The 20th century saw massive growth in management thought, management theories, management gurus, and management teaching but importance was not shown for Corporate Governance. Now in the 21st century it is the time of Corporate Governance which is predominant in the modern era of business. Various corporate scandals which not only fatal to the particular company but also create danger to the whole economy have also infused the much needed term corporate governance in the rule books of business. Various economies follow their own different regimes of corporate governance according to their culture, environment etc. Asia is a very diverse region in terms of levels of economic development, institutional regimes and business environment. We also aim to analyze such variations between the two countries, India & the other being South Korea. So this paper presents a picture of Comparative analysis of Corporate Governance framework, practices, rules and regulations of the two powerful economies, India and South Korea.
Corporate governance, Governance framework, India, South Korea
