A key ingredient that ensured the growing success of companies is the evolution in valuation of shares that permitted shareholders to sell and investors to buy shares without diluting any of the economic advantages of ownership. The evolution of share valuation is episodic, marked by stock market bubbles and often a major scandal that [...]
BACKGROUND We saw significant changes in the corporate regulatory environment in the past few months. To name two of them: June 6 saw the introduction of BEN-1, a form to be filed with the company by individuals holding beneficial interest of 25% or more, and individuals exercising significant influence or control. July 5th saw [...]
Large businesses and business intending to be large are organized as companies for they provide the triple advantage of ‘Existence at will’ for they survive till their shareholders decide to dissolve them Limited liability enabling many unrelated investors to collaborate, and Transferable shares, providing liquidity to their shareholders without impairing the liquidity of the [...]
ISSUE Is your professional life like that of a fire fighter-unpredictable workday, putting out one fire after another, stiff deadlines to meet under intense pressure? Are the words crisis, problems, emergencies and deadlines frequently heard in your daily work life leaving you exhausted and fatigued? If the answer to the above questions are yes, [...]
Large businesses and business intending to be large are organized as companies for they provide the triple advantage of ‘Existence at will’ for they survive till their shareholders decide to dissolve them Limited liability enabling many unrelated investors to collaborate, and Transferable shares, providing liquidity to their shareholders without impairing the liquidity of the [...]
ISSUE In any given week, I interact with more than five to six company secretaries of different companies. In the last few months, I observed that there are many young professionals in their 20’s who are working as the Company Secretary in medium to large companies and have to deal with experienced and senior [...]
‘A cow for her milk, A hen for her eggs, A stock, by heck, For her dividends.’ As the popular poem of 1930s captured, dividend is what attracted the investors to stocks. But with time as companies retained a bigger and larger share of profits for their internal growth, with some companies even skipping [...]
While a task can be delegated, the responsibility or consequence arising from that task can never be, as the delegator pays the price for its non-performance or wrong-performance. This point needs reiteration especially in the case of MBP-1, where Directors give the details of the companies and firms in which they are interested-in for [...]
(this article is the third and final part of a trilogy that traces the origin of the three elements of financial statements- the balance sheet, the profit and loss account and the cash flow statement) Financial Statements consisting of the three- Balance Sheet, Profit and Loss Account and the Cash Flow Statements, form the [...]
Just as salt enhances the taste in food, brevity in communication enhances comprehension and effectiveness. More so in corporate communication to shareholders, where the audience consist of individuals with a wide range of interest and knowledge. The Corporate Governance Report that forms a part of the Annual Report of listed companies in India, despite [...]
