The study analyses the inter-firm differences in the foreign institutional investors' portfolio investment with respect to the firm characteristics for a sample of Indian firms. The firm specific characteristics studied are promoters' shareholding, firm size, systematic risk, price to book...

In 2009, India witnessed the unprecedented exodus of over 500 independent directors from its corporate boards. These mass resignations, triggered in large part by events at Satyam Computer Services and Nagarjuna Finance, focused the spotlight on the role and responsibilities of India's...

This paper examines the largely emasculated role of corporate boards of directors in effectively discharging their fiduciary obligations of promoting and protecting the interests of absentee shareholders. Although legislation and regulation in India, through the Companies Act and Listing...