000			01072pab a2200169 454500
008			180718b1998 xxu||||| |||| 00| 0 eng d
100			_aMurthy, K.R.S.
245			_aCorporate governance: a sociological perspective
260			_c1998
300			_ap.1-9
362			_aMar
520			_aThe central issue in corporate governance in India is sociological, argues the author. Promoter families know what should be done but continue to do what is questionable. The inability of non-executive directors to question managements and help them to be more accountable to stakeholders makes boards clubs, rubber stamps and a mere legal formality. The paper critically examines the CII code, compares and contrasts corporate governance practices in USA, Germany, Japan and India taking a sociological-evolutionary perspective and recommends education of boards to play a proper role in the emerging competitive environment in India. - Reproduced
650			_aIndustrial management
650			_aIndustrial management
773			_aASCI Journal of Management
909			_a40403
999			_c40403 _d40403