Volume : III, Issue : VII, July - 2014

Need for Corporate Governance in Small Scale Industry

Vasu Jalari, Dr. M. Devarajulu

Abstract :

Recruits of small scale industries have usually been view as outsider to the corporation. Position and responsibilities of workers within the small scale industry infrequently occupies much space, and worry, in Indian corporate laws. This is simulated in contemporary theories of the corporation, where the dominant paradigm of corporate governance takes a narrow approach, which is constrained to the relationship between directors and workers. Comparative corporate governance, however, provides different views on the position of small scale industrial employees vis-a-vis the corporation. One of the benefits of comparative corporate governance has been to show us an assortment of achievable governance solutions to different problems in SSI sector. There have been important reforms in the area of corporate governance, which provide incentives for enhanced standards of corporate social responsibility and conduct. This study examines ways in which the wellbeing of the employee could be included within the enterprise. Then it discusses the position of the employee might be treated differently through the lens of corporate and labor law principles. Further the paper studies the contemporary endorsed developments and reform proposals outside corporate law, which affect both the position of SSI worker interests and employee participatory rights in corporate governance.

Keywords :

Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Vasu Jalari, Dr. M. Devarajulu Need for Corporate Governance in Small Scale Industry International Journal of Scientific Research, Vol : 3, Issue : 7 July 2014

Number of Downloads : 1159

References :