A distinguishing characteristic(s) of corporate governance in India is the importance of:

Question

Quizplus · Accepted Answer

Corporate governance in India is characterized by a mix of government ownership, family ownership, and large industrial group ownership. The Indian government has a significant ownership stake in various entities, particularly in the public sector. Additionally, family-owned businesses are prevalent in India, with a large number of companies being controlled by a single family or a few individuals. Finally, several large Indian industrial groups, such as the Tata Group and the Birla Group, hold significant stakes in various Indian entities, often through cross-holdings and complex ownership structures. Thus, all of the options mentioned in the question are important distinguishing characteristics of corporate governance in India.

A Distinguishing Characteristic(s) of Corporate Governance in India Is the Importance