Corporate Governance in India is an authoritative discourse on the state of corporate governance in India. Beginning with an analysis of its evolution, the authors discuss the effectiveness and applicability of corporate governance mechanisms in the context of the institutional structure within which Indian companies operate.
In this volume, the authors take the readers through an in-depth coverage of six important corporate governance mechanisms:
1. Ownership structure
2. Board of directors
3. Executive compensation
4. Auditor and the audit committee
5. Market for corporate control
6. Disclosure and enforcement
Years of extensive research combined with contemporary data collected from various corporate governance reports from across India makes this volume a priceless ready reckoner. Along with a convenient logical structure, the book provides a comprehensive coverage of the governance mechanisms of Indian corporations, especially in light of the international research in the area.
Editorial Reviews
Review
The book by Jayati and Subrata Sarkar on governance norms and practices in the Indian context provides insights on some of the unique factors that distinguish the corporate norms of governance in the country…. The book’s contribution in highlighting this critical area and the need for strengthening the implementation phase is commendable A detailed bibliography alongside a section on legalese helps provide clarity to the readers on the finer aspects dealing with ownership disclosures, controls and holding patterns of corporate houses. The book should appeal to those who besides interested in learning about the evolution and development of governance practices in the country desire to know the nuances that constitute the area of corporate governance in the Indian context.
— Global Business Review
Corporate Governance in India is a very useful resource for researchers and scholars who work in this field…‘a ready reckoner’ on Indian corporate Governance… This book is a result of scrupulous and timely research on corporate governance in India….The book is a pure delight for researchers and policy makers. One notable aspect of the book is that it compares Indian governance with the developed countries’ governance systems which makes the study comprehensive.
— The Journal of Entrepreneurship
From the Back Cover
Corporate Governance in India is an authoritative discourse on the state of corporate governance in India. Beginning with an analysis of its evolution, the authors discuss the effectiveness and applicability of corporate governance mechanisms in the context of the institutional structure within which Indian companies operate.
About the Author
Jayati Sarkar has held faculty positions with the Indira Gandhi Institute of Development Research Mumbai, India, for the past 15 years. Previous to this, she worked with the Indian Chamber of Commerce, Mumbai, India, as an economist. She has also been a visiting faculty at the University of Southern California, Los Angeles, USA. Winner of the National Science Foundation grant for research work on Business Group, Dr Sarkar has been an active member of the NGO Mission Sayam Siddha, an organization that works for disadvantaged women. She has written extensively on issues related to corporate governance including articles on ‘Ownership and Firm Performance’, ‘Corporate Governance Reforms and Corporate Sector Development in India’, ‘Liberalization, Corporate Ownership and Performance: The Indian Experience’ and ‘Board Independence and Corporate Governance in India: Which Way Forward?’.
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