SEBI releases consultative paper on corporate governance rules overhaul

by Paul Joseph on January 5, 2013 · 0 comments

The Securities & Exchange Board of India (SEBI) on Friday issued a consultative paper on corporate governance which proposes requiring the consent of minority shareholders for top executives’ remuneration beyond a particular limit. The capital market regulator compared cases of excessive salaries linked to promoters to `abusive related party transaction.’ read more

[via Stock Watch - Stock Specific News]

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