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A Presentation on the Topic

Non Voting Shares, Corporate Governance & Ethics


For the Subject of: Strategic Financial Management(mba - 1009) Presented By: Raman Sethi X Semester Roll No. - 08
Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

Address: 253 Main Street, #169, Matawan | Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

financial advisor

Contents
Non Voting Shares Corporate Governance Ethics of Corporate Governance

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

NON VOTING SHARES


Stock in a publicly-traded company that does not give the holder the right to vote at the company's annual meeting. Nonvoting stock usually has other rights associated with it to compensate for the lack of ability to vote. For example, most preferred stock is nonvoting, but preferred stock has a guaranteed dividend while most voting stock does not.

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

Benefits Of Non Voting shares


a. First claim on the profit of company. b. Also any potential sale of an asset of the company, if the company was to enter bankruptcy. c. Priority over ordinary shareholders.

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

Corporate Governance
Corporate governance refers to the set of systems, principles and processes by which a company is governed. They provide the guidelines as to how the company can be directed or controlled such that it can fulfill its goals and objectives in a manner that adds to the value of the company and is also beneficial for all stakeholders in the long term.

Corporate Governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The corporate governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and society.

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

Principles Of Corporate Governance


Rights and equitable treatment of shareholders. Interests of other stakeholders. Role and responsibilities of the board. Integrity and ethical behavior. Disclosure and transparency.

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

Corporate governance models of INDIA


India's SEBI Committee on Corporate Governance defines corporate governance as the "acceptance by management of the inalienable rights of shareholders as the true owners of the corporation and of their own role as trustees on behalf of the shareholders. It is about commitment to values, about ethical business conduct and about making a distinction between personal & corporate funds in the management of a company.It has been suggested that the Indian approach is drawn from the Gandhian principle of trusteeship and the Directive Principles of the Indian Constitution, but this conceptualization of corporate objectives is also prevalent in Anglo-Americanand most other jurisdictions.

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

OF CORPORATE GOVERNANCE

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

DEFINITION:-

Ethics defines what is good for the individual and for society and establishes the nature of duties that people owe to oneself and others in society. The principle of conduct professional ethics. A system or philosophy of conduct. A discipline dealing with what is good and badmoral duty and obligation. A set of moral principles or values.
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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

ETHICS
Reflection in a companys operations of the values and moral principles used in the communities in which they operate.

Successful markets and corporate performance are founded on a commitment to basic ethical principles aligned as much as possible to the interests of individuals, corporations and society.

Ethical standards may be expressed in a companys formal conduct requirements, or contained in generally stated principles that guide a companys preferred conduct or behavior.

Most companies have put in place a code of ethics for its employees to conduct themselves in a particular manner while doing business.

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

A "World's Most Ethical Company"


In 2012, Adobe was recognized as one of the Worlds Most Ethical Companies by Ethisphere. The WME designation recognizes companies that truly go beyond making statements about doing business ethically and translate those words into action. It is awarded to companies that have leading ethics and compliance programs, particularly as compared to their industry peers. A reputation built on integrity Adobe's reputation is founded on the personal integrity of our employees and our commitment to the following guiding business ethics principles: Integrity by conducting business according to high ethical standards Respect for our employees, customers, vendors, partners, stockholders, and the communities in which we work and live Honesty in our internal and external communications and all business transactions Quality in our products and services; striving to deliver the highest value to our customers and partners Responsibility for our words and actions; confirming our commitment to do what we say Fairness to our fellow employees, customers, vendors, partners, and stockholders through adherence to applicable laws, regulations, policies, and a high standard of behavior

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Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

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T H Y A O N U K
Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

Address: 253 Main Street, #169, Matawan Office: 732-591-9131 | Fax: 732-441-7344 www.financialadvisor.com

financial advisor

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