AN OVERVIEW OF CORPORATE GOVERNANCE: INDIA AND CHINA
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https://doi.org/10.55662/Abstract
Corporate governance is a mechanism which helps in directing, controlling and managing the corporate organisation in an efficient manner. This structure of corporate governance may help the corporate organisations to avoid mismanagement, improve the access to the capital, and also to mitigate risk. Corporate governance also brings transparency and make the business organisation more accountable to its investors and other stakeholders. This may also help in the growth of the corporate, may led to new investments and build trust between the shareholders, directors and the managers of the company. Therefore, in this paper the author talks about the importance of corporate governance in the first part of the paper. The second part of the paper will discuss about the corporate governance structure in India as well as in china. The third part of the paper will talk about the role of independent director in the corporate organisation in India and china. In the last part of the paper the author shall talk about whether the independent director is helping in promoting the sense of good corporate governance in an organization.
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