Define the general principles of the city code, Financial Management

Define the General principles of the city code

General principles of the city code

  • Information available to all shareholders and should be free of bias
  • All shareholders treated similarly
  • Shareholders are given sufficient information, time and advice.
  • Directors not to frustrate takeover or act illegally (e.g. Secretly having shares bought to raise share price)
  • Private side deals and changes in company's constitution aren't allowed during a takeover period.

Posted Date: 9/2/2013 5:52:11 AM | Location : United States

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