Corporate governance and disclosure practices in Infosys Limited

This article has an effort made to evaluate the status of compliance of key governance parameters in Infosys an IT based Company in line with the statutory and non-mandatory requirements stipulated by the revised Clause 49 of the (SEBI) Listing Agreement as also the provisions required by the companies Act 1956. The major focus of this study is on Composition of Board of Directors, Audit committee and Shareholders Grievance committee etc., It is observed from this study that corporate governance and disclosure practices followed by Infosys companies are very effective on par with information standards. In fact, Infosys reports have set a benchmark for the other corporate houses to follow in improving their standards of corporate governance with respect to quality, transparency, full disclosures and in-depth reporting.