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Contribution to Book
Corporate Governance and Disclosure Practices of MNC Subsidiaries and Domestic Firms: An Empirical Study from India
Global Performance Challenges: Building and Sustaining Competitiveness (2014)
  • Pankaj M Madhani
Abstract

Prior research suggested that Indian domestic firms were disclosing less compared to MNC subsidiaries in India. However, this research finding empirically proved that subsidiaries of MNCs are no better in disclosure practices than domestic Indian firms. It is mainly because of improvement in corporate governance norms and rules mainly in the form of Clause 49 of listing agreement have considerably improved corporate governance and disclosure practices of Indian firms.

Keywords
  • Corporate governance,
  • Disclosure practices,
  • Globalization,
  • MNC subsidiaries,
  • Clause 49
Publication Date
2014
Editor
Padmakali Banerjee, Vikas Madhukar, Ashutosh Kumar
Publisher
EXCEL India Publishers
ISBN
978-93-8384-274-2
Citation Information
Pankaj M Madhani. "Corporate Governance and Disclosure Practices of MNC Subsidiaries and Domestic Firms: An Empirical Study from India" 1stNew DelhiGlobal Performance Challenges: Building and Sustaining Competitiveness (2014)
Available at: http://works.bepress.com/madhani/146/