Authors :
Astik Tripathi; Himanshu Kumar Jaiswal
Volume/Issue :
Volume 8 - 2023, Issue 6 - June
Google Scholar :
https://bit.ly/3TmGbDi
Scribd :
https://tinyurl.com/bdcwp46c
DOI :
https://doi.org/10.5281/zenodo.8204055
Abstract :
In light of the volatile securities market,
investors have now recognized the crucial significance of
corporate governance as a decisive factor in their
investment decisions. The assurance of strong corporate
governance practices is perceived as instrumental in
inspiring, reinforcing, and preserving investor
confidence, while also ensuring a company's commitment
to achieving higher growth and profitability. The global
economy, particularly transitional economies, has
increasingly prioritized corporate governance as a vital
concern. In emerging economies, the growth of the private
sector is vital for advancing towards a laissez-faire
economic system. For this reason, competent corporate
governance is essential. It does this through encouraging
efficient use of financial resources, fostering the
development of capital markets, and drawing in
investments from other countries, all of which contribute
to the expansion of the economy. Due to the increasing
significance of private business entities in the country and
their increased involvement with multi-national
organisations and global structures, the discipline of
corporate governance has emerged as a topic of increasing
importance in recent years. The present condition of
India's corporate governance framework, the
transforming regulatory structure, and the difficulties
and obstacles associated with it have been highlighted in
this paper and must be faced in order to establish a strong
and successful system of corporate governance in the
nation. Specifically, the paper focuses on the legal
structure that has been recently developed.
Keywords :
Corporate Governance, Board of Directors, Ownership Control.
In light of the volatile securities market,
investors have now recognized the crucial significance of
corporate governance as a decisive factor in their
investment decisions. The assurance of strong corporate
governance practices is perceived as instrumental in
inspiring, reinforcing, and preserving investor
confidence, while also ensuring a company's commitment
to achieving higher growth and profitability. The global
economy, particularly transitional economies, has
increasingly prioritized corporate governance as a vital
concern. In emerging economies, the growth of the private
sector is vital for advancing towards a laissez-faire
economic system. For this reason, competent corporate
governance is essential. It does this through encouraging
efficient use of financial resources, fostering the
development of capital markets, and drawing in
investments from other countries, all of which contribute
to the expansion of the economy. Due to the increasing
significance of private business entities in the country and
their increased involvement with multi-national
organisations and global structures, the discipline of
corporate governance has emerged as a topic of increasing
importance in recent years. The present condition of
India's corporate governance framework, the
transforming regulatory structure, and the difficulties
and obstacles associated with it have been highlighted in
this paper and must be faced in order to establish a strong
and successful system of corporate governance in the
nation. Specifically, the paper focuses on the legal
structure that has been recently developed.
Keywords :
Corporate Governance, Board of Directors, Ownership Control.
