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  • Mon. May 20th, 2024

No performance riders on ESOP grants to founders of Indias fresh-age firms – Industry Customary

No performance riders on ESOP grants to founders of Indias fresh-age firms – Industry Customary

Consultants query why such endowments in India’s fresh-age firms are likely to be no longer comprehensively linked with performance targets

Issues


Esops | Tech founders | IPO

On any day, one can get founders of Indian tech firms conserving up their Silicon Valley peers love Elon Musk as position devices, talking about issues love innovation and regulation where the US tech hub fares plenty higher. For positive, comparisons repeatedly sound sweeter when others are playing ball, no longer when the ball lands of their court.

One such instance is company governance linked to stock grants. “Within the West, the ideal practices for stock grants are for incentivising high executives to attain explicit performance targets someday. Some founders of tech firms in India …

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First Published: Sat, April 23 2022. 06: 10 IST

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