Indivisibility of Internal Audit and Corporate Governance - An Intriguing Case Study of Listed Indian Companies

Abstract

This is a research case study on the development of corporate governance concerning some identified indicators which may have a strong bearing on the effect of a more robust internal audit mechanism. Through an analysis on listed Indian companies, it is evident that Internal Audit is instrumental in creating substantial value towards the efficacy of corporate governance by a more vital adoption of Audit Committee, followed by greater public disclosure and embracing a sinewy and a more decisive Board structure.