Urvi Chaturvedi, CMR University, Bengaluru
ABSTRACT
Corporate governance serves as the backbone of modern business practices, ensuring accountability, transparency, and sustainability within organizations. The increasing interconnectedness of global markets has amplified the demand for robust governance systems tailored to diverse socioeconomic environments. This research paper delves into a comparative analysis of corporate governance frameworks in India, the USA, and the UAE, exploring their legal and regulatory mechanisms, board structures, and the protection of shareholder rights, particularly minority interests. It traces the evolution of corporate governance from a compliance-focused model to a driver of corporate responsibility and ethics, catalyzed by pivotal scandals such as Enron and WorldCom. By examining the impact of legislative measures like the Sarbanes-Oxley Act and their counterparts in other jurisdictions, this study aims to highlight similarities, divergences, and best practices in governance across these nations. The findings offer valuable insights for policymakers, businesses, and stakeholders seeking to strengthen governance in an increasingly globalized business environment.
