FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka’s SEC Chief wants `Directors` of listed firms to be impartial

Sri Lanka’s SEC Chief wants `Directors` of listed firms to be impartial

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Godahewa wants directors to be responsible

Sri Lanka’s SEC Chief, Dr. Nalaka Godahewa request the directors of listed companies to be impartial and work towards the interests of the firm, while warning tough action would be taken against violation of rules.

“As you are aware it is the duty of every company director to act in good faith and in the interests of the company”, Godahewa told in Colombo this morning while addressing a symposium on regulatory compliance.

“Irrespective of who nominated you to the Board, once you assumed duties as a director you no longer represent the interests of those who nominated you, but the interests of the company”, he further said.

He says a a director of a public listed company must be conscious that he is responsible towards a large number of shareholders.
“By looking after the interests of the company you are actually looking after the interests of all shareholders”, he added.

Godahewa warns if the Board of Directors do not fulfill their responsibilities to the satisfaction of the shareholders, even a minority shareholder can sue the company for mismanagement and seek relief.

The symposium on regulatory compliance was held to create awareness about the latest regulations introduced by the SEC primarily to company secretaries, compliance officers, registrars and auditors of listed firms.
www.news360.lk

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
"Owa Denu parahata

Thama sammathehi pihitasita"

Backstage

Backstage
Moderator
Moderator
Saadhu , Saadhu. Saaaaadhu !

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum