Fernando's Business Ethics and Corporate Governance, 3rd Edition

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Part 2

 Corporate Governance

8. For all companies with a paid-up capital of `20 crores or more, the quality and quantity

of disclosure that accompanies a GDR issue should be the norm for any domestic issue.

9.

Under

“Additional Shareholder’s Information”, listed companies should give data on the

following:

· High and low monthly averages of share prices in a major stock exchange where the

company is listed for the reporting year.

· Greater

detail on business segments up to 10% of turnover, giving share in sales rev-

enue, review of operations, analysis of markets and future prospects.

10. Companies that default on the xed deposits should ...