Corporate Governance Philosophy and Non-Mandatory Disclosures: A Study of Top 10 Companies in India

Авторы

  • Yagnesh Dalvadi

Аннотация

The Agency Problem has given a rise to and a need for the present system of Corporate Governance. Corporate Governance implies the conduct in which a company is managed to the paramount interest of all the concerned stakeholders. Though it is a legal compulsion to adhere to the Corporate Governance Practices, some of the companies try to exceed the legal standards. The present paper is an attempt to study the Corporate Governance Philosophy of top 10 companies in India based on their market capitalisation and draw common attributes of the philosophy of the selected companies. Moreover, the study also tries to probe into level of compliance with the non-mandatory requirements under Clause 49 of Listing agreement to test whether or not there exist a significant difference in the non-mandatory disclosure practices of the selected companies or not. The present study is based on secondary data and has been analysed using the content analysis technique.Keywords: Corporate Governance Philosophy, Non-Mandatory Disclosures

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Опубликован

2014-09-22

Выпуск

2011: Special Issue: 2011

Раздел

Research Articles

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