How does a stock exchange function?

As per Securities Contract Act, 1956 a stock exchange is an ÔÇťassociation, organisation or body of individuals whether incorporated or not, established for the purpose of assisting, regulating and controlling the business in buying, selling and dealing in securities. Therefore […]

How do companies decide on the amount of dividend to be paid?

Dividend decisions made by the board of directors and are approved by the shareholders at the general meeting. However, the board of directors are bound to decide the amount of dividend in such a way that it will maximize shareholders […]