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International Journal of Applied Research
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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

IMPACT FACTOR (RJIF): 8.4

Vol. 2, Issue 2, Part L (2016)

Corporate governance disclosure practices in India: A study of large and mid-cap companies

Corporate governance disclosure practices in India: A study of large and mid-cap companies

Author(s)
Dr. Manjit Singh Saggi
Abstract
Corporate governance is about how an organization is managed. In the present times, corporate governance is a term of precise discussions. Corporate governance disclosure is the only way by which various stakeholders come to know about the working of the company. With the advent of the term corporate governance, more and more disclosure of it is required. Corporate governance disclosure has started crystallizing the working of the companies. Accurate and comprehensive disclosure of corporate governance is as important as disclosure of financial position and performance. It helps stakeholders in understanding the cultures, activities, structures, values, ethics and policies of the organization. It enhances the trust and confidence among the stakeholders. In India it is in the evolution stage. Though some noticeable steps have been taken for the disclosure of corporate governance matters but much is needed to be done. In Indian context, large variations are found in the corporate governance disclosure practices followed by corporate houses. In the present paper, an attempt has been made to highlight the general corporate governance disclosure practices followed by large and mid-cap companies in India with regard to mandatory and voluntary disclosures. The sample of the study consists of 20 companies, 10 each from NSE CNX Nifty Index and NSE CNX Mid-Cap Index. The Study is based upon the corporate governance reports disclosed by these companies in their annual reports for the year ended on 31st March 2015.
Pages: 846-851  |  147 Views  63 Downloads
How to cite this article:
Dr. Manjit Singh Saggi. Corporate governance disclosure practices in India: A study of large and mid-cap companies. Int J Appl Res 2016;2(2):846-851.
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