CORPORATE GOVERNANCE AND DISCLOSURE PRACTICES IN INDIA: AN EVALUATIVE STUDY OF MODEST INFRASTRUCTURE PVT. LTD., BHAVNAGAR

In India categorized on the basis of control, liability and incorporation, the corporate governance become highly important. It is easy to tap the public companies and public sector companies through mandatory disclosures of their accounts but private players still remained untouched as many privileges’ are assigned to them under Indian Companies Act 1956. Corporate governance is to monitor corporate companies and public institution. Government monitors companies in several ways through corporate governance. Through this government witness interest of stake holders in companies and at the same time ensures accountability of these companies. Corporate governance is basically a system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The board’s actions are subject to laws, regulations, and the shareholders in general meeting Corporate governance is therefore about what the board of a company does and how it sets the values of the company, but is distinct from the operational management of the company by fulltime. Corporate governance is mainly areas of Infrastructure and corporate accountability; Composition of Board of directors; Corporate social responsibility