Answer to Question #291016 in Management for Rida

Question

Which corporate governance model is followed by the organization? If you feel it appropriate or inappropriate state with valid arguments.

Answer 1

The corporate governance model followed by the organization is Indian corporates model. In India they are governed by the Company's Act of 1956 that follows more or less the UK model. The pattern of private companies is mostly that of closely held or dominated by a founder, his family and associates.