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Executive compensation in India: Summing up the Infosys controversy

The Infosys episode shows how tricky it is to toe the line of corporate governance in India

Soumya Kanti De Mallik & Debarupa Agarwala 

Ever since the global financial crisis of 2008, executive compensation around the world has been caught between the fine balancing act of rewarding performance and inviting public backlash. What makes it even more interesting is when the backlash comes not from the public but from the very founders of the company itself. The controversy that erupted in Infosys in India over the last one year is a classic example of the latter. Many founders of Infosys including NR Narayana Murthy, with an aggregate stake of 12.75 percent in the company, had publicly raised concerns over the ...

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First Published: Fri, June 09 2017. 16:32 IST
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Executive compensation in India: Summing up the Infosys controversy

The Infosys episode shows how tricky it is to toe the line of corporate governance in India

The Infosys episode shows how tricky it is to toe the line of corporate governance in India Ever since the global financial crisis of 2008, executive compensation around the world has been caught between the fine balancing act of rewarding performance and inviting public backlash. What makes it even more interesting is when the backlash comes not from the public but from the very founders of the company itself. The controversy that erupted in Infosys in India over the last one year is a classic example of the latter. Many founders of Infosys including NR Narayana Murthy, with an aggregate stake of 12.75 percent in the company, had publicly raised concerns over the ... image
Business Standard
177 22

Executive compensation in India: Summing up the Infosys controversy

The Infosys episode shows how tricky it is to toe the line of corporate governance in India

Ever since the global financial crisis of 2008, executive compensation around the world has been caught between the fine balancing act of rewarding performance and inviting public backlash. What makes it even more interesting is when the backlash comes not from the public but from the very founders of the company itself. The controversy that erupted in Infosys in India over the last one year is a classic example of the latter. Many founders of Infosys including NR Narayana Murthy, with an aggregate stake of 12.75 percent in the company, had publicly raised concerns over the ...

image
Business Standard
177 22