Corporate Governance and its impact on the Performance of the listed Companies

Abstract

Corporate Governance is recently emerged concept and has taken the attention of each and every country, investors and corporate professionals. Corporate governance in India came into picture by a spate of crises in the early 90’s as well as opening up to the forces of competition and globalization. Corporate governance is the practice, which requires transparency, ccountability and good performance from the corporate executives. This thesis explains about the impact of corporate governance on the performance of listed companies in India. Reasons for selecting listed companies such as BSE listed companies, S&P CNX Nifty 50 companies which are functioning in India is to find out whether corporate governance is actually being practiced by these companies and is Corporate Governance the root cause of the performance of these listed firms. The Introduction was on the concept of Corporate Governance. It elaborated the Corporate Governance Regulations in India for listed companies, summary of review of literature, importance of the study, objectives and hypotheses of the study. The research problems addressed in the present study were, such as: Does corporate governance affects the performance of blue chip companies in India? Is it board composition of the companies which is affecting performance of select central, private and state owned companies? What is the level of C.G disclosures in the public sector undertakings (PSU’s) of India?