Investment decisions in India hinge on corporate governance standards: IFC2 min read . Updated: 11 Dec 2019, 11:38 AM IST
- The study suggests that 44% of BSE 100 companies had directors abstaining from voting on related party transactions
- While many companies are following Sebi mandated governance norms, there is a push back citing ‘ease of doing business’
Mumbai: Corporate governance assessments will have a pivotal role in investment decisions in India, even as managements focus on short-term measures to sail through the slowdown and the crisis in the aftermath of the collapse of two large non-banking financial companies (NBFC), according to the International Finance Corporation (IFC).
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