Corporate Governance
Proxy Advisory firms in India have flourished since 2010. And since then it stood as one of the main reasons for shareholder activism in India. Within almost 6 years of its birth, three such research analyst firms have emerged in India. The recommendations and suggestions provided by these firms regarding the voting option are regarding various corporate agendas such as:-independence of the director, corporate restructuring, independent auditors, related party transactions and the like.
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