Corporate Governance: A Case Study of Satyam and Tata.

Market-oriented economy and increased cross-border transactions have augmented the
importance of the law in the development of the nation. Corporate governance has, thus,
evolved in order to safeguard the interests of the public in the management of the company’s
affairs. Good corporate governance, however, needs the firm’s commitment in adopting
ethical practices while dealing with all its stakeholders in the global prospective. Developing
economies like India, still suffers with many issues regarding the corporate governance.
There is a need for implementing globally accepted standards and principles for monitoring
corporate activities in order to achieve the overall objective of corporate governance.
Corporate governance is a necessity for long-term sustainability.