Corporate Governance Compliance in Indian Industries : A Case Study

Contents: Foreword. Acknowledgments. 1. Introduction. 2. Corporate governance: conceptual framework. 3. Review of studies made. 4. Corporate governance reporting--recommendations on best practices. 5. The structures of best corporate governance practices. 6. Implementation of corporate governance norms. 7. Corporate governance reporting practices--an evaluation. 8. Successes and failures in the corporate sector. 9. Conclusions. Select bibliography. Index.

"This book is a superlative work accomplished to study the reporting and compliance aspect of corporate governance in the Indian industries. The book is divided into nine chapters focusing on the fascia of corporate governance at the time when it has burgeoning in the Indian corporate sector. The book has dealt in with the evaluation of corporate governance norms in Indian industries; impact of corporate governance on company\'s image, effectiveness and efficiency and social responsibility; various elements of corporate governance, implementation of SEBI\'s guidelines on corporate governance; corporate governance reporting practices and comparing top Indian companies\' corporate governance practices with others in the corporate world. The literary presentations and array of chapters are apposite. The chapter one focuses on highlighting on the objectives, scope and research methodology of the study. Conceptual framework is covered in second chapter and chapter three reviews various research studies conducted in this area in India and abroad. Chapter four presents discussion on recommendations of various committees on corporate governance. Chapter five discusses various structures of corporate governance, listing agreement and factors influencing the quality of corporate governance in India. Chapter six empirically analyses the implementation of corporate governance norms in Indian industries and chapter seven evaluates corporate governance reporting practices as followed by sample Indian companies, assigning the corporate governance score. Chapter eight studies some cases of success and failure in India and abroad in relation to corporate governance norms followed in such companies. Finally, chapter nine gives conclusions, based upon the analysis and suggestions that have practical significance. This treatise is of great importance to the knowledge-seekers on the subject which has developed a number of hypotheses and used appropriate research methodology to draw statistical inferences. This study shall bequeath mammoth value to the researchers, policy-makers, regulators, corporates, investors, industry and academicians and pioneer in the germane studies and serve all the desired purposes." (jacket)