Issue Details

THE ROLE OF CORPORATE GOVERNANCE IN INDIA’S INCREASINGLY SUSTAINABLE BUSINESSES

ABSTRACT

This research paper looks at how corporate governance might encourage sustainable business strategies in India. Indian businesses are rapidly adopting sustainability as a fundamental driver of long-term value creation as environmental, social, and governance (ESG) considerations gain prominence in the international economic landscape. However, strong corporate governance structures that align the interests of different stakeholders and ensure accountability are necessary for effective implementation of sustainable practises. Considering India’s large population, varied ecosystems, and complex social and economic concerns, the study begins by emphasising the relevance of sustainability in this setting. Next, it delves into the connection between good corporate governance and long-term viability, focusing on how ESG can be factored into business operations through effective governance systems. This article examines recent developments in corporate governance in India, with a particular emphasis on the Companies Act and the regulations issued by the Securities and Exchange Board of India. Independent directors, board composition, and board committees are all discussed in relation to their responsibilities in monitoring risks and possibilities associated with sustainability.

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