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VOL. 7, ISSUE 1 (2025)
Corporate Governance practices of FMCG Sector in India
Authors
S Deepika, J Antony Nancy, Dr. A Morarji
Abstract
Corporate governance in
the FMCG business is critical for guaranteeing accountability, transparency,
and ethical compliance. This study investigates the governance procedures of
India's largest FMCG firms, which include ITC Ltd., Dabur, Marico, Godrej, and
Hindustan Unilever Limited (HUL). The sector's distinguishing features, such as
complicated supply chains and severe regulatory standards, requires strong
governance structures. These frameworks rely heavily on effective board
composition, risk management techniques, compliance processes, and sustainable
activities. The report focuses on various measures taken by corporations, such
as ITC's Code of Conduct and Dabur's Direct Touch Initiative, which demonstrate
their commitment to good governance while tackling industry-specific
difficulties. Furthermore, it emphasizes the importance of incorporating
sustainability into governance systems in order to encourage environmental and
social responsibility. By studying corporate governance reports, the study
identifies parallels and variances in procedures, providing significant
insights into how FMCG companies navigate risks and develop stakeholder trust
in a competitive landscape.
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Pages:12-15
How to cite this article:
S Deepika, J Antony Nancy, Dr. A Morarji "Corporate Governance practices of FMCG Sector in India". International Journal of Management and Commerce, Vol 7, Issue 1, 2025, Pages 12-15
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