Corporate governance refers to the systems and policies that influence a company’s administration. Effective corporate governance emphasizes efficiency, accountability, and adaptability to the changing climate.
With the emergence of the limited liability form of corporate business organization, the issues embracing corporate governance have assumed great deal of importance and have been warranting close scrutiny, which has over the last two decades enlarged the window of opportunity.
The corporate governance system has taken center stage in India after the issue of SEBI guidelines and amendment of listing agreements of the various stock exchanges in response thereto and amendment to the Companies Act.
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