This is explicit in SharePHIL’s vision and it remains one of the country’s overarching priorities. But, if we look inwards objectively, it will become clear that there remain key challenges ahead of us as we reach for the goal of a more developed capital market. Capital market actions require “big” changes whose ramifications are even “bigger” and more widespread.
The “big change” here is that we are looking out for those who participate in this market but who will otherwise not have the collective position to instigate needed corporate reforms. This is about molding the corporate culture so that it is not about the majority versus the minority, but one of collective action on what needs to be done. “FAITH to the Investor”.