A Study on Corporate Governance Practices of Select Public and Private Sector Banks in India
Author : Jubayeer Ahmed Talukdar and Jaynal Ud-din Ahmed
Abstract :
This paper presents an analysis of corporate governance disclosures from leading private and public sector banks in India spanning from 2015-16 to 2021-22. Using the content analysis technique, the study demonstrates varying levels of compliance and performance among banks, where private sector banks generally exhibiting higher compliance levels compared to public sector banks. Notable strengths include high compliance in audit function and risk management, while weaknesses are observed in areas such as board effectiveness and transparency across both sectors. The implications of this study underscore the importance of continuous monitoring and evaluation of corporate governance practices in banking institutions to ensure transparency, accountability, and risk management. Addressing identified weaknesses can enhance stakeholder confidence and mitigate risks associated with governance failures. Future research could focus on examining specific governance mechanisms, conducting comparative studies between sectors or regions, and tracking governance disclosures over time to understand the evolution of governance practices and their impact on bank performance. The study concluded that fostering a culture of governance excellence is essential for safeguarding stakeholder interests and ensuring long-term sustainability in the banking sector.
Keywords :
Corporate governance, banks, disclosure, stakeholders, public banks, private banks, compliance
