Corporate Governance Disclosure Practices of Banks-A Study Conducted for BSE 200 Banks

Abstract

Governance of banks is crucial for growth and development of the economy. Hence a need was felt for a detailed study in corporate governance of banks. Through this research, an attempt (or) has been made, to fill these gaps and conduct an empirical study, to record the Corporate Governance practices of BSE 200 banking companies, for a period of five years. All the dimensions of governance have improved significantly during the post compulsion period as compared to the pre compulsion period. This is a positive outcome of the stand taken by SEBI, in making it compulsory for all listed companies to disclose governance related issues in their annual reports. All the banks have consciously attempted towards improving the CG disclosure practices, and this is clearly evident in the analysis.