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Justify the following statement. All sorts of unfair practices related to stock exchange should be avoided. - Organisation of Commerce and Management

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प्रश्न

Justify the following statement.

All sorts of unfair practices related to stock exchange should be avoided.

थोडक्यात उत्तर

उत्तर

  1. The persons who provide finance for the short term as well as for the long term to the company are called owners or investors. They invest their money and accept the risk factors. Management is expected to provide full and factual information about the financial performance of the company to the owners and investors.
  2. The Securities and Exchange Board of India (SEBI) plays a pivotal role in regulating and maintaining the interests of investors in the securities market. Law prohibits any sort of activity that is manipulative or unfair in the securities market. Thus, business organizations must avoid unfair practices related to stock exchange like insider trading providing wrong and secret information about buying/selling or dealing with securities, etc. Any breach in the above-mentioned practices may be considered unlawful and be made accountable by SEBI.
  3. Therefore, a business organization should consider responsibilities toward the owners and should avoid all sorts of unfair practices related to the stock exchange.
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पाठ 6: Social Responsibilities of Business - Exercise [पृष्ठ १३१]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 6 Social Responsibilities of Business
Exercise | Q 5. 5) | पृष्ठ १३१
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