Best Practices in Corporate Governance by Medium Sized Family Managed Public Limited Companies

(Executive Summary)


SPJIMR, one of the top ten among 700 management institutes in India, has pioneered the Family Managed Business program since 1997. The institute has developed an insight into the management and performance of family managed business in India. Thus, when National Foundation for Corporate Governance (NFCG) accredited SPJIMR as an institute for carrying out research and training in corporate governance (CG), it had submitted to NFCG two research proposals :
  1. Pilot Research Study on Corporate Governance in Medium-sized Family Managed Public Limited Listed Companies and
  2. Show-casing Best Practices in Corporate governance by Medium-sized Family Managed Public Ltd. Listed Companies (Two/Three Case Studies)


The following objectives were identified for the present study:

  1. To assess and evaluate Best Practices in corporate governance adopted by selected medium-sized family managed companies
  2. To prepare Two/Three Case Studies to showcase Best Practices in Corporate Governance by these companies
  3. To discuss these Case Studies in the National/International Convention/Round Table in the presence of the CEOs of the companies
  4. To document and publish the Case Studies along with the proceedings of the Convention / Round Table for creating general awareness

The report is divided into two parts. Part I contains 4 chapters and Part II the Three Case Studies.

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Comments / Suggestions / Inputs may please be forwarded to:

The Executive Director
National Foundation for Corporate Governance
E-mail :

Shalini Budathoki
Director (CII), NFCG
E-mail :


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