Challenges in the Corporate Governance Framework of Indian and Chinese Listed Companies: A Comparative Analysis and the Way Forward

Abstract

In this dissertation, I aim to explore the Corporate Governance (CG) regimes of India and China using CG parameters such as board size and composition, board busyness, board committees, board independence and ownership structure. The reason for undertaking this comparative analysis is that in both these countries, changes to their CG framework were made primarily due to globalization as opposed to the internal domestic requirements like it has been observed in countries such as the United States of America (US) and the United Kingdom (UK). I believe that this relative recency of CG reforms in India and China provides a unique opportunity to study the evolution of institutional and legal settings with respect to CG practices and to identify challenges that assume considerable importance to the shareholders of listed companies in both these jurisdictions.