IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

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Strengthening Corporate Governance in India A Review of Legislative and Regulatory Initiatives in 2013-2014

N. Balasubramanian
2014
Working Paper No
447
Body

Effected in required standards of corporate governance, there is also some concern regarding overly increasing compliance and regulatory costs and efforts for companies as well as their independent directors. Among the major provisions of the Act are those of restraining voting rights of interested shareholders on related party transactions, recognition of  board accountability to stakeholders besides shareholders, and extension of several good governance requirements to relatively large  unlisted corporations.

Key words
Corporate governance, Companies Act, Stakeholders, India

Strengthening Corporate Governance in India A Review of Legislative and Regulatory Initiatives in 2013-2014

Author(s) Name: N. Balasubramanian, 2014
Working Paper No : 447
Abstract:

Effected in required standards of corporate governance, there is also some concern regarding overly increasing compliance and regulatory costs and efforts for companies as well as their independent directors. Among the major provisions of the Act are those of restraining voting rights of interested shareholders on related party transactions, recognition of  board accountability to stakeholders besides shareholders, and extension of several good governance requirements to relatively large  unlisted corporations.

Keywords: Corporate governance, Companies Act, Stakeholders, India