Corporate Governance Reforms in India: A Comparative Analysis of SEBI Guidelines and International Standards

Abstract

Overall, this study presents a comprehensive analysis of corporate governance reforms in India, specifically focusing on Securities and Exchange Board of India's (SEBI) regulatory framework and its alignment with global best practices. By examining the evolution of corporate governance in India, the report underscores the importance of transparency, accountability, and shareholder protection in fostering a healthy business environment. The comparison of SEBI's regulations with international standards provides valuable insights into the strengths and weaknesses of India's corporate governance system. This analysis can help policymakers and regulators identify areas for improvement and promote best practices in corporate governance. Furthermore, the study highlights the role of SEBI in driving corporate governance reforms in India and emphasizes the need for continued efforts to enhance transparency and accountability in the country's businesses. By benchmarking against global norms, this research offers a roadmap for promoting a culture of good governance in Indian companies. In conclusion, this study is a valuable resource for stakeholders interested in advancing corporate governance in India. By examining SEBI's regulatory framework in the context of global best practices, the report offers important recommendations for strengthening corporate governance standards and promoting sustainable business practices in the country.