Department of Management Studies, Indian Institute of Technology Delhi, New Delhi – 110016, India
*Corresponding author Email: shvetasingh@dms.iitd.ac.in
**Email: ssyadav@dms.iitd.ac.in
***Email: pkjain@dms.iitd.ac.in
Online published on 15 February, 2014.
The purpose of this paper is to understand current practices in corporate governance in Indian companies. It presents descriptive statistics on the net profitability of sample companies to emphasize the importance of sound corporate governance for them. The scope of this study is limited to the 166 non-financial BSE 200 companies and uses both primary and secondary data. The findings indicate that the sample companies do adhere to certain aspects of corporate governance but not in its entirety. This is an area of concern as the sample companies are amongst the largest companies in the country and, as such, are responsible to a large number of stakeholders.
Corporate governance, Management incentives, Financial reporting, Composition of Board, Corporate competitiveness, Whistle-blower, Investor grievance, Profitability
