What is it about?
Corporate governance involves balancing the interests of the many stakeholders in a corporation – from shareholders and management to customers and the larger society. In this paper we investigate the moderating role of corporate governance practices in large Indian corporations on firm performance.
Why is it important?
Corporate governance offers a framework for attaining a company's vision and mission, providing guidance and oversight on a broad spectrum - action plans and internal controls to performance measurement and corporate disclosure. Companies’ Act 2013 has been introduced in India with the primary objective of improving corporate governance practices in Indian corporations. Understanding of relationships between firm-level corporate governance characteristics and firm performance helps us explain business practices better. Specifically, in this paper we identify impact of Companies' Act 2013 on large Indian corporations.
The following have contributed to this page: Dr. Arindam Das