August 21, 2023

Importance of Corporate Governance and Compliances

ABSTRACT Corporate governance in India encompasses processes, principles, and values that guide company management. High-profile scandals prompted the Securities and Exchange Board of India (SEBI) to implement regulations for transparency, strong boards, preventing insider trading, and protecting minority shareholders. SEBI emphasizes independent boards with at least one-third of independent directors and regulates substantial share acquisitions.

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