Good Governance, Business Ethics & SME Stock Exchange, White Paper 

A Practical Guide to SMEs (Small & Medium Enterprises) 

Mr. C. B. Bhave, Chairman of Securities & Exchange Board of India (SEBI) released a White Paper on Good Governance, Business Ethics and SME Stock Exchange, on the occasion of 15th Foundation Day of SME Chamber of India. This White Paper, prepared by SuperCFO Services Pvt. Ltd., was released to create awareness about Good Governance as well as to highlight benefits to SME's by becoming a Public Company on the proposed SME Stock Exchange.

SEBI has already announced rules for setting up SME Stock Exchange on the lines of similar exchanges in certain other countries. In this guide we have provided a glimpse of various benefits to SMEs by listing on the SME Stock Exchange. We have also included certain framework guidelines and related industry information.

“Good governance practices enhance companies' value and stakeholders' trust resulting into robust development of capital market, the economy and also help in the evolution of a vibrant and constructive shareholders' activism.” These were the opening remarks in the Preamble to The Corporate Governance Voluntary Guidelines 2009.

While IPO sounds exciting and is perhaps every entrepreneur's dream; the biggest concern with SMEs raising Public Funds is Corporate Governance. But with some effort and discipline, an SME could easily overcome that barrier with high standards of Corporate Governance, which would make the SME a definite winner in the eyes of the Investors as well as in the Corporate World.

Please click here to download the Report / visit: http://www.supercfo.com/pdf/good-governance-and-sme-stock-exchange.pdf

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