Governance Issues in India and Australian Business

  • Desh Gupta
  • Shri Bhagwan Dahiya


Governance is defined as the traditions and institutions by which authority is exercised in a country (Kaufmann, Kraay, Zoido-Lobaton, (KKZ) 2002, p. 4). The quality of governance is increasingly seen to be important, as the above quote suggests, to development outcomes and as a very useful paper by Francis (2003) demonstrates, in improving the resilience of emerging economies to shocks emanating from increasing globalisation.


Corporate Governance Purchase Power Parity Minority Shareholder Purchase Power Parity Inside Trading 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Bardhan, P. (1997). ‘Corruption & Development: A Review of Issues’, Journal of Economic Literature 35(3): 1320–46, September.Google Scholar
  2. Bardhan, P. (2003). Political-Economy and Governance Issues in the Indian Economic Reform Process, K.R. Narayanan Oration, Australia South Asia Research Centre, Australian National University, Canberra.Google Scholar
  3. Centre for Youth and Social Development and National Centre for Advocacy Studies (2003). Citizen’s Report on Governance and Development: Social Watch India, 2003. New Delhi.Google Scholar
  4. Court, J. and G. Hyden (2003). ‘World Governance Survey: A new approach to assessing governance’, Transparency International, Global Corruption Report 2003.Google Scholar
  5. Dahiya, S. and D. Gupta (2003). ‘The Current State of Corporate Governance in India’, in Indian Economic Reforms, R. Jha (ed.), Palgrave-Macmillan, pp. 223–37.Google Scholar
  6. Forbes, N. (2002). ‘Doing Business in India: What has Liberalization Changed’, in Economic Policy Reforms and Indian Economic Policy, A. Krueger (ed.), Oxford University Press, New Delhi.Google Scholar
  7. Francis, M. (2003). ‘Governance, Trade Liberalisation and Financial Fragility: Is there a link?’, paper presented at the 32nd Conference of Economists. Manning Clark Centre, Canberra. 29 September.Google Scholar
  8. Galtung, F. (2003). ‘2002 Bribe Payers Index’, Transparency International, Global Corruption Report 2003.Google Scholar
  9. Healy, P. and K. Palepu (2003). ‘System Failure: On how the quest for efficiency corroded US financial markets’, Australian Financial Review, Review, pp. 1–2 amp; 11–12.Google Scholar
  10. Kaufmann, D., Kraay, A. and P. Zoido-Lobaton (2002). Govern ance Matters II: Updated Indicators for 2000/01, World Bank, Washington, DC.Google Scholar
  11. The Economist (2003). ‘Airbus’s secret past’, 14 June, pp. 53–6Google Scholar
  12. The Economist (2003). ‘Special Report India and China: Two systems, one grand rivalry’, 21 June, pp. 21–3.Google Scholar
  13. The Economist (2003). ‘China: Blue Town Blues’, 12 July, p. 26.Google Scholar
  14. The Economist (2003). ‘Expensing Share Options: Out of options’, 12 July, pp. 57–8. The Economist (2003). ‘India: All Yours’, 19 July, p. 24.Google Scholar
  15. Transparency International India (2002). Annual Report for the year 2001–2002. New DelhiGoogle Scholar
  16. Transparency International India amp; Org-Marg Research PVT. Ltd. (2002). Corruption in India: An empirical Study: An Overview. New DelhiGoogle Scholar
  17. Transparency International (2003). Global Corruption Report 2003. Berlin.Google Scholar
  18. UN Secretary-General Kofi Annan (1998). Partnerships for Global Community: Annual Report of the Organisation, United Nations.Google Scholar

Copyright information

© Desh Gupta and Shri Bhagwan Dahiya 2005

Authors and Affiliations

  • Desh Gupta
  • Shri Bhagwan Dahiya

There are no affiliations available

Personalised recommendations