BHASKAR

No efficiency riders on ESOP grants to founders of Indias new-age companies

Experts ask why such endowments in India’s new-age companies are no longer comprehensively linked with efficiency targets

Topics

Esops | Tech founders | IPO

On any day, one can acquire founders of Indian tech companies conserving up their Silicon Valley chums love Elon Musk as feature objects, talking about things love innovation and legislation where the US tech hub fares much better. Of direction, comparisons continuously sound sweeter when others are taking half in ball, no longer when the ball lands of their court.

One such occasion is corporate governance related to stock grants. “In the West, essentially the most productive practices for stock grants are for incentivising top executives to enact specific efficiency targets in the long high-tail. Some founders of tech companies in India …

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First Printed: Sat, April 23 2022. 06: 10 IST

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