Manuscript Type: Empirical

Research Issue: Responsibility, Transparency, Fairness and Accountability are the four vital pillars for strong Corporate Governance. Corporate Governance helps in establishing a system where a director is showered with duties and responsibilities of the affairs of the Company. This study examined the issue related to Corporate Governance in Automobile Companies listed in BSE Top 100 (Bajaj Auto Ltd., Hero Motocorp Ltd., Mahindra & Mahindra Ltd., Maruti Suzuki India Ltd., Tata Motors Ltd.). For this purpose the aim of this study is :

• To develop Corporate Governance Disclosure Index on the basis of Mandatory and Non-Mandatory requirement issued by SEBI in Revised Clause 49 of Listing Agreement.
• To determine the Corporate Governance practices in selected companies ( Five Automobiles Companies listed in BSE Top 100 )
• To make comparative analysis of Corporate Governance practices between the sampled companies.

Research Findings: The study found that the degree of Corporate Governance compliance is fairly good in all sampled companies. All of the firms fulfilled the mandatory requirements in all sub-indices of the Clause 49. Tata Motors Ltd. gained highest score in all selected companies.

Research Suggestions: Whether all selected companies followed Corporate Governance Disclosure Practices as per Clause 49, But to improve market condition , to gain interest of stakeholders and Also to remove corruption and avoid scams, Companies should be followed Corporate Governance in more efficient manner and SEBI should be taken action for any Non-Compliances by companies.