Relationship between Corporate Governance and Companies Act
ISSN
2349-5162
Cite This Article
"Relationship between Corporate Governance and Companies Act", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 2, page no.1726-1737D, February-2021, Available :http://www.jetir.org/papers/JETIR2102209.pdf
This paper tries to seek out the connection between the companies Act,2013 and corporate governance within the company where, in the introductory part different definitions of corporate governance have been discussed alongside the historical emergence of corporate governance. Here, the connection between corporate governance and also the new companies Act,2013 has been discussed with emphasis on Corporate Social Responsibility norms under the said Act as CSR may be a vital part of corporate governance. In the second part of the paper, the legislative history of the Companies Act has been discussed alongside the objectives of the said act and its impact on corporate governance. Where the position and role of an independent director under the Companies Act are discussed intimately alongside the duties of directors that are envisaged within the Companies Act of 2013. In the last part of this paper, Satyam Scandal and changes that were adopted in corporate governance structure are discussed because this scandal plays a crucial role in structuring the corporate governance of the country and therefore the Companies Act has adopted many provisions due to this failure in governance.
"Relationship between Corporate Governance and Companies Act", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 2, page no. pp1726-1737D, February-2021, Available at : http://www.jetir.org/papers/JETIR2102209.pdf
Publication Details
Published Paper ID: JETIR2102209
Registration ID: 306352
Published In: Volume 8 | Issue 2 | Year February-2021
"Relationship between Corporate Governance and Companies Act", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 2, page no. pp1726-1737D, February-2021, Available at : http://www.jetir.org/papers/JETIR2102209.pdf