Institutional Eye
Commentary on Corporate Governance Issues
31 March 2021 An everyday guide to ESG
Handy definitions of ESG terms and acronyms
19 March 2021 ‘Lessons from The Banker Who Crushed His Diamonds: The YES Bank Story’ Furquan Moharkan
In this guest blog Furquan Moharkan quotes extracts from his just published book ‘The Banker Who Crushed His Diamonds: The YES Bank Story’ and highlights many occasions of visible governance lapses that were overlooked in the banks journey and the consolidation of power with Rana Kapoor.
10 March 2021 The shareholder versus stakeholder debate, rekindled
Is Friedman’s profit maximizations doctrine set for a bounce-back? And what does it mean for companies and investors increasingly focussed on ESG goals?
22 February 2021 Request for comment: Additional criteria for (Re)Appointment of Independent Directors
As part of the annual review of its Voting Guidelines, IiAS is considering changing the way it will recommend on voting on the (re)appointments of Independent Directors. We propose to add three new elements to our criteria. These include being on boards of companies that have ‘failed’, family relationships with the controlling shareholder and over-boarding by partners in consulting firms, law firms, audit firms.
08 February 2021 Stock exchanges – the more the merrier?
It is hard to argue against SEBI’s intent to foster competition for stock exchanges and depositories. However, it is unclear if adding more stock exchanges will accomplish the desired outcome. While ownership regulations are being eased to lower entry barriers, SEBI needs to ensure this be done with stronger guardrails.
27 January 2021 Having your cake and eating it
IiAS: The time is right to consolidate government equity into a holding company
08 January 2021 The rise and fall of a banker
Yes Bank received its license to commence banking the same time Kotak Mahindra Bank did. Yet, sixteen years later, one bank has grown through a combination of cautious lending and prudent management. The other is a different story
06 January 2021 A digital future for loan documentation
Digital documentation and paperless transactions are the future of banking. Augmented by the latest technologies and a supportive regulatory environment online, paperless loans are much more dynamic and convenient and are set to become the future of loan documentation.
04 January 2021 Hits & Misses: The Indian Banking Story
In this guest blog Madan Sabnavis quotes extracts from his just published book ‘Hits & Misses: The Indian Banking Story’ and highlights the trends since financial sector reforms were introduced. It also raises debate on certain issues in governance in banking which goes beyond what we read in the media.
01 January 2021 Expanding the governance agenda
1 January 2021: Even as we put 2020 behind us, the lessons it has taught us and the new way of doing business will tag along to 2021. This year will challenge boards in expanding the scope o