The authority and duties of shareholders, Financial Management

Assignment Help:

The authority and duties of members (shareholders)

Members and shareholders shall together and severally protect, conserve and actively exercise the supreme authority of the corporation in common meeting (AGM). They have a duty to exercise which supreme authority to:

Make sure that only competent and dependable persons who can add value are chosen or appointed to the board of directors (BOD).
Make sure that the BOD is continuously held accountable and responsible for the proficient and efficient governance of the corporation so as to attain corporate objective, prospering and sustainability.
Change the composition of the BOD which does not execute to expectation or in accordance with permission of the corporation.

Related Discussions:- The authority and duties of shareholders

Manage Budget and Financial Report, Complete the financial reporting for ea...

Complete the financial reporting for each period and develop recommendations using the templates provided. Procedure 1. Read the case study. 2. Complete the financial reports

Treasury bills in international markets, Treasury Bills in International Ma...

Treasury Bills in International Markets A brief discussion on treasury bills in international markets is given below: Primary Market T-bills are important money market

Define the tactics of shareholders used after the bid, After the bid Ta...

After the bid Tactics can be undertaken by directors to ensure that their shareholders don't accept the bid, if that is what they desire. Reject Share

Definition, what is financial management?

what is financial management?

Determine the wealth maximisation decision criterion, Wealth Maximisation D...

Wealth Maximisation Decision Criterion This is also called as value maximisation or net present worth maximisation. Presently academic literature value maximisation is almost u

Normal spread, After the calculation of cash flow yield and the...

After the calculation of cash flow yield and the average life of the asset-backed and mortgage-backed security based on default, prepayment and recovery ass

Unemployed loans, where can i found a loan if i am unemployed ?

where can i found a loan if i am unemployed ?

Objectives of financial services authority, Objectives of financial service...

Objectives of financial services authority FSMA provides four statutory objectives to FSA. They are: Market Confidence: Maintaining confidence in the financial system;

Computation of value of the firm, Q. Computation of Value of the Firm? ...

Q. Computation of Value of the Firm? Illustration:- EBIT = 50,000 10% Debentures

Short-term volatility position, (a) The position of an agency that sells a ...

(a) The position of an agency that sells a callable coupon bond. We supposed that coupon bond has a maturity of 3 years and is callable only at the second year. (b) The market t

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages