Coporate Governance - a Concern in Mfis in India

Abstract

Over the last few years, increased attention has been devoted to micro financing by academicians interested in development issues. The term corporate governance came into rage following the Asian Economic Crisis in July 1997. Good corporate governance is more than just a high moral value- it is economic value or economic profit. On the 14'*' of October 2010, the World Microfmance Forum, Geneva organized a debate on the need for better corporate governance to ensure the sustainability of the microfmance industry.