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

Analyse the company capital structure, 1. Analyse the company's capital str...

1. Analyse the company's capital structure and critically assess different types of financing options available to the company. Calculate the cost of these different types of finan

Determine what is current ratio - position ratios, Determine Current ratio...

Determine Current ratio or working capital ratio CA = Current assets/Current liabilities (times) Current ratio measures the short term solvency or liquidity; it demonstra

Determine the concept of dividend yield, Dividend yield Dividend yield ...

Dividend yield Dividend yield = (Dividend per share/Market share price) x 100% Dividend yield is the cash return on the share (not whole return which is cash dividend and ca

What are the functions of financial management, Functions of Financial Mana...

Functions of Financial Management Traditional function of financial management has been limiting the role of finance toraising and administrating of funds required by the compa

Protected put, Protected Put A protected put would involve a long put a...

Protected Put A protected put would involve a long put and a long stock. For example - ONGC. Underlying stock = Rs. 809 Buy Mar Rs. 900 Put @ Rs.68.8 Total cos

Agency problem, Discuss how a business might limit agency problem between m...

Discuss how a business might limit agency problem between management and creditors

Calculate the economic order quantity, Q. Calculate the Economic Order Quan...

Q. Calculate the Economic Order Quantity? Calculate the Economic Order Quantity from the following details: Annual Inventory Requirements = 4, 00,000 units Cost of placin

Laspeyres method, Laspeyres Method Laspeyres method uses the quantities...

Laspeyres Method Laspeyres method uses the quantities consumed during the base period in computing the index number. This method is also the most commonly used method which inc

Define the wave of mergers in the banking industry, What is behind the wave...

What is behind the wave of mergers in the banking industry? A: Various economic factors have caused banking institutions to merge over the past various years. These factors inclu

Working capital as a percentage of total assets, Q. Working Capital as a Pe...

Q. Working Capital as a Percentage of Total Assets? This approach of estimation of working capital requirement is based on the fact that the total assets of the firm arc consis

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages