20 December 2011

Proxy advisory firm - recommendation on voting for listed companies

I had been hearing about the proxy advisory firm Ingovern and visited their website to see what kind of voting recommendations they make for Indian listed companies. They give access to detailed reports only to paying clients, but the samples available at http://www.ingovern.com/ are quite fascinating. Do take a look. I believe, that these recommendations would have a material impact on management decision (to propose a vote) even if not a single shareholder votes according to the proxy advice - which is of course a great outcome for corporate governance in India. There is another proxy advisory firm IIAS in India, whose website I couldn't find.

The newsletters of Ingovern can be found on the website of "The Firm" of CNBC.

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