Institutional EYE

Commentary on Corporate Governance Issues

In defence of the quarterly reporting cycle

Market participants will tell you that the quarterly results and the accompanying investor calls, are a ritual. These are not just about numbers. These are about hard-eyeing the management and leadership teams,assessing how connected they are with the business and how passionate about its future. As economic activity restarts after the lockdown, it is also be the time for companies to present their annual report card to shareholders. The Institute of Chartered Accountants has dealt with the challenges of putting together meaningful financial information and with finalizing accounts in its various guidance notes. Once auditors sign-off on financial results, companies will hold virtual shareh

ZEE Learn: Waiting for an answer key

ZEE Learns response to the stock exchanges on a previous IiAS report entitled, “ZEE Learn fails its tests”, provides no answers. A company spokesperson addressing the media, in response, can hardly be construed as a meaningful answer to questions the raised. ZEE Learns response to the stock exchanges on a previous IiAS report entitled, “ZEE Learn fails its tests”, provides no answers. That a company spokesperson addressed the media in response can hardly be construed as a meaningful answer to questions raised. In its previous advisory, IiAS raised concerns over ZEE Learns acquisition of MT Educare: ZEE Learn had spent Rs.2.8 billion in acquiring MT Educare, which was coupled with write- off’

Categories
Archive
Older Posts (till 31 Dec'15)
Search by tags