How important is corporate governance in the valuation of a company? NDTV's director finance, Saurav Banerjee, gives us a primer. Watch more videos: ndtv.com/videos?yt Download the NDTV news app: play.google.co...
the entire concept was so well explained and touched up on the various aspects of a company, both on moral and physical grounds. Would've enjoyed an extended version of the conversion to pump up my corporate understanding. But,Thank You! :)
Valuation premium better for better govern investment depend on it.ethical behavior matter of spirit than letter. Standardized gov and whom to protect Acts 1 companies act 2 sebi 3 listing agreement with sebi 4 institute of ca accounting standards 5 institute of companies secretary. Leg can ensure it?? Supplier corporate governance internal audit.Berkshire Hathaway success.quarterly numbers put pressure to give wrong Numbers.
In February 2019, an Argo shareholder issued a press release in which it alleged, among other things, the misuse of Argo assets by Watson, including undisclosed personal usage of corporate aircraft. On April 12, 2019, during a proxy contest with this shareholder in connection with Argo’s May 2019 annual shareholders meeting, Argo filed a definitive proxy statement that failed to disclose over $1 million worth of perquisites, including over $230,000 related to Watson’s use of corporate aircraft. From 2015 through 2019, Argo incorporated its definitive proxy statements into its annual reports by reference. From 2014 through 2018, Argo incorrectly recorded payments for the benefit of, and reimbursements to, Watson as business expenses, and not compensation. As a result, its books, records, and accounts did not, in reasonable detail, accurately and fairly reflect its disposition of assets. In addition, Argo failed to devise and maintain internal accounting controls relating to payments for the benefit of, and reimbursements to, Watson that were sufficient to provide reasonable assurances that transactions were recorded as necessary to maintain the accountability of assets. These failures included, for instance, a practice of providing expense reimbursements to Watson without requiring an adequate explanation of a business purpose for the expense, allowing Watson to approve his own expense reimbursement. Mr. Watson's Personal Chariot Make: Gulfstream: 5 Registration Number: N17ND Serial Number: 518 Lessor: Jetaway Air Service of Muskegon, MI Monthly Payment: $ 175,000 Hourly Reserve Payment: $ 1,250 Average Monthly Payment to Jetaway Air Services (based on recorded flight hours) $250,000 to $300,000 (note: figure does not include crew salaries, airport fees, insurance, and fuel) 4 to 5 million expensed to Argo shareholders each year for the exclusive use of Mark Watson's Personal Chariot - G5. Broker Jet Evolutions Waterford, Virginia
the entire concept was so well explained and touched up on the various aspects of a company, both on moral and physical grounds. Would've enjoyed an extended version of the conversion to pump up my corporate understanding. But,Thank You! :)
Let the guest talk please. We shouldn't interfere when he is answering your queries.
Valuation premium better for better govern investment depend on it.ethical behavior matter of spirit than letter.
Standardized gov and whom to protect
Acts 1 companies act 2 sebi 3 listing agreement with sebi 4 institute of ca accounting standards 5 institute of companies secretary.
Leg can ensure it?? Supplier corporate governance internal audit.Berkshire Hathaway success.quarterly numbers put pressure to give wrong Numbers.
TSLAS 💪💥✨
In February 2019, an Argo shareholder issued a press release in which it alleged, among other things, the misuse of Argo assets by Watson, including undisclosed personal usage of corporate aircraft. On April 12, 2019, during a proxy contest with this shareholder in connection with Argo’s May 2019 annual shareholders meeting, Argo filed a definitive proxy statement that failed to disclose over $1 million worth of perquisites, including over $230,000 related to Watson’s use of corporate aircraft. From 2015 through 2019, Argo incorporated its definitive proxy statements into its annual reports by reference. From 2014 through 2018, Argo incorrectly recorded payments for the benefit of, and reimbursements to, Watson as business expenses, and not compensation. As a result, its books, records, and accounts did not, in reasonable detail, accurately and fairly reflect its disposition of assets. In addition, Argo failed to devise and maintain internal accounting controls relating to payments for the benefit of, and reimbursements to, Watson that were sufficient to provide reasonable assurances that transactions were recorded as necessary to maintain the accountability of assets. These failures included, for instance, a practice of providing expense reimbursements to Watson without requiring an adequate explanation of a business purpose for the expense, allowing Watson to approve his own expense reimbursement.
Mr. Watson's Personal Chariot
Make: Gulfstream: 5
Registration Number: N17ND
Serial Number: 518
Lessor: Jetaway Air Service of Muskegon, MI
Monthly Payment: $ 175,000
Hourly Reserve Payment: $ 1,250
Average Monthly Payment to Jetaway Air Services (based on recorded flight hours) $250,000 to $300,000 (note: figure does not include crew salaries, airport fees, insurance, and fuel) 4 to 5 million expensed to Argo shareholders each year for the exclusive use of Mark Watson's Personal Chariot - G5.
Broker
Jet Evolutions
Waterford, Virginia
FINNEY VARGHESE