In contrast to the recent past, there is now widespread concern about the apparent excesses of some pay structures in corporate businesses. Top pay has risen much faster than average levels of pay in the last twenty years. This is in part the consequence of globalisation and developments in...

The concept of independent directors has been successfully imported into corporate governance norms of India. This paper focuses the discussion on independent directors appointed in public sector enterprises. It highlights the urgent need for overhaul due to increasing financial market...