Burton-Baldry, Walter Burton, (25 Oct. 1888–29 Sept. 1940), Member of London Stock Exchange and Director of Public Companies; late Captain Oxford and Bucks Light Infantry (despatches twice); late Editor and Director Fry’s Magazine

Author(s):  
Derek French ◽  
Stephen W. Mayson ◽  
Christopher L. Ryan

This chapter discusses some of the procedures to be followed when transferring some or all of a company member’s shares to another person, and the three important factors on which such procedures depend: whether or not the transfer occurs via sale on the London Stock Exchange; whether the whole or only part of the member’s holding is being transferred; and whether the shares are certificated or uncertificated. After describing share certificates and uncertificated shares, the chapter considers the provisions of Section 544(1) of the Companies Act 2006 regarding share transfer, along with the problem of who should bear the loss when a forged or fraudulent transfer of shares is committed. It also explores transmission of shares on death or bankruptcy and the abolition of bearer share warrants. Finally, it tackles takeovers of public companies and compulsory acquisition of remaining shares.


2018 ◽  
Vol 9 (2) ◽  
pp. 1-14
Author(s):  
Haryani Chandra ◽  
Hamfri Djajadikerta

Go public companies have main purpose to increase firm value consistently. Increased firm value can reflect the increase in the prosperity of shareholders. The purpose of this research is to determine whether intellectual capital, profitability, and leverage have an influence on firm value. This research is expected to help companies to determine the focus on managing the factors those have an influence towards firm value and help investors and potential investors to make investment decisions. This research is conducted on firms listed in property, real estate, and building construction sector in Indonesia Stock Exchange during 2010 until 2015. Samples are selected by simple random sampling method. The research method used is the regression analysis. Intellectual capital is measured by value added intellectual coefficient (VAIC), profitability is measured by return on assets (ROA), leverage is measured by debt- to-equity ratio (DER), and firm value is measured by the year-end closing stock price. The results showed that intellectual capital, profitability, and leverage have partially a significant positive influence on firm value. In addition, intellectual capital, profitability, and leverage have significant influence simultaneously on firm value. Keywords: firm value, intellectual capital, leverage, profitability


Author(s):  
Leslie Hannah

Historians have struggled to explain how stock markets could develop—with notable vigour in many countries before 1914—before modern shareholder protections were legally mandated. Trust networks among local elites—and/or information signalling to public investors—substituted for legal regulation, but this chapter suggests real limits to such processes. They are especially implausible when applied to giant companies with ownership substantially divorced from control, of which there were many with—nationally and internationally—dispersed shareholdings. In London—the largest pre-1914 securities market—strong supplementary supports for market development were provided by mandatory requirements for transparency and anti-director rights in UK statutory companies and by low new issue fees. There were also stringent London Stock Exchange requirements for other companies wanting the liquidity benefits of official listing. Shareholder rights were similarly achieved in Brazil and other countries and colonies dependent on British capital.


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