Corporate Governance – Theory and Practice

Corporate Governance – Theory and Practice is a comprehensive, pedagogy-driven textbook that examines how corporations are governed—structurally, ethically, strategically, and legally. The author, drawing on over 35 years of teaching and research experience, delivers a rigorous and contemporary treatment of corporate governance that balances conceptual foundations with deep practical insight. This Edition reflects India’s evolving regulatory ecosystem, global developments, and the expanding expectations of stakeholders. It equips students to understand not only what governance mechanisms are, but why they exist and how they operate in real business settings—including boardrooms, capital markets, and crises. Updated to align with the NEP curriculum, the book integrates case-based learning, practical exercises, global comparisons, and assignments aligned with outcome-based education. It is rooted in both theoretical frameworks and corporate failures, illustrating how governance lapses trigger systemic risk, erode shareholder wealth, and provoke regulatory reform worldwide.