Global Corporate Governance practices
Board of Directors
The board of directors is responsible for
overseeing the management of the
corporation and ensuring that it operates in
the best interests of its shareholders. The
board is composed of independent directors,
who are not employees of the corporation
Transparency & Disclosure
Corporations are required to disclose their
financial statements and other important
information to the public.
Shareholder Rights
Shareholders have certain rights, such as the right to
vote on major decisions, the right to receive dividends,
and the right to inspect corporate records.
Codes of Conduct and Ethics
Corporations are expected to have codes
of conduct and ethics that outline the
standards of behavior expected from all
employees, executives, and directors
Risk Management
Corporations are expected to have a
comprehensive risk management system
in place to identify, assess, and mitigate
risks.
Stakeholder Engagement
Corporations are expected to engage
with their stakeholders, including
employees, customers, suppliers, and the
communities in which they operate.
 Purpose of principles and recommendations

The aim of these principles and Provide guidance on a range of

recommendations is to promote the
highest standards of corporate
governance and to enhance
transparency and accountability in
the way that corporations are
managed and controlled.
Recommend that companies
issues related to corporate
establish effective communication
governance, including the role of the
channels with their stakeholders and
board of directors, risk management,
take into account the environmental,
transparency and disclosure,
social, and governance (ESG) impacts
shareholder rights, and ethical
of their operations.
behaviour.

To ensure that listed companies in To ensure that listed companies in

India are managed in a fair,
transparent, and ethical manner, and
that the interests of stakeholders
such as shareholders, customers,
employees, and the wider
community are protected.
India are managed in a fair,
transparent, and ethical manner, and
that the interests of stakeholders
such as shareholders, customers,
employees, and the wider
community are protected.