Yes Governance Matters: Whose Director Are You Anyway?
Posted by By nishithadmin at 27 July, at 18 : 21 PM Print
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WHOSE DIRECTOR ARE YOU ANYWAY?
This article was first published by ET on 27 July 2023.
SUMMARY
An experienced VC or PE investor can bring significant benefit to the board of an investee company and help avert governance issues by appointing a nominee director to a company’s board along with negotiated control and voting rights. Nominee directors play a vital role in ensuring the company’s decisions are in the shareholders’ best interest. They bridge the gap between investor and company interests, allowing investors to participate in decision-making and protect their interests.
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– Maulin Salvi & Sahil Kanuga
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DISCLAIMER
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