Phase IFoundation
Background
Overview
This concept is essential for ensuring ethical and sustainable growth of Indian companies in the global arena, attracting foreign investment, and maintaining India's reputation as a responsible economic power. It's also relevant for understanding corporate social responsibility.
Global corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled, especially when operating across multiple jurisdictions. Compliance, in this context, involves adhering to diverse legal, regulatory, and ethical standards in different countries, including areas like ESG (Environmental, Social, and Governance) disclosures and sanctions.