Document Type

Working Paper

Abstract

Effected in required standards of corporate governance, there is also some concern regarding overly increasing compliance and regulatory costs and efforts for companies as well as their independent directors. Among the major provisions of the Act are those of restraining voting rights of interested shareholders on related party transactions, recognition of board accountability to stakeholders besides shareholders, and extension of several good governance requirements to relatively large unlisted corporations.

Publication Date

1-4-2014

Publisher

Indian Institute of Management Bangalore

Relation

IIMB Working Paper-447

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