A Study on Corporate Governance practice in India: Case of Emerging Family Business Groups

	International Journal of Science and Management Studies (IJSMS) © 2025 by IJSMS Journal Volume-8 Issue-3 Year of Publication : 2025 Authors : Laxmi Narayan Guragain DOI: 10.51386/25815946/ijsms-v8i3p101
Citation: MLA Style: Laxmi Narayan Guragain "A Study on Corporate Governance practice in India: Case of Emerging Family Business Groups" International Journal of Science and Management Studies (IJSMS) V8.I3 (2025):1-11. APA Style: Laxmi Narayan Guragain, A Study on Corporate Governance practice in India: Case of Emerging Family Business Groups, International Journal of Science and Management Studies (IJSMS), v8(i3), 1-11.
Abstract: This paper examines corporate governance and disclosure practices within family business groups in India, with a focus on the GVK group. The study analyses data from randomly selected four financial years: 2003-04, 2004-2005, 2009-2010 and 2019-2020. The case study approach concludes that GVK group companies currently adhere to highquality corporate governance practices, complying with both mandated and non-mandated corporate governance norms. Additionally, the study concludes that disclosure practices within the groups companies are characterized by high level of transparency and accountability.
Keywords: Family business groups, corporate governance, disclosure, GVK group, India.
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