Based on a content analysis study, this paper examines corporate governance reporting by 30 Indian companies, which form the BSE Sensex. Using the regulation of Securities and Exchange Board of India, the findings indicate that though the firms are providing information related to all the nine dimensions of corporate governance reporting, a deeper analysis indicates that the disclosures are still inconclusive and the variation within the companies is also high. Using ordinary least squares regression method, the significant determinants of corporate governance disclosures are size of the company, number of independent directors, and overseas listing status.

Like many other management philosophies, there has been increasing, worldwide attention paid to corporate governance. Corporate governance initiatives in India began in 1998 with the Desirable Code of Corporate Governancevoluntary code published by the Confederation of Indian Industries (CII), and the first, formal, regulatory framework for listed companies specifically for corporate governance, established by the Securities and Exchange Board of India (SEBI).