Corporate governance refers to a combination of laws, regulations,
procedures, implicit rules and voluntary practices which help companies
to perform efficiently and maximize long term value for shareholders and
at the same time looking after the interests of other stakeholders like
buyers, government, society at large etc. Lenders whether national or
international, also look for them for taking exposure in any corporate.
It is a function of transparency and fairness in operations and making
Company as a business organization has become popular over the years.
With the growth in size of these corporates, governance has become all
the more important. SEBI and listing agreements of various stock
exchanges require that the requirements of corporate governance are duly