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Corporate Governance under the Provisions of the Companies Act, 2013

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Corporate Governance under the Provisions of the Companies Act, 2013

CS S Raja Babu


CS S Raja Babu "Corporate Governance under the Provisions of the Companies Act, 2013" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-1, December 2017, pp.498-507, URL: https://www.ijtsrd.com/papers/ijtsrd5972.pdf

Corporate Governance is the set of policies that are created for deciding a company’s performance and direction. It is an overview of rules and regulations for the executives of an incorporated firm. They are the ones who agree to take responsibility towards the shareholders. Corporate governance is a broad term in today’s business environment. Corporate governance has become a widely-discussed subject and a very important consideration for investors around the world. Investors and governments have started demanding better governance practices from all companies particularly after the wide publicity over corporate scandals such as Enron, Parmalat, Xerox, World Com, Satyam and many others during early parts of this century. The legal outfits of corporate governance can be customized to fit the meticulous choice of each wearer. The paper will discuss the corporate governance under Companies Act, 2013 in theoretical perspective. In addition, it will explain why it is important for any country to follow good corporate governance practices. It discusses on Board composition and Independence, Committees, Disclosures by Directors, Code of Conduct, Role of Independent Directors, Auditors, Duties of Board of Directors, Related Party Transactions, Disclosures in Annual Report, Corporate Social Responsibility etc. The paper gives overall view of the Corporate Governance requirements under Companies act, 2013.

Corporate Governance, Companies Act, 2013, Audit Committee, Board of Directors, Independent Directors, Transparency, Accountability and Responsibility

Volume-2 | Issue-1, December 2017
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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