Role of Corporate Governance and Self-Regulation Process in India-detailed Analysis
Keywords:
Corporate, governance, self-regulation, process, organizationsAbstract
Corporate governance is a result of the interaction of best practices, self-regulation, security regulation, and legal standards. Recent scandals and scams led governments to change their corporate governance rules; while this process moved quickly in some nations, it took longer in others. Only when harm has been done and misconduct is obvious do law and regulation step in and start to work. Contrarily, self-regulation has a significant influence on the interaction between businesses and their environment and is a speedier and more adaptable reaction to shifting market conditions. As fantastic professionals who are fully informed about how the market operates, SRO offers significant benefits through gaining experience. It also aids in upholding high standards of corporate governance since it establishes guidelines and rules that organisations must abide by in order to act ethically.
References
Goldberg, I and Desai, R., “Corporate Governance in Russia, “The ICFAI Journal of Corporate Governance, Vol. III, No. 3, July 2003, p 69.
A.C. Fernado ‟son Business Ethics and Corporate Governance, Seventeenth Impression, Pearson
Daniel Casto, December 2011, Benefits and Limitations of Industry Self-Regulation, The role of self-regulation in corporate governance
Abe DeJong, Douglas v. DeJong, Gerard mertens, charleswasley, December 2001, The role of self-regulation in corporate governance, Self-Regulation, Normative Choice, and the Structure of Corporate Fiduciary Law
Dr. Snjay Bhayana’s Corporate Governance in India, Ph.D. Thesis, 2007, Regal Publications
Mehta, G.S., “Dharmain Corporate Governance,” The Chartered Accountant, December 2003 pg.no.677–78.
Report of the Committee on the Financial Aspects of Corporate Governance (1992), visted at March10,12 pm [Online] Available from http://cadbury.cjbs.archios.info/report
www.indianinfonline.com
John A. Byrne, “At least Chainsaw Al Knew How to Hire a Board,” Business Week, 1998.
Fortune 500 Boards Adding More Women, The Atlanta Journal,1994.
“Infosys has new sops for staff, CEO Salil Parekh to get Rs 10 crore shares”, https://econo mictimes.indiatimes.com/tech/ites/infosys-has-new-sops-for-staff-ceo-salil-parekh-to-get-rs-10-crore-shares/articleshow/69364735.cms
www.tata.com
CFI, What is a Self-Regulatory Organization (SRO), visited on March 10, 2020, 1pm, https://corp oratefinanceinstitute.com/resources/knowledge/other/self-regulatory-organization-sro/
Jessica Varma, “SROs in India”, 2014, visited at March 11, 2020, https://www.scribd.com/document/214890722/SROs-in-India