CORPORATE GOVERNANCE IN EMERGING ECONOMIES: AN INDIAN INSIGHT

India is emerging as one of the fastest growing economy on the global platform. Being a mixed economy it has both the public and private sector functioning but corporate governance practices of both the public and private sector firms is a constant debatable. Private sector companies are highly efficient and productive, their prime focus is on profiteering whereas socioeconomic development tops the agenda of public sector companies. Corporate governance practices of both the public and private limited companies in India is the focal point of our study. It comprises of 242 firms listed on Bombay Stock Exchange (BSE) for the period of 2015 to 2019. In order to check the validity and the level of significance of the hypothesis we applied various statistical tool and tests. On the basis of the results of the statistical analysis it is found that the corporate governance practices of private sector and the public sector companies are not the same. It is further observed that the corporate governance practices of public sector firms are better as compare to the private sector