Corporate Actions, Dividends & Governance

One company obtaining control of another by buying its shares or assets, with the target continuing to exist.

Test: the acquirer obtains control, defined in India as 25% of voting rights or the right to appoint a majority of directors qualitative

A historical price restated to account for corporate actions, so that a price series is comparable over time.

Adjustment Factor for a bonus or split = 1 / (New Shares per Old Share); historical prices are multiplied by the cumulative factor ₹

Corporate Actions, Dividends & Governance

The yearly meeting at which shareholders approve accounts, declare final dividends and elect directors.

Test: held within six months of the financial year end and no more than fifteen months after the previous one qualitative

Corporate Actions, Dividends & Governance

A company's yearly publication containing its audited financial statements, directors' report and governance disclosures.

Test: the document contains the audited accounts, board report, management discussion and analysis, and the corporate governance report qualitative

Corporate Actions, Dividends & Governance

A company in which another holds significant influence but not control, typically 20% or more of voting power.

Test: the investor holds at least 20% of voting power or has significant influence without control; accounted for by the equity method qualitative

Corporate Actions, Dividends & Governance

A board committee, composed mainly of independent directors, that oversees financial reporting, internal controls and the auditors.

Test: the committee has a majority of independent directors, an independent chair, and members with financial literacy qualitative