Evolving legal framework of corporate governance in India – issues and challenges
Investors now started considering corporate governance as very essential factor before investment especially in view of the unstable environment in the securities market. It is considered that good corporate governance inspires, strengthens and maintains investor’s confidence by ensuring company’s c...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Bucharest University of Economic Studies
2014-12-01
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| Series: | Juridical Tribune |
| Subjects: | |
| Online Access: | http://www.tribunajuridica.eu/arhiva/An4v2/20%20Gupta.pdf |
| _version_ | 1797219032008491008 |
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| author | Pankaj Kumar GUPTA Singh SHALLU |
| author_facet | Pankaj Kumar GUPTA Singh SHALLU |
| author_sort | Pankaj Kumar GUPTA |
| collection | DOAJ |
| description | Investors now started considering corporate governance as very essential factor before investment especially in view of the unstable environment in the securities market. It is considered that good corporate governance inspires, strengthens and maintains investor’s confidence by ensuring company’s commitment to higher growth and profits. Corporate Governance has become a major concern for global economies particularly the transition world. Sound corporate governance is extremely important for transition economies for creation of the key institutions, the private corporations, which drive the successful economic transformation to a market based economy, effective allocation of capital and development of financial markets, attracting foreign investment and making a contribution to the process of national development. The Corporate Governance issue has emerged primarily because of the growing importance of corporations in the national economies and their interaction with the international agencies and institutions. This paper presents the current scenario of corporate governance in India, the evolving legal framework and identified the major issues and challenges that need to be addressed to implement an effective system of corporate governance in India. |
| first_indexed | 2024-04-24T12:27:11Z |
| format | Article |
| id | doaj.art-1ca7ac3e161b4097b94bbf73fdc5ecb4 |
| institution | Directory Open Access Journal |
| issn | 2247-7195 2248-0382 |
| language | English |
| last_indexed | 2024-04-24T12:27:11Z |
| publishDate | 2014-12-01 |
| publisher | Bucharest University of Economic Studies |
| record_format | Article |
| series | Juridical Tribune |
| spelling | doaj.art-1ca7ac3e161b4097b94bbf73fdc5ecb42024-04-08T07:43:03ZengBucharest University of Economic StudiesJuridical Tribune2247-71952248-03822014-12-0142240253Evolving legal framework of corporate governance in India – issues and challengesPankaj Kumar GUPTA0Singh SHALLU1Centre for Management Studies, JMI University, New Delhi, IndiaCentre for Management Studies, JMI University, New Delhi, IndiaInvestors now started considering corporate governance as very essential factor before investment especially in view of the unstable environment in the securities market. It is considered that good corporate governance inspires, strengthens and maintains investor’s confidence by ensuring company’s commitment to higher growth and profits. Corporate Governance has become a major concern for global economies particularly the transition world. Sound corporate governance is extremely important for transition economies for creation of the key institutions, the private corporations, which drive the successful economic transformation to a market based economy, effective allocation of capital and development of financial markets, attracting foreign investment and making a contribution to the process of national development. The Corporate Governance issue has emerged primarily because of the growing importance of corporations in the national economies and their interaction with the international agencies and institutions. This paper presents the current scenario of corporate governance in India, the evolving legal framework and identified the major issues and challenges that need to be addressed to implement an effective system of corporate governance in India.http://www.tribunajuridica.eu/arhiva/An4v2/20%20Gupta.pdfCorporate GovernanceOwnershipControlBoard of Directors |
| spellingShingle | Pankaj Kumar GUPTA Singh SHALLU Evolving legal framework of corporate governance in India – issues and challenges Juridical Tribune Corporate Governance Ownership Control Board of Directors |
| title | Evolving legal framework of corporate governance in India – issues and challenges |
| title_full | Evolving legal framework of corporate governance in India – issues and challenges |
| title_fullStr | Evolving legal framework of corporate governance in India – issues and challenges |
| title_full_unstemmed | Evolving legal framework of corporate governance in India – issues and challenges |
| title_short | Evolving legal framework of corporate governance in India – issues and challenges |
| title_sort | evolving legal framework of corporate governance in india issues and challenges |
| topic | Corporate Governance Ownership Control Board of Directors |
| url | http://www.tribunajuridica.eu/arhiva/An4v2/20%20Gupta.pdf |
| work_keys_str_mv | AT pankajkumargupta evolvinglegalframeworkofcorporategovernanceinindiaissuesandchallenges AT singhshallu evolvinglegalframeworkofcorporategovernanceinindiaissuesandchallenges |