Ashish Swarup (Aikya) - Soul In The Game
Far From The Finishing Post
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Do You See Standards Improving in Emerging Markets?
We're trying to create a predictable outcome for our shareholders, chis basically good, long term, healthy returns with good sort of downsight prediction. We probably have backed just one or two companies under various structure. In those cases, the founder or the main owner and the management team has a very large stake in the same share class as us. Yet if you had asked me that question two thousand five, i would have said yes. But unfortunly, the answer is no. The standards are not at all improving. Standards only improve hand the capital is is short when people are forced to change. E companies don't really care. And so the arts of baing is quite bad
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