Corporate Governance Compliance India

• Date: November 09, 2009
• Source: www.articlebase.com

Indian corporate scenario has seen a sea change with the onset of liberalization. Indian based companies have become global leaders in many areas of the industry. This has laid the foundation for companies to follow globally acceptable standards of governance. Also incidents of global influence like that of Satyam have forced companies to fall in line with global standards to be business worthy.

Companies have the tough task of establishing trust among the various stake holders in the wake of strict scrutiny by these communities. The onus is plainly on the management to adopt sound governance practices.

What is corporate governance? What are the underlying principles? Read on