The need for improvement in Indian Corporate Governance Practices Part I

Bar & Bench April 12 2010

Shubi looks at the impact of the Satyam scandal and analyses the need for improved corporate governance practices in India.

The Satyam scandal stunned the Indian business community and shook the confidence of foreign investors in Indian corporate governance.  Naturally, questions have since been raised about investing in a country where corporate governance standards have apparently not kept pace with a rapid rise in economic power.  This is unfortunate because the scandal occurred against a backdrop of steadily improving governance practices in India.  However, to be sure . . .

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