A STUDY OF RECENT DEVELOPMENTS IN CORPORATE GOVERNANCE IN INDIA By Parthasarathi Senapati[1]

Abstract Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation is directed, administered or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. The principal stakeholders are the shareholders/members, management, and the board of directors. Other stakeholders include employees, customers, creditors, suppliers, regulators, and the community at large. Fairness, transparency, accountability and Impeccable Corporate Governance are of utmost importance for stability, profitability, and growth of the business for any organization.…

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