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Statutory corporations often face issues such as bureaucratic inefficiency, where rigid structures can hinder decision-making and responsiveness to market changes. They may also struggle with limited financial flexibility, relying heavily on government funding, which can affect their ability to innovate. Additionally, statutory corporations may encounter a lack of accountability, as their operations are less scrutinized compared to private companies, potentially leading to mismanagement and waste of resources.
What else can I help you with?
List of statutory corporation in India?
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What does a statutory corporation give its shareholders?
A statutory corporation provides its shareholders with limited liability, meaning their personal assets are protected from the corporation's debts and liabilities. Shareholders typically receive the potential for dividends, which are distributions of profits, and may have voting rights to influence corporate decisions, depending on the structure of the corporation. Additionally, statutory corporations can offer a more formalized and regulated framework for governance and operations, enhancing credibility and stability.
What is a statutory body.Who are the statutory bodies of India?
A statutory body is a company or organization created by law, or statute, in order to regulate or carry out a public function. Examples of statutory bodies include the Airport Authority of India, the Food Corporation of India and the National Highway Authority of India.
List out the statutory companies in India?
Reserve Bank of India , Life Insurance Corporation of India , and Railways
What are agency problems and why do they exist within a corporation?
thavin
What are the problems of state financial corporation?
insufficient securities
What is An individual appointed by a corporation to accept service of papers in a lawsuit is the agent for .?
An individual appointed by a corporation to accept service of papers in a lawsuit is the agent for the corporation. This agent is typically referred to as a registered agent or statutory agent, and their role is to ensure that the corporation can be formally notified of legal actions and proceedings. By designating this agent, the corporation fulfills its legal obligation to maintain a point of contact for service of process.
Who is the registered agent for Huntington National Bank in Ohio?
Huntington is registered with the Ohio Secretary of State as "Huntington Bancshares Financial Corporation." The statutory agent is listed there.
Problems encounterd by San Miguel Corporation and A corporation?
San Miguel Corporation has faced issues with regard to oil prices and excise tax. These affected its beer and liquor business to an extent.
Can you be my own trustee or my corporation?
Another asker who can't control his pronouns. Why would I want to be trustee of your corporation or of you? Corporations do not have trustees. If the corporation files for bankruptcy protection, you cannot be the trustee. Similarly, you cannot be your corporation. A corporation is a separate legal entity. You may be the only officer and shareholder, which can cause you some tax and liability problems, but you are not the corporation.
Is SEBI a statutory body or non statutory body?
Statutory Body
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
