Vol. 3, Issue 3, Part D (2017)

Abstract
Corporate Governance is recently emerged concept and has taken the attention of each and every country, investors and corporate professionals. Corporate governance in India came into picture by a spate of crises in the early 90’s as well as opening up to the forces of competition and globalization. Corporate governance is the practice, which requires transparency, accountability and good performance from the corporate executives. Well-defined and enforced corporate governance provides a structure that, at least in theory, works for the benefit of everyone concerned by ensuring that the enterprise adheres to accepted ethical standards and best practices as well as to formal laws.