New Delhi, Nov. 20 -- The percentage of company resolutions opposed by large institutional investors declined in the first half ended September, even as promoters continue to have their way on most decisions put to a vote.

About 13% of the 12,134 shareholder resolutions disclosed by 1,566 NSE main board listed companies were opposed by institutions such as mutual funds, insurance companies, and sovereign wealth funds, down from 16% in the same period last year, according to a Primeinfobase report. Within the Nifty 50 as well, the dissent among shareholders for resolutions eased to 9% from 11%.

A total of 2,124 companies proposed 16,693 resolutions during the six months, but institutional voting data was available for only 12,134 of them...