IMA Insights

At a recent joint session of IMA’s forums, three industry veterans shared insights on their ‘rebound journeys’ and offered perspectives on the road ahead for the auto sector.

Based on insights from IMA’s 2020 Executive and Board Remuneration Report, this paper highlights some of key trends in female representation, and in male-female pay gaps.

Insights from IMA’s Q4FY21 BCPI survey and perspectives from IMA’s Forum members.

Insights from IMA India’s 2020 Board and Executive Remuneration Report on the linkages between pay and performance at the top-management and Board level.

Following the enactment of regulations mandating the presence of Independent Directors and company Boards, companies listed in India have made considerable efforts to recruit such individuals. While this may have started as an exercise in compliance, it has, over the years, evolved into a self-motivated effort to improve the quality and authority of Boards. However, IMA’s analysis, drawn from its recently published 2020 Executive and Board remuneration report, which analyses Board compensation and non-compensation parameters for over 1800 companies and 16,600 directors, finds that many companies still fall short of the regulatory norms on this count. The podcast offers an analysis.

Ananth Narayan, Associate Professor of Finance at SP Jain Institute of Management and Research, shared his perspective on the Indian economy and on the recently-announced Union Budget.

The remarkable story that has played out in America’s stock market recently pertaining to the GameStop’s scrip points to the emergence of a new category of players in the capital markets: retail millennial investors. In the last few weeks, these new ‘wolves’ have given the old ‘barbarians at the gate’, i.e. hedge funds, a run for their money. The attached paper explains.

Last week, we published the FY20 edition of our Executive and Board Remuneration Report, our annual analysis of Board compensation and governance. The report covered over 16,000 Directors on the Boards of more than 1800 companies.

Genpact Founder and Clix Capital Chairman Pramod Bhasin provided his perspective on what leadership means in the new, post-Covid world order.

Gurumoorthy Mahalingam, a Whole Time Member with SEBI, provided an inside view of what the future holds for India’s corporate debt market, and for governance practices.