Corporate governance and corporate finance

OECD-India Experts Forum on Corporate Governance


In focus


Ownership Structure of Listed Companies in India (2020)

July 2020 - The ownership structure in Indian companies is characterised by promoters (founders or controlling shareholders – which play a significant role in listed companies) and non-promoters (other shareholders, including minority shareholders). In recent years, SEBI (Securities and Exchange Board of India) has paid close attention to promoters, introduced policy measures on corporate governance and oversees implications for the economy.

This report showcases some unique Indian characteristics with respect to the ownership landscape and the presence of institutional investors in Indian capital markets.


About the Forum

Launched in 2011, the OECD-India Experts Forum on Corporate Governance supports policy makers by assessing key market practices and policy trends that may be detrimental to sound corporate governance. It also supports implementation of good practices by offering recommendations and policy options based on comparative analysis. The Forum facilitates closer engagement of India in the regular work of the OECD Corporate Governance Committee and continued involvement in the OECD-Asian Roundtable on Corporate Governance.

The Securities and Exchange Board of India (SEBI) is the main partner, with the Ministry of Corporate Affairs, stock exchanges and professional associations also participating. The Government of Japan provides financial support.



Forthcoming: Report on company groups in Indian capital markets


2016 Policy Dialogue on Corporate Governance and Board Evaluations

Agenda | Presentations | Report


2013 Dialogue on Related Party Transactions 

Agenda Day 1 | Agenda Day 2


2013 Consultation on corporate governance norms in India using the OECD Principles

Consultative paper 




Any requests for information should be addressed to Kenta Fukami (


This programme is made possible by financial support from the Japanese Financial Services Agency.




Board evaluations: Overview of international practices, 2015‌


Improving Corporate Governance in India - Related Party Transactions and Minority Shareholder Protection, 2014



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