India’s Top PSUs 2019

27 Corporate Governance Scores of BSE-100 companies 2015 2018 PROCESS A report on corporate governance practices of BSE-100 companies across 4 segments; Right and equitable treatment of shareholders, Role of stakeholders, Disclosures and transparency and Responsibilities of the board, shows that corporate governance scores varies across different ownership companies. SOEs scores are lower compared to others Source: A report by IFC, BSE and IiAs on Corporate Governance score, 2019 Note: Data for India is for 2018 for 56 listed companies, excluding banks and for the rest of the countries is 2015, Data for CG compliance excludes banks 59 64 58 48 65 64 61 51 Multinationals Institutionally owned and widely Held Family Owned Government owned Good Satisfactory Weak Poor Failing Transparency in resource management 0 10 20 30 40 50 60 70 80 90 Norway Ukraine Canada US (Gulf of Mexico) Brazil Colombia India Indonesia Ghana Trinidad and Tobago Mexico Argentina Kazakhstan Tunisia Malaysia Cote d'Ivoire China Cameroon Ecuador Kuwait Bolivia Tanzania Oman Mozambique Timor-Leste Ukraine Vietnam Azerbaijan Russia Uganda Qatar United Arab Emirates Nigeria Congo Bahrain Egypt Iraq Iran Gabon Cuba Bangladesh Saudi Arabia Angola Chad Algeria Venezuela South Sudan Myanmar Yemen Uzbekistan Congo Equatorial Guinea Sudan Libya Turkmenistan Resource Governance Index Score (100 is best 0 is worst) PROCESS Natural resources are critical as they are inputs to almost every physical product manufactured. SOEs across countries have around 80% share in production of natural resources*. It is important to have transparency in resource management as extraction of natural resources is one of the most politically, socially and economically complex undertakings. It is gratifying that India scores a high value in the Resource Governance Index Source: Natural Resource Governance institute, 2017, The Resource Governance Index assesses policies and practices that authorities employ to govern their countries’ oil, gas and mining industries. Note: Resource governance index is based on 3 components i.e. value realisation, revenue management and enabling environment. * represents oil and natural gas production