This book is an authoritative discourse on the current state of corporate governance in India. Beginning with an analysis of its evolution, the authors discuss the effectiveness and applicability of corporate governance mechanisms in the context of the institutional structure within which Indian companies operate. Six important corporate governance mechanisms that are discussed in depth, include: ownership structure; board of directors; executive compensation; auditor and the audit committee; market of corporate control; and disclosure and enforcement. Providing a comprehensive coverage of the governance mechanisms of Indian corporations in the light of the international research in the area—the book is based upon years extensive research combined with analyses of contemporary data.
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