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https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3960| Title: | Corporate Governance in India: Understanding the History and Peeking into the Future |
| Authors: | Bhattacharyya, Asish K |
| Keywords: | Corporate Governance Hindu Undivided Family (HUF) Limited liability company Managing Agency system Business climate Private capital MRTP FERA Industrial financing Bombay Stock Exchange (BSE) Unit Trust of India (UTI) |
| Issue Date: | Dec-2020 |
| Publisher: | The Financial Research and Trading Laboratory (FRTL), IIM Calcutta |
| Abstract: | The objective of this essay is to share the author’s perspective on the future of corporate governance practices in India. According to Iggers (2005, p 4)), historians agree that there are continuity and direction in history. With that notion, it is essential to understand the past and current practices in developing a perspective on how a particular construct or practice will take shape in the future. Governance practices depend on the internal and external contexts in which business firms operate. This essay endeavours to understand India’s corporate governance journey to develop a perspective on the future of corporate governance in India. The essay will be published in three parts. Part I, included in the current issue, covers the governance during the colonial era and during the command capitalism (1950 – 1990). Part II will cover the governance practices from 1991 to 2020. Finally, Part III will present a perspective on the future of corporate governance in India. The full bibliography will be included in Part III. |
| Description: | Biosketch: Asish K Bhattacharyya is the founder of Nonlinear Insights. He was a Professor at the Indian Institute of Management Calcutta and Indian Institute of Corporate Affairs. Also, he was Director of the Institute of Management Technology Ghaziabad and the Head of the School of Corporate Governance, Indian Institute of Corporate Affairs. Dr. Bhattacharya started the Centre for Corporate Governance at IIM Calcutta. He is a regular columnist for Business Standard for the last 12 years |
| URI: | https://ir.iimcal.ac.in:8443/jspui/handle/123456789/3960 |
| Appears in Collections: | Issue 3, December 2020 |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| Corporate Governance in India.pdf | Corporate Governance in India: Understanding the History and Peeking into the Future | 22.28 MB | Adobe PDF |  View/Open |
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