Corporate governance in India: Disciplining the dominant shareholde

Authors

Jayanth Rama Varma, Indian Institute of Management Ahmedabad

Document Type

Article

Abstract

Corporate governance problems in India are very different from that of, say, the US or the UK where the issue is essentially that of disciplining the management who have ceased to be effectively accountable to their owners. The problem of the Indian corporate sector is that of disciplining the dominant shareholder and protecting the minority shareholders. The role of two such disciplining forces - the regulator and the capital market has been discussed.

Recommended Citation

Varma, Jayanth Rama (1997) "Corporate governance in India: Disciplining the dominant shareholde," IIMB Management Review: Vol. 9: Iss. 4, Article 20.
Available at: https://research.iimb.ac.in/imr/vol9/iss4/20

Publication Date

10-1-1997

First Page

5

Last Page

18