Open Access
Research Article
Challenges in implementing corporate governance : A study of board and managers’ perspectives in India
*S. K. ChhabraCorresponding authorsatishchhabra28@gmail.comAmity University NoidaNoida, Uttar Pradesh, 201301, IndiaView full profile → , Balvinder Shuklabshukla@amity.eduAmity University NoidaNoida, Uttar Pradesh, 201301, Indiahttps://orcid.org/0000-0001-9745-468XView full profile → , Archana Chandraachandra5@amity.eduAmity University NoidaNoida, Uttar Pradesh, 201301, IndiaView full profile →
* Corresponding author · click or hover a name for details
- Received:
- 01 Nov 2025
- Published Online:
- 01 Jun 2026
- Article type:
- Research Article
- Language:
- EN
- Article no.:
- JIOS-2142
- Pages:
- 2345–2362
Abstract
The study examines the challenges encountered by governing boards and managers in the successful execution of corporate governance practices and compliances in Indian companies. Despite extensive research on corporate governance, there exists a gap in understanding the issues faced in practice, especially within the Indian context. Drawing from a comprehensive review of relevant literature, including studies on stakeholder protection, corporate governance mechanisms, firm performance approaches, and theoretical frameworks, various committee reports, the present study aims to highlight the unique challenges and obstacles hindering effective governance implementation. Methodologically, the study adopts a qualitative approach to corporate governance metrics and performance indicators. Through the integrated approach, the study seeks to uncover underlying patterns, perceptions, and barriers that influence governance practices and outcomes. Further, the study delivers a deeper understanding of the practical hurdles faced by boards and managers in navigating the complex corporate governance landscape in Indian companies. The study also provides recommendations for effective governance and sustainable business practices.
Keywords
Subject Classifications
90B50
References
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