CORPORATE GOVERNANCE DISCLOSURE PRACTICES: A STUDY OF SELECTED INDIAN COMPANIES

Corporate governance may be defined as encouraging transparency, accountability, corporate ethics and fairness. Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The shareholders‟ role in governance is to appoint the directors and the auditors to satisfy themselves that an appropriate governance structure is in place. The responsibilities of the board include setting the company’s strategic aims, providing the leadership to put them into effect, supervising the management of the business and reporting to shareholders on their stewardship. The board’s actions are subject to laws, regulations and the shareholders in general meeting. The main objective of the research work is to analyse the corporate governance practices in India with reference to the selected listed companies from different sectors. The researcher has used secondary data for the purpose of study and the data were collected from the annual reports of the selected companies. For the purpose of data analysis, the researcher performed various statistical tools and based on data analysis researcher found that the most of sampled companies are currently following corporate governance disclosure practices as per the guidelines issued by SEBI. However, majority of companies follow good disclosure practices, thus, the researcher concluded that there is no significant differences in corporate governance disclosure practices followed by companies from different sectors.

               

KEYWORDS: Corporate Governance, Disclosure Practices, Indian Companies.


DOI:

Article DOI:

DOI URL:


Download Full Paper:

Download