Varun Gupta Talks About the Impact of Corporate Governance on Independent Directors

Varun Gupta, Managing Director and Asia Pacific Leader in the Duff & Phelps Valuation Advisory practice, was recently featured in The Economic Times. He shared his views on how corporate governance practices are affecting board of directors in India. Independent directors are now reviewing their role in the companies that bring them on board. These directors, who earlier maintained a low profile, are now taking on more of an activist role.

Varun comments: “Many independent directors of large, listed companies have reached out to us for valuation services because they don’t want to rely on management or promoters. They are seeking independent advice on issues like open offers or divestment of non-core businesses and often they want our report to be addressed to them rather than the company or the management.”

Read the full story here.

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