Corporate Governance In India
THE CORPORATE GOVERNANCE PRACTICES IN INDIA
By
Mrs.ShilpaJain
Faculty Members
ICFAI National College
Yamuna Nagar- Haryana
INTRODUCTION:
Corporate governance is defined as the system by which business entities are monitored, managed and controlled. Corporate governance practices have become an essential prerequisite for the ability to acquire and retain financial resources
necessary for restructuring long term investment and sustainable growth. At one end of the spectrum the shareholders are the owners of business entity as they are risk takers. At the other end the managers or the executive director of the company who are in control of its day-to-day affairs. It is the responsibility of entire board of directors for smooth running of the company; corporate disclosure and governance requirements though relatively low in some countries, are also......
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Approximate Word Count: 3776
Approximate Pages: 16 (250 words per double-spaced page)
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