IDEAS home Printed from https://ideas.repec.org/a/ids/ijcgov/v10y2019i1p20-41.html
   My bibliography  Save this article

Corporate governance in India - battle of stakes

Author

Listed:
  • Neeti Shikha
  • Rishika Mishra

Abstract

Most of the business conglomerates in India are family-run entities who govern the company, even from a back seat. The promoters, who are in most corporate scenarios also the majority shareholders, rule the roost. The minority shareholders and the board are held hostage to the former's powers. This paper explores the role of promoters in corporate governance in India through two recent corporate debacles of Tata Sons and Infosys that have brought to fore many glaring questions and harsh realities of the existing governance systems including the role of promoters and independent directors viz a viz the minority shareholders and separation of powers between the promoters and the board. The paper discusses the efficacy of legal framework in this regard and suggests fresh regulatory measures that could catalyse the process of effective governance.

Suggested Citation

  • Neeti Shikha & Rishika Mishra, 2019. "Corporate governance in India - battle of stakes," International Journal of Corporate Governance, Inderscience Enterprises Ltd, vol. 10(1), pages 20-41.
    • Handle: RePEc:ids:ijcgov:v:10:y:2019:i:1:p:20-41
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=98041
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Faozi A. Almaqtari & Hamood Mohd. Al-Hattami & Khalid M. E. Al-Nuzaili & Mohammed A. Al-Bukhrani, 2020. "Corporate governance in India: A systematic review and synthesis for future research," Cogent Business & Management, Taylor & Francis Journals, vol. 7(1), pages 1803579-180, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijcgov:v:10:y:2019:i:1:p:20-41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=260 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.