Proxy firm raises corporate governance concerns over MD's salary
This was after proxy advisory IIAS had raised serious corporate governance concerns in the company by asking shareholders not to vote for re-appointing the duo on the company's board
Kurien, Chokhani quit Zee Entertainment board a day before AGM
Voting advisory firm Institutional Investor Advisory Services surveyed 'sell-side' analysts to get a sense of their views on various governance practices in the current environment
While criticising warring IndiGo promoters Rahul Bhatia and Rakesh Gangwal for not attending board meets frequently, IiAS has also made a case for more independent directors on the board
The ratio of CEO-pay to median employee pay, at 62 times, is among the lowest across sectors
The current combative conversation between Tata Sons and Cyrus Mistry is a distraction from the core issue, proxy advisory firm feels
Tata Sons has stated it is beneath its dignity to engage in a public spat on the allegations made by Cyrus Mistry in his email