efforts to overhaul the country's corporate governance. These reform initiatives have been revived or accelerated following … comprehensive revision of the Companies Act. This report briefly outlines the process undertaken to reform India's corporate …

exploit a corporate governance reform to address the endogeneity of board interlocks through exogenous changes mandated by the … reform requiring a subset of firms to adjust their board structure. We rely on two difference-in-differences frameworks …, comparing firms affected by the reform to unaffected firms as well as comparing within the set of firms that did not have to …

.Practitioner/policy implications: The most striking observation from the study is that changes that were introduced as a corporate governance reform …

exploit a corporate governance reform to address the endogeneity of board interlocks through exogenous changes mandated by the … reform requiring a subset of firms to adjust their board structure. We rely on two difference-in-differences frameworks …, comparing firms affected by the reform to unaffected firms as well as comparing within the set of firms that did not have to …