Corporate Governance and Segment Reporting: A Study of Indian Multinationals

Authors

Dr. Archana Agrawal

Abstract

This research paper explores the interplay between corporate governance and segment reporting in Indian multinationals, emphasizing their role in promoting transparency, accountability, and strategic decision-making. It examines the evolution of governance frameworks in India, highlighting the impact of regulatory reforms, including IND AS 108, and their alignment with global reporting standards. The study also investigates challenges such as regulatory ambiguities, resource limitations, and disparities in implementation across industries. Drawing on numerical data and qualitative insights, the paper delves into the technological integration shaping segment reporting, the significance of stakeholder collaboration, and the growing influence of Environmental, Social, and Governance (ESG) criteria in reporting practices. Furthermore, it evaluates the economic and operational benefits of robust governance and reporting, such as increased investor confidence and enhanced organizational efficiency. Through an analysis of current practices and emerging trends, this study underscores the transformative potential of advanced technologies, capacity-building initiatives, and global best practices. The findings provide actionable insights for policymakers, corporate leaders, and stakeholders, offering a roadmap to strengthen governance and segment reporting frameworks in Indian multinationals for sustainable growth and global competitiveness.

Keywords

Corporate Governance and Segment Reporting: A Study of Indian Multinationals. Dr. Archana Agrawal. 2015. IJIRCT, Volume 1, Issue 1. Pages 1-10. https://www.ijirct.org/viewPaper.php?paperId=2501079