Corporate Governance Practices through Board of Directors: A case study of Reliance Industries Limited

Corporate Governance (CG) practices have emerged as a fundamental theme of modern corporate regulatory system. In simple terms, corporate governance refers to a code of conduct adopted by the management of company while exercising its powers. The present study is an attempt to assess the CG practices through of Board of Directors of Reliance Industries Limited (RIL) for the period 2014-15 to 2016-17. The findings of the study reveal that RIL has complied 100% compliance on several aspects of board of directors as per Clause 49 of the listing agreement of SEBI during the selected years under study. Thus, RIL has shown good performance in maintaining the CG standards and attaining the quality of governance practices through board of directors. In fine, CG through board of directors of RIL is based on the principles of integrity, fairness, equity, transparency, accountability and commitment to values.