Enforcement of Transparency and disclosure requirements through SEBI Regulations – A Study

There are kaleidoscopic hues that surround the concept of corporate governance. One can articulate on the concept until the cows come home and yet fail to arrive at a universally acceptable definition to the term. James D.Wolfensohn, the former President of the World Bank, succinctly defined Corporate Governance as” a concept which promotes corporate fairness, transparency and accountability”. Central to the theme of governance is the need for ensuring fairness and transparency which should be pervasive in the Organization and percolate down to every level of the corporate hierarchy and functions.