Adrian Bradbury Corporate Governance Essay

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LIMITATION OF THE STUDY
Corporate Governance is a vast area in the corporate regime. This study is closely related to Board independence and its impact on corporate governance. As on December 11, 35, 939 companies have been registered in India. It is impossible to study about the all companies. So that, this study is related only to listed public companies which have compulsion to comply the corporate governance standards under the Companies Act 2013 and the SEBI Regulations.
REVIEW OF LITERATURE
Literatures on corporate governance are generally analyze the origin and development of corporate governance, composition of Board, Board committees and its role in a company. Few studies only directly analyse the Board independence and its impact on company’s performance. Reviewed literatures and the summary of the same are as follows; Adrian Cadbury, Corporate Governance and Chairmanship: A Personal View, Oxford University Press, New Delhi, 2003.
This book was penned by Mr. Adriyan Cadbury who chaired the committee sponsored by Bank of England to discuss issues relating to corporate governance. In this book the author has discussed about the origin and development of corporate governance, composition, contribution, meeting, committees and structure of Board, functions and accountability of Board. He has …show more content…

It contains various national and international corporate governance committees report. In the empirical study, it analysis the compliance of Kumarmangalam Birla Committee’s report, disclosure and transparency practices, financial reporting and auditing reports and share holders protection. It reveals that, the investors always notice the corporate governance of companies and they invest in the company securities according to the corporate governance practice. It suggests making a sound theoretical framework on corporate governance through joint research between the academia and

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