What do independent directors of a company like Swiggy do ? How are they rewarded for what they do ?
Mallika Srinivasan steps down as an independent director for Swiggy. Read this headline and curious.
Ideally they are supposed to look out for the small shareholders and keep things ethical as overseers. But more realistically they are a regulatory requirement and lend credibility to the company and management. They get paid salaries and sitting fees. For listed companies you can check how much directors got paid in their annual reports.
I think she lost faith cus the company was not transparent with its numbers to her.
Kendall Denver
Stealth
9 months ago
The quid pro quo here is brand association.