Corporate governance in IndiaCorporate Management

Prepared By

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Manu Melwin JoyAssistant Professor

Ilahia School of Management Studies

Kerala, India.Phone – 9744551114

Mail – manu_melwinjoy@yahoo.com

Corporate governance in India

• In India, the concept of

corporate governance is

gaining importance mainly

because of two reasons.

– Economic Liberalization

– Deregulation of industry

and business

Corporate governance in India

• Economic Liberalization –

After liberalization, there has

been institutionalization of

financial markets and the

market began to

discriminate between

wealth creators and wealth

destroyers.

Corporate governance in India• Deregulation of industry

and business – The role of private sector has increased and the companies are realizing that shareholders love to stay with those corporate that create value for their shareholders which is possible only by adopting fair, honest and transparent corporate practices.