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Abstract
In a world of globalization, the concept of corporate governance has occupied an important place. Today, companies are demonstrating high quality governance by attracting foreign investors, global fund raising and by operating in the international arena. The key principle for success is to ensure that growth is sustainable and inclusive. Out of various critical aspects of corporate governance, the current study aims at investigating the corporate governance practices followed by Indian companies by taking Clause 49 (Revised) of the SEBI listing agreement as the benchmark. Clause 49has brought out a landmark transformation to improve the quality of disclosure of the Indian companies.