The treatise on Corporate Governance is a maiden attempt to holistically ponder over entire spectrum of Initiatives & Reforms undertaken in developed world and replicated/adapted in Indian setting at one place. The study of corporate governance, relatively a new discipline, has become imperative due to unexpected collapse of high profile giant corporate houses globally. Corporate Governance has now become an integral part of everyday business life. In its zeal to satisfy its five major constituents in a fiercely competitive environment, it has to nurture a culture based on transparency, fairness, accountability responsibility, empowerment and ethics; maintain sanctity of governance standards; accelerate performance; and evolve international best practices.