6

Share Holders—The Prime Stake Holders

Chapter Outline

  • Introduction
  • Corporate Stakeholders and their Concern
  • Rights of Shareholders
  • Views of Various Committees on the Issue
  • SEBI Guidlines for Investors
  • Shareholders Activism and Class Actives
  • Poor Track-record of Shareholder Protection
  • Grievance Redressal Process
Introduction

Corporate governance is needed to create a corporate culture of consciousness, transparency and openness. It refers to a combination of laws, rules, regulations, procedures and voluntary practices to enable companies to maximise shareholders’ long-term value. It should lead to increasing customer satisfaction, shareholder value and wealth. Corporate governance deals with a company’s ability to take managerial decisions ...

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