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The corporate governance standard at India's top 150 companies has seen an improvement over last fiscal, said Grant Thorton in a report.
The consultancy firm, which did an analysis of the annual reports of the top companies, reported improvement across various parameters including size of the board, women directors and whistle blower mechanism.
Harish H V, Partner, Grant Thornton India said that the improvement in governance practices is due to the new Companies Act and also on market demand. He said that companies with high standards command superior valuations in the long run.
