Study of Relationship between Board Committees and Corporate Governance Practices of Indian Firms

The study of internal corporate governance mechanisms such as board committees plays a crucial role in explaining the variation in corporate governance and disclosure practices across firms. Board committees are fundamental to overall board performance and effectiveness. The three principal committees of the board are audit committee, remuneration committee and nomination committee. Such committees with appropriate monitoring and controlling enhance the performance of the board and ultimately results in a better corporate governance and disclosure practices. Hence, this research focuses in this direction and identifies relationship between board committees and corporate governance and disclosure practices of firms listed in Bombay Stock Exchange (BSE)