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Board Structure and Composition in Manufacturing, Telecom and IT and ITeS Industries in India.

By: Contributor(s): Material type: TextTextSeries: IUP Journal of Corporate Governance ; XVIII ( 3)Description: 49-64 pSubject(s): In: MURTHY, E N CORPORATE GOVERNANCESummary: Corporate governance came into being to check the unlawful business practices in the corporate world and safeguard the interests of the shareholders. Lack of corporate governance will have an effect on businesses. Anglo-American model is being followed by the developing nations, particularly by India, for corporate governance. However, the overall corporate governance structure is still at a rudimentary level. The present study examines the relationship between board structure and ownership structure and its composition across different companies listed on Bombay Stock Exchange (BSE) Index in three industries, namely, Manufacturing, Telecom, IT and ITeS. The reason for picking up these industries for the study is that together these three industries contribute more than a quarter of the GDP of India. So it becomes inevitable to study the relationship between board structure and ownership structure in these industries. A two-stage methodology is used--First stage: Analysis of Descriptive statistics, i.e., mean and standard deviation (Liu and Fong, 2010); and Second Stage: Correlation analysis among variables. The results inferred from the work highlight the relationship between board and ownership structure of these three industries. [ABSTRACT FROM AUTHOR]
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Holdings
Item type Current library Call number Vol info Status Notes Date due Barcode Item holds
Journal Article Journal Article Main Library Vol 18, No 3/ 55511284JA4 (Browse shelf(Opens below)) Available 55511284JA4
Journals and Periodicals Journals and Periodicals Main Library On Display JOURNAL/GEN/ Vol 18, No 3 (Browse shelf(Opens below)) Vol 18, No 3 (01/07/2019) Not for loan July-2019 (Vol 18, No 3) 55511284
Total holds: 0

Corporate governance came into being to check the unlawful business practices in the corporate world and safeguard the interests of the shareholders. Lack of corporate governance will have an effect on businesses. Anglo-American model is being followed by the developing nations, particularly by India, for corporate governance. However, the overall corporate governance structure is still at a rudimentary level. The present study examines the relationship between board structure and ownership structure and its composition across different companies listed on Bombay Stock Exchange (BSE) Index in three industries, namely, Manufacturing, Telecom, IT and ITeS. The reason for picking up these industries for the study is that together these three industries contribute more than a quarter of the GDP of India. So it becomes inevitable to study the relationship between board structure and ownership structure in these industries. A two-stage methodology is used--First stage: Analysis of Descriptive statistics, i.e., mean and standard deviation (Liu and Fong, 2010); and Second Stage: Correlation analysis among variables. The results inferred from the work highlight the relationship between board and ownership structure of these three industries. [ABSTRACT FROM AUTHOR]

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