| Topic : Corporate Governance |
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Finance & Accounts
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1 comments
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last activity : 07 06 2010 20:18:04 +0000
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In India the concept of corporate governance is gaining importance because of two reasons.
A) After liberalization, there has been institutionalization of financial markets, FIIs, FIs and mutual funds become dominant players in the stock markets. The market began to discriminate between wealth destroyers. Corporate governance is a critical byproduct of market discipline.
B) Another factor is the increased role being played by the private sector. Companies are realizing that shareholders love to stay with those corporate that create values for their shareholders. This is only possible by adopting fair, honest and transparent corporate practices.
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1 comments on "Corporate Governance in India"
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Commented by
Priyanka C Kale, LLM student, Cardiff University
| 08 16 2009 06:43:26 +0000
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