• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing:  ProQuest, Crossref, Electronic Journals Library , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2014 Vol.5(4): 364-368 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2014.V5.399

Corporate Governance — Indian Perspective

Ruchi Kulkani and Balasundram Maniam
Abstract—Corporate Governance is the set of policies that are created for deciding a company’s performance and direction. It is an overview of rules and regulations for the people in-charge of an incorporated firm. They are the ones who agree to take responsibility towards the shareholders. Corporate governance is a broad term is today’s business environment. The legal outfits of corporate governance can be customized to fit the meticulous choice of each wearer.
The paper will discuss corporate governance from India’s point of view. It will analyze the barriers that an emerging economy like India has to face. In addition, it will explain why it is important for any country to follow good corporate governance practices. In the next section, it will look at how corporate governance became an inseparable part of Indian economy. Next, it discusses involvement of ethics, internal governance, and choice of auditor and audit committee for India. In the conclusion, the paper gives a summary of how corporate governance is influencing the present economic condition of India.

Index Terms—Indian corporate governance, internal governance, audit committee, ethics.

The authors are with Sam Houston State University, Texas, USA (e-mail: gba_bxm@shsu.edu, maniam@shsu.edu).


Cite: Ruchi Kulkani and Balasundram Maniam, "Corporate Governance — Indian Perspective," International Journal of Trade, Economics and Finance vol.5, no.4, pp. 364-368, 2014.

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