💨 Abstract

India's markets regulator, SEBI, has published a study showing an increase in royalty payments by listed companies, exceeding 20% of net profits in one out of four instances. The study, conducted over 9 years and involving 233 companies, also found that one out of two companies paying royalty did not pay dividends or paid more royalty to related parties than dividends to other shareholders.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖