-
Jul 22, 2014
-
Sebi advisory board moots separate governance norms for big corporates
To ensure focused enforcement of corporate governance norms, capital market watchdog Sebi's international advisory board has suggested separate governance standards for "big and complex business groups".
The suggestion comes at a time when India is gearing up for revised norms on various aspects of corporate governance, including those pertaining to related party transactions and independent directors. Besides, the board has proposed the integration of disclosures made by entities under different regulations to reduce the number of times the same disclosure is to be made by an individual.
Source -
http://www.financialexpress.com
|