Indian Private Sector Versus Public Sector Firms : A Comparison of Corporate Governance and Disclosure Practices

In this research, the corporate governance and disclosure practices of private sector as well as public sector firms listed in S&P BSE sectoral indices were studied. In this study, corporate governance and disclosure scores of firms are measured by using index methodology. The sample firms represent different sectors viz. Metal, Oil & Gas, Power, FMCG, Health Care, Consumer Durables, Capital Goods, Auto and IT. From each sector, top 6 firms as per market capitalization were selected for the study. These 54 firms selected from 9 different sectors are studied for the financial year 2011-12. According to this study, there is no significant difference in the corporate governance and disclosure score of firms across public and private sector firms