Vol. 5, Issue 2, Part B (2019)

Abstract
Corporate governance in a globalized economy has become one of the most important topics for the business environment and the governments. The proper implementation of corporate governance regulations by the companies bring out advantages for companies and the countries. High quality status of corporate governance means low capital cost, increase in financial capabilities and liquidity, ability of overcoming crises more easily and prevention of the exclusion of soundly managed companies from the capital markets. For effective corporate governance, its policies need to be such that the directors of the company should not abuse their power and instead should understand their duties and responsibilities towards the company and should act in the best interests of the company in the broadest sense. The concept of ‘corporate governance’ is not an end; it’s just a beginning towards growth of company for long term prosperity This paper aims to provide the an overview of corporate governance in India.