Corporate governance reforms in india

Journal of Business Ethics 37 (3):249 - 268 (2002)

In recent years India has been moving further in the direction of adopting an Anglo-American model of corporate governance. This decision, the result more of international economic and political pressures than public debate, in effect represents a new development strategy for the world's most populous democracy. In light of this situation, it is important to ask two basic questions: 1) why has the Anglo-American model of corporate governance been adopted? and; 2) can it be justified? This paper addresses the first of these questions by distinguish and examining three historical models of governance in India: 1) the managing agency model in the colonial period; 2) the business house model that emerged after independence, and; 3) the Anglo-American model which has recently been adopted (and is still emerging). The second question is approached through an examination of the "development impact" of the new model, as indicated by such measures as growth, employment and respect for shareholder rights.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 45,599
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Corporate Governance Reforms in Developing Countries.Darryl Reed - 2002 - Journal of Business Ethics 37 (3):223 - 247.
Corporate Governance in Nigeria.Boniface Ahunwan - 2002 - Journal of Business Ethics 37 (3):269 - 287.
Corporate Governance in Mexico.Bryan W. Husted & Carlos Serrano - 2002 - Journal of Business Ethics 37 (3):337 - 348.
Securities Market and Corporate Governance of Privatised Firms.Viet Ha Hoang - 2006 - International Journal of Business Governance and Ethics 2 (s 3-4):254-279.
Ethical Issues in the Evolution Ofcorporate Governance in China.OnKit Tam - 2002 - Journal of Business Ethics 37 (3):303 - 320.
Corporate Governance in South Africa.G. J. Rossouw, A. van der Watt & D. P. Malan Rossouw - 2002 - Journal of Business Ethics 37 (3):289 - 302.
Corporate Governance Models in Emerging Markets: The Case of India.Silke Machold & Ajit Kumar Vasudevan - 2004 - International Journal of Business Governance and Ethics 1 (1):56-77.


Added to PP index

Total views
19 ( #474,969 of 2,280,575 )

Recent downloads (6 months)
1 ( #835,594 of 2,280,575 )

How can I increase my downloads?


My notes

Sign in to use this feature