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International Journal in Management & Social Science
Year : 2016, Volume : 4, Issue : 6
First page : ( 733) Last page : ( 738)
Online ISSN : 2321-1784.

Conceptual Paper Entitled “A Study on Corporate Governance in India”

Kumar N. Santhosh

Seshadripuram College, Seshadripuram, Bangalore

Online published on 8 August, 2018.

Abstract

This study focuses on the Indian corporate governance system and examines how the arrangement has both authentic and captivated aback India's ascendance to the top ranks of the world's economies. While on record the country's acknowledged arrangement provides some of the best broker aegis in the world, though enforcement is a major problem with slow, over-burdened courts and cogent corruption. Ownership remains concentrated and ancestor's business groups abide to be the ascendant business model. The implication in the area of corporate governance has been amplified ever than before in the recent years. In contemporary years, spurred by the added activism of authoritative bodies, the institutional Investors have yielded more. Corporate governance means steering a Corporate to profits and prosperity without seriously eroding the confidence of the vitally Interested but dissimilar groups such as shareholders, creditors, bankers, financial institutions, trusts and government agencies. The motive behind the corporate governance refers to an economic, acknowledged and Institutional ambiance that allows companies to diversify, grow, restructure and Exist, and do aggregate all-important to maximize abiding shareholders value. It is accessible to broadly analyze sets of players in the accumulated governance system. They can be particular as law, which IS the acknowledged system; regulators; the board of directors, employees, Auditors, banking intermediaries; markets and self regulatory organizations. The authoritative framework, includes, Company Law Board, Security and Exchange board of India, Registrar of Companies, Approved Auditors tock Exchanges, Financial institutions and Banks. The system of corporate governance In India operates in an administered environment. Administrative control is seen as arbitrary and enforcement as poor, as many recent scams have demonstrated. In these days, companies in India are on the threshold of entering 21st century with the Intention to emerge as an economic vigor. There has been a paradigm shift in the last five years and some of the State controls had been lifted to maneuver closer to a free economic regime. The process of reforms used to be continuous and unabated clearly the center of attention of our executive is changing from regulation to management.

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Keywords

Indian corporate governance system, institutional Investors, profits.

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