A Role of corporate governance in manufacturing industry with the special reference to Bajaj- auto

Abstract

Corporate governance in the Indian manufacturing industry plays a crucial role in ensuring transparency, accountability, and ethical business practices. This abstract explores the significance of corporate governance within the context of Bajaj Auto, a leading automobile manufacturer in India. It highlights how Bajaj Auto has implemented robust governance frameworks to maintain investor confidence, comply with regulatory requirements, and foster sustainable growth. By focusing on board composition, stakeholder engagement, and risk management strategies, the study underscores Bajaj Auto's commitment to high governance standards, contributing to its reputation and operational efficiency in a competitive market. The findings demonstrate that effective corporate governance not only enhances corporate performance but also mitigates risks and promotes long-term stakeholder value in the Indian manufacturing sector. Corporate governance encompasses the systems, principles, and processes by which companies are directed and controlled. In the context of the Indian manufacturing industry, effective corporate governance is crucial for ensuring transparency, accountability, and sustainable growth. This study focuses on the role of corporate governance in the Indian manufacturing sector, with a special emphasis on Bajaj Auto, a leading player in the industry. In the manufacturing sector, robust corporate governance practices are essential for maintaining investor confidence, managing risks, and fostering innovation. Good governance helps companies navigate complex regulatory environments, adhere to ethical standards, and improve operational efficiencies.