The aftermath of the liberalization movement,
however, exerts pressures from a sluggish domestic market, lower
tariff barriers facilitating imports, mounting non performing assets
in banks and the virtual collapse of the new-issues market, compelling
Corporate India to undergo fundamental changes. "Staying Dynamic,"
is the universal market mantra, which is an unlearning process with
a long learning curve. Indian corporations, making drastic shifts
from conventional paradigms, have entered western corporate fast
lanes by pursuing aggressive usually fund hungry strategies to succeed.
The share holding patterns of India Inc is clear testimony to this
corporate behavior. Promoters usually the primary shareholders have
today ceded this place to Foreign Institutional Investors (FII),
mutual funds, Indian Institutional investors, banks, Non-Resident
Indians (NRIs) and public shareholders. These investors are going
to exercise greater influence on the way corporate affairs are run.
Promoters and investors are the yin and yan
of a capitalistic economy. Faced with the responsibility to accept
the delicate yet symbiotic nature of their association, they grapple
to identify common platforms.
The Corporate Clinic has identified this need
in the nascent Indian capitalistic market. Corporate Clinic will
serve the interests of promoters and investors equally, staying
neutral and ensuring a win-win situation to all.