Title: Corporate governance performance of publicly listed companies in India: a cross-sectional industry analysis of BSE 200
Authors: Ajaz Ul Islam
Addresses: School of Business, Faculty of Management, SMVDU, Katra, Jammu and Kashmir 192306, India
Abstract: This study investigates the corporate governance practices of listed firms in India. The specific objectives of this study are to (i) develop an index for corporate governance performance (CGP); (ii) assess the CGP of the listed firms included in BSE 200 index and (iii) compare the CGP of the firms at industry level. The investigation of governance performance of firms suggests that wide variability exists in the governance performance of firms. Overall, the study supports the proposition to put in place the mechanism to monitor and address the level of compliance by the firms, specifically, non-compliance in certain aspects of governance.
Keywords: audit committees; corporate governance; independence; ownership; India; governance performance; compliance levels.
International Journal of Corporate Governance, 2016 Vol.7 No.4, pp.306 - 324
Accepted: 17 Nov 2016
Published online: 17 Feb 2017 *