The "corporate governance concept" dwells in India from the Arthshastra time instead of CEO at that time there were kings and subjects. Today, corporate managers and shareholders replace them but the principles still remain the same, unchanged i.e. good governance. While in the India the discussion on corporate governance can be dated back to the birth of East India Company, realization of its importance came in the second half of 1996 where economic liberalization and deregulation of companies started. Since the government no longer had full control over the companies, the need for corporate governance hence the accountability and good management increased. It was in 20"' century that India finally became a fullfledged part of the global market due to liberalization, globalization and privatization. On the other hand, the term became much more prevalent in United States from 1970's onwards. "Corporate Governance" first appeared in the Federal Register in 1976, when the Securities and Exchange Commission brought up the topic. This was after world war 2 when companies were flourishing in the United States. After the financial crisis of 2007, the concept and application of corporate governance received stringency. The collapse of Lehman Brothers bank led to the realization and importance of greater accountability from the company's board and shareholders. This paper aims to look at the United States of America and India, their approaches regarding corporate governance and how the difference in their legal, culture and regulatory environment has an impact on their company's management structure.