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It is widely believed among sustainability practitioners that while the boards have improved significantly in the past few decades; they have not kept pace with the need for real change.Corporate Governance in India by Jayanti Sarkar and Subrata Sarkar provides an excellent overview of contemporary issues in corporate governance in India with primary focus on the corporate governance framework in the country and the relationship between managers and shareowners, as well as other stakeholders.Corporate governance has increasingly become a popular topic in recent years, with many consultants, academicians, and others professing to be experts in the field.Corporate governance, by its very nature, is an extremely diverse and wide-ranging subject, addressing concepts, such as the responsibilities of corporations, the relationships between directors and shareholders, the accountability of boards, the nature and focus of corporate activity, and the role and interests of parties, such as creditors, regulators, and employees, and their importance in the corporate sphere.It is difficult to clarify all aspects of corporate governance in one book, but the authors have been able to cover all key issues on the subject.In developing the book, the authors have taken the general approach to regard the board as being at the heart of corporate governance, so that corporate governance is concerned with both the accountability of the board to the stakeholders
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A 2012 study studied this question.
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