Volume : III, Issue : VIII, August - 2013

Transparency – An Ultimate Key to Reform in Corporate Governance

Kiran Kumar, Chetan Kumar T M

Abstract :

Successful development efforts demand a holistic approach, in which various programs and strategies are recognized for their important contributions to progress and prosperity. Corporate governance is traditionally thought of in the framework of large corporations, shareholders, and oad private sector issues in developed economies and some of the major emerging markets. Many of these issues may seem to bear little relevance to oader development concerns that deal with day–to–day issues of poverty, job–creation, anti–corruption, education, media, and political reform. Just as good corporate governance contributes to the sustainable development prospects of countries, increased economic sustainability of nations and institutional reforms that come with it provide the necessary basis for improved governance. Transparency emphasis as a necessary prerequisite for fair and effective good governance. The core values of corporate governance and core principles of democracy are fairness, transparency, responsibility and accountability

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Kiran Kumar, Chetan Kumar T M Transparency - An Ultimate Key to Reform in Corporate Governance Indian Journal of Applied Research, Vol.III, Issue.VIII August 2013

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