Discussion at the OECD-Asian Roundtable, Mumbai

2019-11-27

Jamie Allen, Secretary General, was invited to speak in a panel session on “Evolving Ownership Patterns and Implications for Policymakers” at the 2019 OECD-Asian Roundtable on Corporate Governance at the Trident Hotel Mumbai, India on 27 November 2019.

Background
At the end of 2017, there were approximately 41,000 listed companies in the world. Their combined market value was about USD84 trillion, which is equivalent to the global GDP. Who owns these companies and how they perform their role as shareholders is therefore of economy-wide importance. It will affect not only the amount of risk capital that is made available to independent entrepreneurs who can challenge the status quo by developing new technologies and products. It will also affect how the performance of existing corporations is scrutinised and how decisions about their future direction are made.
This session discussed the evolving ownership patterns, related implications, and how understanding these can help policymakers make informed decisions on corporate governance policies and regulations. India’s ownership landscape will also be discussed.

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