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This paper is aimed to throw light on ownership patterns prevailing in India and theories of corporate governance. Ownership pattern plays a very important role in every organisation. It reveals the way an organisation has raised capital to fund its organisation. This paper discloses the ownership pattern that companies have to follow and disclose to SEBI, Stock exchanges and in Annual reports. Corporate governance is the set of rules and regulations that an organisation follows to be transparent. SEBI discloses the corporate governance norms that the companies have to follow and disclose in their annual reports. Previous studies have highlighted the theories on corporate governance and revealed how these theories are applicable for organisations. The theories have evolved from agency to transaction cost to social contract theory thereby stating the role of management towards shareholders and stakeholders. India has witnessed many scams which emphasises that a study to be carried out for ownership patterns and corporate governance. Thus, ownership patterns are studied along with corporate governance theories in this paper

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