Importance of Corporate Governance with Special Reference to Whistle Blowing Mechanism

Sanand Elayodath

Abstract


The beginning of the twenty-first century was marked by the emergence of corporate governance, as a solution to the collapse of several high-profile corporations. Corporate governance in India is popularized after the 1990s after the new economic policy and later the collapse of gigantic firms’ reason of misdoings and fraudulent activities. The basic issue behind corporate governance is the separation of ownership and control. Whistle blowing mechanism is a tool to expose misgovern activities in the corporate and bridges the gap between the problem of separation of ownership and control and make the transparency in the company at the maximum possible extent. This paper deals with importance of corporate governance with special reference to whistle blowing mechanism.


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