Corporate Governance in India

Corporate Governance in India has seen a paradigm shift and has been posing new set of challenges to the top echelons of management in various organizations includingorganizations from the financial sector. The increasing stringencies and tighter regulatory mechanism have been the compelling reasons for the companies to have stronger focus and orientation on smooth implementation of the corporate governance code in India. The paradigm shift in the manner in which business is conducted across the world in the digital era, warrants a synchronization of the regulatory mechanisms to tackle frauds & to safeguard the interests of various stakeholders. Aclear understanding of the various changing dimensions and perspectives optimally backed by the collective will power of the corporate world as well as the government will ensure the accomplishment of shareholders’ objectives by the various organizations

Keywords: Corporate Governance, Corporate governance code, Audit committee