Mittal Satish K and Zaidi Nida
International Journal of Global Business and Competitiveness
Volume : 10, Issue : 1, 2015
Government is trying to make firms in India follow right corporate governance (CG) policies as a practice for long term sustainable growth of businesses. Right CG practice is a strategy to increase or to sustain the competitiveness of the firm in the market. Competitive strategy is a combination of the ends (goals) for which the firm is striving and the means (policies) by which it is seeking to get there for good CG practices. The purpose of this paper is to study the CG practice in the form of various CG initiatives and parameters, in top 100 companies from NSE-CNX 100 in India. Industry-wise and CG parameter-wise comparison is done for selected companies under study. A descriptive research is done through content analysis to review CG practice of the companies. It is studied by giving rating on various mandatory and non-mandatory CG parameters. This study raises a very important issue of negligence of CG non-mandatory parameter by the companies.