top of page
  • Writer's pictureNLR Journal

SEBI's Nascent Guidelines On Proxy Advisors: A Double-Edged Sword?

Yashika Sharma & Nitesh Mahech, University School of Law & Legal Studies,
GGSIPU, New Delhi.


Proxy advisory firms provide research and voting recommendations to help institutional investors vote their shares on issues such as executive compensation and corporate governance. However, there have been several concerns about the proxy advisors on shareholder voting outcomes as it potentially allows advisers to exert pressure on firms to adopt the advisers’ preferred practices, which may not be in the best interests of shareholders. This influence has been recognised as the “éminence grise” of corporate governance.



Journal Details
Abbreviation: NLR 

ISSN:   2582-8479 (O)

Year of Starting: 2020

Place: New Delhi, India

Accessibility: Open Access

Peer Reviewer: Double Blind



​All research articles published in NLR and are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution, and reproduction in any medium provided the original work is properly cited.

Journal Archives
bottom of page