Dura Electric Batteries Ltd., a start-up in 2017, in which Mico Insurance Company Ltd. invested 100 Cr. to take 25% ownership stakes in 2019, and SBL Bank Ltd. invested 150 Cr to take 20% ownership stakes in 2020, is now planning to come out with IPO in May 2022 and likely to become a Unicorn Company. Mr. Y appointed as an advisor and his job is to define the role of Institutional Investors to create a benchmark company in Electric Batteries Industry in good governance, keeping in mind interest of investors and other stakeholders. Explain the role of institutional investors from the lens of corporate governance.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Dura Electric Batteries Ltd., a start-up in 2017, in which Mico Insurance Company Ltd. invested 100 Cr. to take 25% ownership stakes in 2019, and SBL Bank Ltd. invested 150 Cr to take 20% ownership stakes in 2020, is now planning to come out with IPO in May 2022 and likely to become a Unicorn Company.

Mr. Y appointed as an advisor and his job is to define the role of Institutional Investors to create a benchmark company in Electric Batteries Industry in good governance, keeping in mind interest of investors and other stakeholders. Explain the role of institutional investors from the lens of corporate governance.

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