Dynamic environment has put forth many challenges for today’s human being; even a common person wants to prove him or herself with the greatest efficiency in present era. Competition is multiplying every day and that has given birth to number of good or bad aspects. Some want to survive in Cutthroat competition by applying unethical practices, while some wants to enjoy healthy competition through ethical and transparent activities. The reaction of both the aspects are obviously, represent in their action positive for the positive action and negative for negative actions. Good governance is the expectations of every stakeholder, specially, shareholder. Governance is related with the controlling of the activity and controlling of the corporate sector can be termed as corporate governance. But the implementation of ‘Corporate Governance’ is not that much simple as its meaning. It is very wide subject and it includes lot of discussion. No doubt corporate governance is recently emerged concept and has taken the attention of each and every country, investors and corporate executives. Corporate governance is the practice, which requires transparency, accountability and  good performance from the corporate executives. It has, its strong base from the internal management of company, to the shareholders’ value as well as corporate social responsibility. Reasons for selecting corporate level units which are functioning in India is to find out whether corporate governance is actually being practiced by the corporate level executives or not