Securities and Exchange Board of India (SEBI) protects the interests of investors in securities and encourages the growth and development of the securities market. SEBI is managed by its members, which includes a Chairman, two Officers from Union Finance Ministry, one member from RBI, five members are nominated by Union Government of India. The key objectives of SEBI are: investor protection, regulation of stock markets in India, check for insider trading and control the financial Intermediaries.
Financial Management
Structure of Balance of Payments
A country archives all the inflows and outflows of funds in a statement generally known as balance of payments (BOP). In this article, we have provided the details of structure of balance of payments. The following topics are discussed: trade balance, current account, capital account, errors and omission and foreign exchange reserves.
Functions of SEBI
Securities and Exchange Board of India (SEBI) is actually an apex body for all round development and regulation of the securities market in India. SEBI aspires to eliminate the bad practices prevalent in the Indian capital market and build an environment to facilitate mobilization of resources through the securities market.
Securities and Exchange Board of India (SEBI)
The Securities and Exchange Board of India (frequently referred to as SEBI) was established in 1988 and given statutory powers on 12 April 1992. At first SEBI was a non statutory body with no statutory power. SEBI has relished success being a regulator by pushing systematic reforms boldy and successively. In this article we have discussed about the departments of SEBI, powers and functions of SEBI, and guidelines issued by Securities and Exchange Board of India (SEBI).
Importance of Fund Flow Statement
Funds flow statement is a vital financial tool that assesses the changes in financial position of a firm. Fund flow Statement aids to determine the various sources of funds and use of funds from transactions involved in the course of business. It is known with different names like: Statement of source and uses of funds, Summary of financial operations, Fund received and distributed statement, Inflow of Fund or Outflow of Fund Statement, etc.
Theories of Capital Structure
The term capital structure refers to the way an organization finances its assets via some mix of equity, debt, or other securities. It is considered that with the change in capital structure, the value of a company could be affected. There are different theories of capital structure: M&M, Trade-Off Theory, Pecking Order, Market Timing Theory, Net Income, Net Operating Income Theory, etc.
Components of Financial System
A Financial System consists of actions dealing in finance, organised into a system. Financial system performs a vital role in the functioning of the economy. A financial system is the term used for a system which facilitates the transfer of money among investors and borrowers. We have discussed about the following 5 basic components of Financial System: Financial Institutions, Financial Markets, Financial Instruments (Assets or Securities), Financial Services and Money.