Corporate Governance Practices in India - A Case Study

Authors

  • Neelam Bhardwaj Jain University, Bangalore
  • Batani Raghavendra Rao Jain University, Bangalore

DOI:

https://doi.org/10.33516/maj.v49i3.94-100p

Keywords:

Corporate Governance, OECD, Clause 49, Revised Clause 49, S&P CNX Nifty 50, SEBI, Board of Directors, Independent Directors, Audit Committee, Compliance Report, Sarbanes-Oxley Act of 2002, Cadbury Report.

Abstract

Corporate governance is a buzz word in the corporate world. The concept of corporate governance gained further momentum after the sudden crash of Enron, WorldCom, Xerox, Lehman Brothers and the crisis of Satyam. Lack of transparency and poor disclosures in the annual reports are blocking the stakeholders from ascertaining the well-being of the corporate houses. As a consequence, investor community urged for improvements in governance practices which lead to the implementation of corporate governance codes. In today's world of globalization, the concept of corporate governance has taken an important place. Today, companies are operating in the international arena.

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Published

2014-03-01

How to Cite

Bhardwaj, N., & Rao, B. R. (2014). Corporate Governance Practices in India - A Case Study. The Management Accountant Journal, 49(3), 94–100. https://doi.org/10.33516/maj.v49i3.94-100p

Issue

Volume 49, Issue 3, March 2014

Section

Case Study
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Europe PMC

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