A Study on Corporate Governance Policies in Hcl Technologies & Infosys

Abstract

Banking sector plays a significant role in India to transform economy towards self sufficiency hence the corporate governance of the banking sector is significantly important. There is a need for the development of new policy framework on corporate governance as well as the proper implementation of existing laws, regulations and guidelines with the equal participation of all relevant stakeholders. Corporate governance has become a topic of increasing interest among the policy makers since it looks at the relationship between the board of directors, shareholders and management. Practice of good governance is important for the better performance of the organizations as can be seen from the analysis of shareholder’s perspectives which shows that high disclosure and stronger enforcement is required for better governance in the bank.