Corporate governance as it is understood today in the Indian context is the culmination of the liberalization process. Despite the implementation of certain corporate governance norms, Indian industry is found to be defaulting on compliance. While there certainly are flaws in government's...

The paper revises the idea of stakeholder responsibility, citing a current case of environmental pollution in New Delhi, India. It argues that given the considerable differences among various groups of passive or active stakeholders, interests disintegrate with the passage of time. The case...