Besides this, employee protection can be ensured by incorporating suitable clauses in the Shareholders' Agreement.
Lagan Jute Machinery Company Limited (LJMC), (subsidiary of Bharat Bhari Udyog Nigam Ltd. hereinafter referred to BBUNL)
Modern Food Industries Limited (MFIL)
Bharat Aluminium Company Limited (BALCO)
CMC Ltd... displayed 300 characters
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HTL Ltd. (HTL)
Videsh Sanchar Nigam Limited (VSNL)
Paradeep Phosphates Limited (PPL)
Jessop and Company Limited, (subsidiary of BBUNL)
Hindustan Zinc Limited(HZL)
Maruti Udyog Limited (MUL)
Indian Petrochemicals Corporation Ltd.(IPCL)
Even in non-core area like disinvestment of ITDC hotels, there has been organised opposition from the ITDC employees
The strongest votaries of disinvestment are, of course, in the stock market where public sector stocks are ruling the roost... displayed next 300 characters
A corporation is a separate legal entity from its shareholders. A corporation has perpetual life, meaning that the corporation will continue to exist regardless of the status of the shareholders of the corporation...
The problem arising is the ?principal-agent problem' including agency costs, which sometimes naturally follow.
The issue of a principal hiring an agent to represent his interests is referred to as agency relationship...
They are the ones
who elect the board of directors, and the board of directors are responsible to
the stockholders. Also, the board of directors are responsible for the
management of the day-to-day operation of the corporation...
If Chris and Jessica had formed a written partnership agreement, they might have been able to avoid/prevent the management problems that occurred. With the establishment of a contract there would have been an outline of the duties expected by both parties...
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