Governance is the issue for which bodies corporate?
a. All commercial and not for profit bodies
b. Not for profit bodies only
c. Listed companies only
d. Limited companies only
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The organizational framework for corporate governance initiatives in India consists of the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). SEBI monitors and regulates corporate governance of listed companies in India through Clause 49.
The board of directors is the primary direct stakeholder influencing corporate governance.
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