Corporate Governance for Future Corporate Governance Executives: A Comparative Study among CA and CS Professionals

Corporate governance is a set of rules that define the relationship between stakeholders, management, and board of directors of a company and influence how that company is operating. At its most basic level, corporate governance deals with issues that result from the separation of ownership and control. However, corporate governance goes beyond simply establishing a clear relationship between shareholders and managers. Corporate Governance gained its momentum in the recent past. Most of the companies are showing less importance to Corporate Governance. There should be awareness of Corporate Governance from the grass root level i. e. , it should be inculcated in professional graduates and students of Chartered Accountants and Company Secretaries. A corporation is a congregation of various stakeholders, namely, customers, employees, investors, vendor partners, government and society. A corporation should be fair and transparent to its stakeholders in all its transactions. This has become imperative in todays globalized business world where corporations need to access global pools of capital, need to attract and retain the best human capital from various parts of the world, need to collaborate with vendors on mega collaborations and need to live in harmony with the community. Unless a corporation embraces and demonstrates ethical conduct, it will not be able to succeed. The present study focuses on understanding level of the concept of corporate governance among CA& CS students and to assess the sources of learning of corporate governance among CA& CS students.