Ramamohan Rao, T.V.S. creator text xu| 1998 continuing ng p.10-22 Managerial behavior in the light of inadequate board supervision and related issues necessitate a basic reconsideration of the foundations of corporate governance. This paper outlines the basic tenets of corporate governance, contrasts the two basic intellectual traditions in the context of corporate governance (British and American), and surveys some of the research work done in the Indian setting. - Reproduced Industrial management - India Industrial management ASCI Journal of Management 180718