Corporate Governance in Banks: A Feeble Wind on their Sail

Abstract

The implicit association between firm's success and good corporate governance standards does not find its bold footprint apparently but following corporate collapse the root can easily be traced in the weak corporate governance mechanism. Since April, 2009 the Banks crossed the threshold of Basel II norms wherein corporate governance also receives due acknowledgement in promoting transparency, accountability, and disclosures abiding by the market discipline. A mere report on corporate governance disclosed by the Banks bears no meaning unless its different cells are weighed separately. In this paper the efficacy of Bank's corporate governance practice has been attempted to gauge constructing a disclosure index under different dimensions the Basel II norms carved for banking industry.