Corporate Governance Disclosures Practices in Indian Automobile Companies
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Abstract
The main objective of this study is to construct Corporate Governance Disclosure index and to make comparative analysis of Corporate Governance Disclosure Practices by using Index score between Tata Motors and Maruti Suzuki. The comparative analysis reveals that degree of Corporate Governance Disclosure Practices is very good in both the companies. Both automobile companies fulfilled almost mandatory requirements in all sub-indices prepared as per SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Findings suggest that Tata Motors secure more score in comparison to Maruti-Suzuki. So, the later company has more scope to improve its disclosure in its annual report.
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