Vol. 1, Issue 9, Part M (2015)

Abstract
This research paper seeks to discover the current situation of corporate governance practices in India and with this point most recent available yearly annual report of (2012-13 and 2013-14) of 100 companies from ten diverse industry sectors are analysed. The results illustrate that firms in India are currently following governance practices by following binding and non-binding guidelines issued by SEBI in clause 49 of listing agreement regarding corporate governance. But still there is a range for upgrading towards an ideal state of governance in India for excellence. Moreover, there are no major differences in corporate governance practices followed by firms across different sectors.