Corporate Governance: An Overview

Abstract

This chapter presents the background in the concepts and mechanisms of corporate governance and provides the state of corporate governance mechanisms in India.Further the chapter presents the argument that the concept of corporate governance is embedded into the process of resource allocation which ultimately affects the organisational behaviour in general, under the shareholder value maximisation paradigm corporate governance will have an impact on the decision of CSR spending as it is a management decision of resource allocation after the shareholder value is being realized. © 2016, Springer Science+Business Media Singapore.