One of the most critical decisions you will face as a business owner is whether to incorporate (i.e. form a private limited company) or to operate your small business as a proprietor. You should consider three aspects before answering this question: Number of stakeholders. At what stage is your business? What are your long term…
compliance
Executive Compensation: Best Practice Standards
The spectacular rise in executive compensation in recent years has not just drawn shareholder attention; it has drawn attention even from the common folk who often blame corporate greed and mismanagement for economic slowdowns. Executive Compensation Financial payment and non monetary benefits awarded to a firm’s executives including company presidents, chief executive officers (CEOs), chief financial officers (CFOs), vice presidents, directors,…
FCPA Compliance – Challenges for U.S. Companies doing business in India
FCPA in a nutshell Title: Foreign Corrupt Practices Act, 1977 of the United States of America History: Passed as a result of Congressional hearings addressing corporate slush funds, illegal campaign contributions and international bribery. Purpose: It is considered as the first aggressive anti-bribery statute among developed nations. Prohibits: The FCPA prohibits offer, payment, promise or…