16-01-2013, 12:09 PM
CONTEMPORARY ISSUES IN MANAGEMENT
CONTEMPORARY ISSUES.ppt (Size: 144.5 KB / Downloads: 34)
ISSUES IN MARKETING
how to survive in market structure where demand is falling
how to match reducing customer demand
how to ensure that there are no unnecessary inventories piled up
how to ensure that the company is able to bring innovations in product design and delivery
TRENDS IN STRATEGIC MANAGEMENT
1. Corporate governance has become important and many companies have adopted transparency
2, companies like Infosys have adopted code of conduct, which enables these companies to run on ethical and professional grounds
3. Companies like Infosys have adopted international accounting and reporting guidelines and these will enable these companies to have better reporting
4. Companies are adopting better internal control systems.
5. Companies are today required to constitute audit committees, remuneration committee and other such measures to ensure that these companies are able to work in transparent
ISSUES IN FINANCIAL SECTOR
how to ensure that there is no insider trading
how to ensure that price rigging and other such practices are minimized
How to ensure that the interests of the investors are protected
How to ensure that there is transparency, proper disclosure and proper reporting
CREDIT RATING
CRISIL (Credit Rating and Information Services (India) Limited) was set up as the first credit rating agency in 1987. ICRA Limited (Investment Information and Credit Rating Agency of India Limited) in 1991 and CARE (Credit Analysis and Research Limited) in 1994 and Fitch Rating India Pvt. Ltd.
Credit Rating Agencies are regulated by SEBI(Credit Rating Agencies) Regulations, 1999.
Requirements regarding public issues
The promoters should contribute not less than 20% of post-issue capital,
minimum public shareholding of 25 per cent
grading of IPOs by the rating agencies at the option of the issuers
abridged letter of offer which shall contain disclosures as required to be given in the case of an abridged prospectus
CLAUSE 49 OF LISTING AGREEMENT
appointment of the independent directors.
compliance date December 31, 2005.
maximum gap between two Board meetings,
sitting fees of the non-executive directors and
certification on internal control system by the CEO/CFO
REFORMS IN FINANCIAL SECTORS
Clearing and settlement cycle =T+2
Qualified institutional buyers (QIBs) have prohibited from withdrawing their bids after the closure of bidding.
SEBI introduced additional criteria of ‘net tangible assets’, ‘minimum number of allottees in public issue’ and ‘profitability’.
CONCLUSIONS
The issues are due to changes in economic, social and political environment
World Economic system is undergoing massive changes
Managers have undertake SWOT analysis and evolve strategies to suit the situation
The age of discontinuity has started