Proxy advisory firms urge regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing significant increases in payouts to promoters and conflicts of interest. A study shows that many resolutions benefiting promoters would be rejected under stricter voting rules, highlighting inequities in compensation.
Asian stocks fall ahead of US non-farm payroll data
Shares in Australia and Japan fell more than 1% in opening trade while equity index futures for Hong Kong slipped. Drops for Japanese benchmarks reflected
March 7, 2025