Sebi moots corporate governance norms overhaul for listed companies, wants …
Market regulator Sebi today proposed wide-ranging overhaul of corporate governance norms for listed companies, through measures like checks against unjustifiable CEO pay, greater powers to minority shareholders, an orderly succession planning and hefty penalties for non-compliance.Besides, the regulator has also proposed a new concept of 'Corporate Governance Rating' by independent agencies to monitor the level of compliance by the listed companies and regular inspection by Sebi and stock exchanges.In Read more [...]