In this paper attempt has been made to discuss various aspects relating to corporate governance like origin of corporate governance and its objectives, need of corporate governance, main constituents of corporate governance, overview of corporate governance in India and challenges of corporate governance for business enterprise. Corporate governance means the idea of ensuring proper management of companies through the institutions and mechanisms available to the shareholders. Corporate governance is looked upon with utmost importance by the legal systems and company regulatory regimes all around the world.Corporate governance essentially is about accountability and strategic direction. For too long corporate governance has been conceived as a one-dimensional focus upon monitoring, compliance and regulation.
Corporate governance, Globalization, Stakeholders, transparency
