Book contents
- The Cambridge Handbook of Shareholder Engagement and Voting
- The Cambridge Handbook of Shareholder Engagement and Voting
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- In Memoriam
- Abbreviations
- Introduction
- Part I Asia
- 2 Shareholder Voting and Engagement in China
- 3 Shareholder Engagement and Voting in Hong Kong
- 4 Shareholder Engagement and Voting in India
- 5 Corporate Governance and Shareholder Engagement Practices in Indonesia: A Shifting Paradigm
- 6 Shareholder Engagement and Voting in Japan
- 7 Shareholder Engagement and Voting in Singapore
- 8 Shareholder Engagement and Voting in South Korea
- 9 Shareholder Voting and Engagement in Taiwan
- Part II Australia and North America
- Part III Europe
- Part IV Comparative Perspectives
- Index
4 - Shareholder Engagement and Voting in India
from Part I - Asia
Published online by Cambridge University Press: 10 September 2022
- The Cambridge Handbook of Shareholder Engagement and Voting
- The Cambridge Handbook of Shareholder Engagement and Voting
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface
- In Memoriam
- Abbreviations
- Introduction
- Part I Asia
- 2 Shareholder Voting and Engagement in China
- 3 Shareholder Engagement and Voting in Hong Kong
- 4 Shareholder Engagement and Voting in India
- 5 Corporate Governance and Shareholder Engagement Practices in Indonesia: A Shifting Paradigm
- 6 Shareholder Engagement and Voting in Japan
- 7 Shareholder Engagement and Voting in Singapore
- 8 Shareholder Engagement and Voting in South Korea
- 9 Shareholder Voting and Engagement in Taiwan
- Part II Australia and North America
- Part III Europe
- Part IV Comparative Perspectives
- Index
Summary
Concentrated ownership, role played by promoters in companies and their cross shareholdings in group companies raise concerns about shareholder engagement and voting in Indian companies. The Companies Act, 2013 along with regulations of the Securities and Exchange Board of India is believed to have expanded the rights of shareholders. A pilot study for writing this chapter has been conducted to assess the shareholders engagement and voting pattern in Nifty 50 companies listed on National Stock Exchange, India. The Companies Act allocates powers to shareholders and company boards, but shareholders’ supremacy is reflected in general meetings of the company. The chapter has covered different types of shares ranging from simplest one share one vote to shares with differential voting rights and superior voting rights along with other rights of shareholders in general meetings. Impact on voting pattern during virtual meetings allowed during pandemic have also been observed in the chapter.
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- Publisher: Cambridge University PressPrint publication year: 2022