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In 2013, a new law required Indian firms, which satisfy certain profitability, net worth and size thresholds, to spend at least 2% of their net income on CSR. We exploit this regulatory change to isolate the shareholder value implications of CSR activities. Using an event study approach coupled...
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India is considered to be part of the “common law” family, corporate law has evolved somewhat differently from the origin …
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pattern in India. This article establishes that the corporate law reforms molded by national priorities (influenced by the … concentrated and dispersed) in India …
Persistent link: https://www.econbiz.de/10012867605
sources, this paper quantifies noncompliance for India's Factories Act without the question of illegality ever being raised … the Factories Act is a key feature of the "missing middle" in India. The paper explores the main trends and patterns of …
Persistent link: https://www.econbiz.de/10012973568
India during the colonial period. Under this system, a managing agent (either an individual, partnership firm or company … facilitate trade and investment by British businesses in India, it was also adopted by Indian businesses. Over a period of time … nearly a century from its inception. It is only in 1936 that restrictions were imposed. Following India's independence in …
Persistent link: https://www.econbiz.de/10013002408
Section 397 to 409 of the Companies Act, 1956 lays down provision in order to protect the rights of minority shareholders and safeguard their interest against the oppressive act of majority shareholders. The Rights of Minority Shareholders is based on the principle of Natural Justice .The basic...
Persistent link: https://www.econbiz.de/10013005261
corporate and commercial laws in India, but usually with a strong cross-border element …
Persistent link: https://www.econbiz.de/10012856943
This paper aims to review India's journey in turbulent waters of corporate governance. This paper shall focus on two … large private sector failures in India due to deficiency in corporate governance. The two companies who dwindled are Satyam … giant Coal India Limited under bilateral trade treaty between India and UK. This paper shall also recommend how such …
Persistent link: https://www.econbiz.de/10013049684
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