5 research outputs found

    Securities Management and Compliances – An Umbrella Mechanism to Ensure Better Corporate Governance in Securities Market

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    The Indian economy has consciously shifted from a controlled one to a market driven one. In the process, several developments have unfolded. Indian corporates need to assimilate these developments in order to survive and flourish amidst global competition. They can aspire to reach their goals with success if they pursue the right means. Good governance is the means to that end. Corporate governance extends far beyond the confines of corporate law. The quality, quantity and frequency of financial disclosures, the extent of exercise of fiduciary responsibilities and duties by the boards towards shareholders and stakeholders, accountability and transparency in corporate functioning for maximizing shareholders, wealth are the progressive elements and indeed the underlying spirit of corporate governance. Corporate governance today is a strategic necessity where focus is on quality of governance. Capital and investments from international investors are available to corporates demonstrating good governance practices and thus helping them both in procuring capital at competitive rates and also in employing and retaining the intellectual capital
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