Corporate governance in india past present and future

  • How did corporate governance evolve in India?

    Indian organisations and corporations were subject to colonial regulations, many of which took into consideration the desires and preferences of the British employers.
    The 1866-enacted Companies Act was revised in 1882, 1913, and 1932.
    In 1932, the Partnership Act was passed..

  • What is the system of corporate governance in India?

    The organizational framework for corporate governance initiatives in India consists of the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).
    SEBI monitors and regulates corporate governance of listed companies in India through Clause 49..

  • For instance, the introduction of the Corporate Governance Code and the listing requirements mandating specific governance norms for listed companies have been significant steps forward.
    Industry associations and professional bodies are also playing a pivotal role in promoting good governance practices.
"Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance.

Does corporate governance exist in India?

The study makes a novel contribution to the strand literature of corporate governance in India.
It highlights the substantial knowledge gaps in this field and provides a potential agenda for academicians, research organizations, and funding agencies for future research.

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What is the second major corporate governance initiative in India?

The second major corporate governance initiative in India was undertaken by SEBI in 1999 to promote and raise the standards of good corporate governance in the country.
This committee specifically emphasized on independent directors in discussing code recommendations and it also recognized the importance of audit committees.

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Which journals are leading corporate governance studies in India?

Further, the results show that Elsevier journals have the highest number of citations; 4336 followed by Wiley (1051), Springer (852), and Emerald (658) which indicates that these journals are leading corporate governance studies in India.
Table 5.
Publishers’ Outlets and Top 10 Journals by No. of published papers .

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Why is corporate governance important for developing countries?

Good corporate governance is vital because of its role in attracting foreign investment.
The extent of foreign investment, in turn, shapes the prospects for economic growth for many developing countries.
While India’s corporate governance framework is advanced for a developing country, it still can be significantly improved.


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