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Are Institutional Nominee Directors Required?

R. H. Patil
Economic and Political Weekly
Vol. 36, No. 46/47 (Nov. 24-30, 2001), pp. 4380-4384
Stable URL: http://www.jstor.org/stable/4411380
Page Count: 5
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Are Institutional Nominee Directors Required?
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Abstract

Given the context of promoter family control of management of companies in India and the relatively poor quality of corporate governance, institutional shareholders would be doing a great disservice to themselves and to the diffused class of small shareholders if they shirk their responsibility of taking interest in the quality of management of the companies in which they have a large shareholding.

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