This paper delves into the complexities of corporate governance within Indian universities, shedding light on its implications for the academic and administrative landscape. It addresses key issues such as the absence of clear guidelines and regulations for governance structures, the lack of independence and autonomy of governing bodies, and the need for diversity and inclusivity in decision-making processes. accountability, and effectiveness within Indian educational institutions. It also discussed that corporate governance influences the leadership structure in Indian universities by promoting accountability, guiding decision-making processes, encouraging strategic planning, managing risks, facilitating stakeholder engagement, and fostering ethical leadership practices. Conclusion & Findings-The conclusion and findings of this paper highlight some of the key points like Challenges Identified in Indian universities, best practices advocated, the Importance of Ethical Principles, and call for improvement: Also, this paper highlights the critical role of corporate governance in shaping the effectiveness and credibility of Indian universities, emphasizing the importance of transparency, accountability, and inclusivity in governance practices to foster a culture of excellence and integrity within educational institutions. Through case studies and critical analysis, the paper underscores the significance of promoting ethical principles, academic integrity, and innovation to elevate the governance standards in Indian universities. KEYWORDS – Corporate Governance, Higher Education Governance Issue.
Read full abstract