Directors of company and their role in fortification of corporate governance norms in India

Corporate governance is a set of rules through which a company is administrated. Good corporate governance practices protect the interest of investor and other stakeholders of company and having impact on economic growth of nation. It establishes investor confidence and attracts investment from national as well as international investors. Directors are playing pivotal role in enhancement of good corporate governance. This study analyzes the need, evolution and role of directors in fortification of corporate governance norms in India. Further it deals with the steps taken by the regulatory authorities to strengthen the norms.