National Stock Exchange (NSE) has launched a new corporate governance initiative ‘NSE Prime’.
About NSE Prime:
- It is a framework that sets higher standards of corporate governance for listed companies than those required by regulations.
- All the companies listed on NSE can voluntarily adopt National Stock Exchange Prime.
- It will raise the level of corporate governance standards in India. Will enable investors to identify companies that have expressed willingness to enforce higher standards of corporate governance.
- Will help in enhancing the quality of investors in listed companies.
Source – The Hindu