Corporate governance is about commitment to values and about ethical business conduct. It is about how an organization is managed. This includes its corporate and other structures, its culture, policies and the manner in which it deals with various stakeholders. Accordingly, timely and accurate disclosure of information regarding the financial performance, ownership and governance of the company is an important part of corporate governance. This study is mainly focus on measuring the corporate governance practices adopted by selected Indian companies on various parameters and also to study the implication of governance on the financial performance.