International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
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RAISING THE BAR ON CORPORATE GOVERNANCE: AN OVERVIEW OF COMPANY ACT-2013
1 Author(s): RADHEY SHAYAM
Vol - 5, Issue- 1 , Page(s) : 494 - 505 (2014 ) DOI : https://doi.org/10.32804/IRJMST
Most of the countries are prioritizing corporate governance changes in order to improve business performance and assist corporate sectors in attracting outside investment. As a result, through amending the existing Companies Act, the governments are searching for measures to improve corporate governance procedures in the corporate sector. The Indian government's enactment of the Company Act of 2013 is also an important step in this direction. The much-anticipated Companies Act, 2013 received presidential assent on August 29, 2013, although the route to its enactment began in 2004 with efforts by the then-government to replace an ineffective statute.