corporate governance refers to the systems and processes by which companies are directed and controlled. The future of corporate governance is shaped by a range of factors, including changing stakeholder expectations, new technologies and digitalisation, growth of emerging markets, and the increasing importance of sustainability and environmental, social and governance (ESG) issues. In the future, corporate governance is expected to become more focused on stakeholder interests and sustainable business practices, emphasising transparency, accountability and ethical behaviour. The role of the Board of Directors will also evolve to encompass a broader range of skills and expertise, as well as a deeper understanding of the company’s business and market.