IJNRD Research Journal

WhatsApp
Click Here

WhatsApp editor@ijnrd.org
IJNRD
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)

Call For Paper

For Authors

Forms / Download

Published Issue Details

Editorial Board

Other IMP Links

Facts & Figure

Impact Factor : 8.76

Issue per Year : 12

Volume Published : 9

Issue Published : 96

Article Submitted :

Article Published :

Total Authors :

Total Reviewer :

Total Countries :

Indexing Partner

Join RMS/Earn 300

Licence

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Published Paper Details
Paper Title: ROLE OF INDEPENDENT DIRECTORS IN CORPORATE GOVERNANCE
Authors Name: Chaya Singhal
Download E-Certificate: Download
Author Reg. ID:
IJNRD_212866
Published Paper Id: IJNRD2402306
Published In: Volume 9 Issue 2, February-2024
DOI:
Abstract: Clients, employees, shareholders, and investors are just a few of the several stakeholders that a corporation serves as the focal point for. It is a tool that can raise a sizable amount of money for business endeavours. Every business choice should be transparent and fair to the company's stakeholders. Investment is attracted to and secured by an organisation with excellent corporate governance and a competent board of directors. “Independence of the board is crucial to ensuring that it fulfils its tasks impartially and holds the management accountable to the” corporation. Having an independent director is the answer, according to accepted practises across jurisdictions. “Section 149(4)” of the Companies Act, 2013 , mandates “that each listed public company's board of directors shall consist of at least one-third Independent” directors. Independent directors' role in corporate governance has come under more criticism in recent years. Others contend that the boardroom atmosphere has improved as a result of the emergence of the concept of “Independent Directors”. It has “been viewed by many as a substantial deterrent to fraud and subpar” management. The independent directors, in principle, don't have any special ties to the company, so they can cast votes objectively and take part in other business affairs. Yet, the “Independent director” may be fired by a majority vote of the shareholders. Specifically, the “role of independent directors in corporate governance” is examined in the current research paper together with the situation of the Indian business sector today. The organisational framework of corporate governance will be enhanced, the interests of all stockholders will be respected, and the rights and interests of small- and medium-sized investors will be safeguarded through the appointment of independent directors. Using the Satyam case study of unethical behaviour and phoney audit, this paper will also optimise the independent director system.
Keywords: Corporate Governance”, Public company, Independent Directors, Companies Act 2013, Board of Directors, Stakeholder, minority
Cite Article: "ROLE OF INDEPENDENT DIRECTORS IN CORPORATE GOVERNANCE", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 2, page no.d62-d74, February-2024, Available :http://www.ijnrd.org/papers/IJNRD2402306.pdf
Downloads: 000118771
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID:IJNRD2402306
Registration ID: 212866
Published In: Volume 9 Issue 2, February-2024
DOI (Digital Object Identifier):
Page No: d62-d74
Country: Bangalore, karnataka, India
Research Area: Other
Publisher : IJ Publication
Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2402306
Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2402306
Share Article:
Share

Click Here to Download This Article

Article Preview
Click Here to Download This Article

Major Indexing from www.ijnrd.org
Semantic Scholar Microsaoft Academic ORCID Zenodo
Google Scholar ResearcherID Thomson Reuters Mendeley : reference manager Academia.edu
arXiv.org : cornell university library Research Gate CiteSeerX PUBLON
DRJI SSRN Scribd DocStoc

ISSN Details

ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016

DOI (A digital object identifier)


Providing A digital object identifier by DOI
How to Get DOI? DOI

Conference

Open Access License Policy

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Creative Commons License This material is Open Knowledge This material is Open Data This material is Open Content

Important Details

Social Media

Licence

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Join RMS/Earn 300

IJNRD