37 of top 100 firms still combine chairperson, CEO roles
In short
A survey found 37 of the top 100 companies still have one person as both chairperson and CEO, four years after SEBI made separation voluntary.
The report says little has changed, and Damodaran wants SEBI to bring the split back. It is not stated which companies were surveyed or how SEBI may respond.
What the reporting says
A survey found 37 of the top 100 companies still combine the chairperson and CEO roles four years after SEBI made separation voluntary. The publisher summary says little has changed since that rule shift, and Damodaran urged SEBI to restore the separation of the two posts. The immediate policy implication is unclear, and the reporting does not say which companies were in the survey.
Why it matters
The survey found 37 of the top 100 companies still combining the chairperson and CEO roles four years after SEBI made separation voluntary. Damodaran has called on SEBI to restore the separation of the two posts. The reporting does not identify the survey sample, the companies involved, or any immediate regulatory action, so the market impact is uncertain.