It’s The Incentives, Stupid!
By Mandar Kagade, Analyst, Bharti Institute of Public Policy, ISB This article was first published in Moneycontrol.com on March 25, 2014 In a recently held Board meeting, the Securities & Exchange Board of India (“SEBI”) has decided to amend the Listing Agreement and disallow public listed companies from remunerating their Independent Directors using stock options. This move [...]
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