What are the key objectives of corporate governance? How effective has it been in India? Why has the need for good governance intensified over the last decade? Have the recent developments in the field opened up a wide range of governance issues? This book addresses such debates and provides an insight into advancing and improving corporate governance practices in India. It explores the evolution of corporate governance and discusses crucial aspects such as compensation for executives, gender diversity on Indian boards, ethical business, independent directors, audit committees, corporate governance in state-owned enterprises, and corporate social responsibility. The volume also critically examines important provisions of the Companies Act, 213 along with the revised clause 49. With essays from distinguished academics, practitioners, and research scholars, it brings out contemporary perspectives on the provisions, challenges, and opportunities in the field within a comparative global context.