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Corporate governance in India refers to the system of rules, practices, and processes by which a company is directed and controlled. It is primarily concerned with ensuring that a company’s management is accountable to all stakeholders, including equity shareholders, debt holders, customers, suppliers, employees, and the government. In India, the corporate governance framework is governed by the Companies Act, 2013, and the Securities and Exchange Board of India (SEBI) regulations, which provide guidelines for corporate governance practices. Companies are required to comply with these regulations and report their governance practices to stakeholders. Effective corporate governance is seen as crucial for building investor confidence, promoting transparency, and improving the long-term performance of Indian companies.
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