Volume : 2, Issue : 5, MAY 2016
CORPORATE GOVERNANCE MECHANISMS IN TATA STEEL LIMITED
Dr. N. K. Pradeep Kumar, Dr. P. Mohan Reddy
Abstract
Corporate governance is a system of law and sound approaches by which corporations are directed and controlled focusing on the internal and external corporate structures with the intention of monitoring the actions of management and directors and thereby, mitigating agency risks which may stem from the misdeeds of corporate officers. Tata Steel Limited is a stalwart and the exemplary performance of Tata Group in the field of corporate governance, with strong code of ethics and excellence in performance. It is well said about Tata’s that 'Good governance has taken root in and spread to all branches of the Tata Group and there is nothing amorphous about that.' It has already set high standards for corporate governance which has to be revered, appreciated and followed by the generations to come. The present paper aims at focusing on the mechanisms of corporate governance in Tata Steel Limited Company.
Keywords
Tata Steel Limited, Corporate Governance, Tata Group
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Article No : 2
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References
- Sukhada, W., Corporate Governance: The Tata Way, The IUP Journal of Corporate Governance, 2007.
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- Himachalam, D., Corporate Governance-Emerging Issues and Global Challenges (Edit.), Excel India Publishers, 2013, New Delhi.
- Annual Report of Tata Steel Limited, 2014-15.
