Corporate Governance Best Practices: An Examination Through the Lens of State Bank of India

Abstract

Corporate governance is a term that has gained a portion of care in the corporate world, particularly after the unexpected collapse of Enron, WorldCom, Xerox, Lehman Brothers, and the Satyam disaster. Poor transparency and inadequate disclosures in annual reports have made it difficult for stakeholders to regulate the overall health of corporations. The banking and financial organizations are the pillars of any economy, and their sound functioning is critical to maintaining a healthy economic condition. This research study is mostly engrossed in assessing the CG practices followed by the SBI on various parameters and examining the consequence of CG on financial performance.