Good corporate governance boosts Indian stock values, says S&P

Oct 7, 2009

A Standard & Poor's study using the S&P India ESG index suggests investors in Indian companies take account of corporate governance. Meanwhile, the rating agency plans to create similar indexes for other countries.

The general perception is that it is too early to expect investors to differentiate between Indian companies on account of corporate governance -- after all, the country's related listing requirement (clause 49) only took effect in 2000.

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