Clause 49 of Corporate Governance

The clause 49 of Listing Agreement lists out all the governance activities that listed companies has have to undertake.While all listed companies are bound by Listing Agreement and therefore clause 49 of the Listing Agreement some manage to comply with the mandatory governance activities while other undertake more voluntary activities as well. Finally the corporate governance activities give investor’s confidence and therefore it impacts the market value of the company directly or indirectly. Well governed companies should find it easier to raise capital and should in theory have more market value than the poorly governed companies.


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