March 2012
Beginner
623 pages
35h 9m
English
Content preview from Business Ethics and Corporate Governance, Second Edition
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OBJECTIVES OF THE BOARD
Section 11(1) of the Securities and Exchange Board of India Act, 1992 explains the powers and functions of SEBI. As per the Act, it shall be the duty of the board to protect interests of the investors in securities and to promote the development of, and to regulate the securities market by such measures as it thinks fit.
The statutory objectives of the SEBI as per the Act are given below:
- Protection of investors’ interests in securities.
- Promotion of the development of the securities market.
- Regulation of the securities market.
- Matters connected therewith and incidental thereto.
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