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When Government companies list their shares on stock exchanges, they are required to deal with two distinct constituencies from a corporate governance standpoint: one, being the Government itself as the controlling shareholder or promoter, and the other, being the minority (public) shareholders. When the Government is in a controlling position in the company, the obvious question that arises is whether it is required to act solely with a view to profit maximization, which will in turn benefit the minority shareholders, or whether it is required to act with a larger public purpose in mind. This conflict is not new, as we have seen, and corporate governance advocates will argue that the inter...
Trends: "Governance in Government Companies" deleted from your view.
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rotate the auditors in regular intervals
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Proper segregation of duties in the accounting/finance system
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Mohan lal sharma
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"STRONG INTERNAL AUDIT"
| 3 years ago
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THE COMPANIES ARE PROTECT THE ACCOUNTING FRAUDS USE THE FOLLOWING POINTS (A) I THANK , COMPANIES ARE APOINT INTERNAL AUDITORS, BUT CHANGES IN AUDITORS AFTER 6 MONTH OR LAST 1YEAR, THE AUDITORS TRANSFER TO OTHER DEPARTMENT EVERY YEAR (B) COMPANIES...
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Satyabrata Prusty
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| 3 years ago
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I feel most of the accounting frauds that occur in the company is at the lower or middle management level. So by providing training to them about various types of frauds , they can be aware of common vulnerabilities.
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Ideate: "How to protect Companies against accounting frauds ?" deleted from your view.
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LEGAL ENVIRONMENT SHAPES THE MARKET AND NOT VICE VERSA:
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Staying in Business
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bharat
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"LEGAL ENVIRONMENT SHAPES THE MARKET AND NOT VICE VERSA:"
| 2 years ago
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yes taht is write many politition are lawyer but after joint politic they forget law and india
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Satyabrata Prusty
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| 3 years ago
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Providing various services by Law firms can actually facilitate the internal client discussions or external negotiations with vendors, that will help clients make effective business decisions in regard to cost reduction, supply chain management,...
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Ideate: "How law firms can survive the market turbulence??" deleted from your view.
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Answer: "What control standards are used in SOX?" deleted from your view.
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Darwin Mahalingam
| Answered
| 4 years ago
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An investment in real estate should be evaluated on its merits as an investment first and on its tax strategy implications second. What makes real estate an attractive option for some is its potential to generate tax losses (reduce taxable income)...
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Answer: "Tax Implications if one were to buy an Investment Property?" deleted from your view.
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While surfing on the net I found a good article on patent laws, esp US. Hoping that it will be of great help, just take a look. These are the criticalpoints in this law: Presence of Patent infringement lawyers and they basically have three jobs. The first job of a patent infringement lawyer is to protect people's right to carry, and exclusively market their patent for the time frame of the patent. A patent infringement lawyer also helps throughout the development process in determining whether or not a patent already exists or has been applied for. Finally, a patent infringement lawyer will defend those accused of patent infringement. The laws state that, the only person who is permitted to...
Insight: "California Patent Lawyer Discusses Patent Laws" deleted from your view.
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