5. Definition of Corporate Governance "Corporate Governance is the culture of managing a corporate entity. It is an outcome of accountability, transparency, disclosure and social responsibility. It is the adoption of best corporate practices, wherein all the stakeholders are benefited."
6. Definition of Corporate Governance Corporate Governance is the application of best management practices, compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders”
12. CORPORATE GOVERNANCE CODE / BEST PRACTICES - LEGAL REQUIREMENT, INDIAN PERSPECTIVE Kumar Mangalam Birla Committee N R Narayanamurthy Committee Clause 49 inserted in Standard Listing Agreements of the Stock Exchanges After further study, Revised Clause 49