Published Paper Details:

In India, concerns about corporate governance have mostly arisen as a result of economic liberalization, the deregulation of business and industry, and calls for new corporate ethics and more stringent adherence to the law. This research examines the issue of corporate governance disclosure practices in the Indian corporate IT sector, which includes Tata Consultancy Services Ltd., Infosys, Wipro, HCL Technologies, and Tech Mahindra. For this purpose, the researcher has prepared the index in accordance with the obligatory and optional regulations released by SEBI in 2015 and the Companies Act 2013. Corporate Governance disclosure practices of the firms evaluated in the IT industry have been compared using the Kruskal-Wallis test. For the purpose of the analysis, annual reports for the fiscal year 2022-2023 have been taken into consideration. According to the survey, there are only a few variations in following disclosure practices among the companies. All five IT companies disclose almost all of their corporate governance-related information. Infosys is the company to receive the top rating, according to the study. In order to combat fraud and scams, SEBI develops a tight daily Corporate Governance system. However, in order to safeguard shareholder interests and ensure greater transparency in corporate operations, SEBI should adopt even more stringent measures to prevent fraud of any sort and ensure fair trading in the stock market.