The important question for companies is that should they be chasing TSI or ESG for its own sake or are their more tangible benefits? And the fear that investors have is whether they will underperform the benchmarks if they shift their gaze from shareholder returns to sustainability? Cyril Amarchand Mangaldas, a leading law firm, organized a day-long seminar in the first week of November to deliberate on the SEBI Committee on Corporate Governance’s Report aka the Kotak Committ

While corporate India is learning from previous experiences of succession planning, its disclosure levels continue to remain a concern. This

Going through the recommendations by the Uday Kotak Committee on Corporate Governance (Kotak Committee), I was pleasantly surprised to note two important recommendations. These are: Risk Management Committee (RMC) of a listed company will now be responsible for cyber security also. This recommendation has been made mandatory for the top 500 companies by Market Capitalisation. Listed entities may constitute an Information Technology Committee (TechComm) which, in addition to t

Shareholders have become more discerning when it comes to voting on resolutions. Since January 2014, 66 resolutions (for companies in the IiAS coverage list) have been defeated by shareholders. This is attributable to multiple factors the enhanced powers of shareholders under the new governance codes: Majority of minority voting increasing institutional ownership: the push from regulators towards a stewardship code and enhanced disclosures on voting patterns and rationale, an