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As investors sit outside the board room looking in, they do not really know which of the directors has been constructive or how much each individual director has contributed
India's corporate landscape is changing, and the economy is set to change with it, notes Amit Tandon
ESG or sustainable Environmental, Social and Governance investment has grown exponentially in recent times
Since no part of the Companies Act deals with chairperson emeritus, these appointments will have to be governed by a formal contract between the company and the individual or under its articles
Are Indian boards too docile when dealing with the State? Should they be more vocal regarding policy?
The relative underperformance of PSU shares in the market reflects all that is wrong with the current ownership and governance structure
The last two decades have been peppered with events like 9/11, the financial crisis, the taper tantrum and now Covid-19, with many regional and consequently less calamitous occurrences
Virtual meetings have no doubt preserved the form of AGM's but have also provided us with a window to rethink their substance
Compensation is payment for what has been done. Performance is all about what has been achieved. Both can be measured. Surely, it cannot be so difficult to link the two
The governance of group companies will increasingly be an area of focus for the Sebi
Independent directors have been in the eye of the storm for their inability to guide companies or being able to stand up to controlling shareholders
Governance is a journey, not a destination
Institutional investors hold 41 per cent of the global market cap, with close to half of it as part of a passive strategy
The separation of the roles of the chairman and MD/CEO was bound to be contentious from the time it was mooted. Surprisingly, it took two years for industry to formally raise this issue
Clearer commercial focus and tighter financial discipline may yield a steady steam of dividends
From principles of prudence and conservatism, which enabled auditors to certify that the numbers are "true and fair", there is a shift to "fair value"
In a perfect world, business and political parties need to maintain a respectful distance. But given the influence policy has on the fortunes of a business, it is naïve to expect this
While Indian companies want to list off-shore, the country's strategic interests are better served if it encourages companies incorporated outside India to list on Indian exchanges
If companies paid out large amount of earnings as dividends, cash accumulation would not be an issue
Company need to understand the investor's perspective to act in best interest of investors