CORPORATE GOVERNANCE AND FIRM FINANCIAL PERFORMANCE IN EMERGING ECONOMIES ? A CASE OF SELECTED LISTED COMPANIES IN INDIA.

The present paper professed to review the existing Corporate Governance (CG) Practices in Select companies in India. It would stimulate a scholastic parley on several matters pertaining to the CG practices in elevating corporate performance and stakeholders? value. This article is designed on the CG operation based on the prevailing practices. Both primary and secondary data is used for analysing the backdrop and resilience of good CG practices in the Indian context. This paper seeks the investigation of relationship between corporate governance disclosure practices and firm?s performance of selected listed firms in BSE. The performance of corporate governance is analyzed through Tobin?s Q, while the corporate governance disclosure practices are analysed using S&P scorecard. The data will be obtained from the annual reports of the selected BSE Listed Firms. The article discloses that India?s CG mechanism and disclosure practices are par with the world counterparts. Further the study uses S&P scorecard to measure the disclosure practices of the company and ratios to analyse the firm?s performance. Later on the impact of CGD and Firm?s performance has been studied. The paper is instrumental to the existing literature on CG in the world in general and in the developing economies in particular. As there is very trivial amount of research on the CG in India, it may be useful to the researchers, policy-makers, research bodies and corporates.