Shares/Stock Selling shares of unethical companies cheating shareholders

niche

Verified member
If a listed company is cheating small shareholders, refusing to pay them the dividend which is declared, despite making promises, what should the shareholder do? Should the shareholder waste her time, trying to force the company to pay the dividend declared, initiate legal action or just sell the shares of the company and exit. Do companies take action against shareholders who are complaining against the company for not paying the dividend promised or other unethical business practices? Have you faced the problem of non-payment of dividend in any company you invested in?
 

Ganibade

Verified member
The following options are available to small shareholders of listed corporations that assert they have sent dividends but have not provided confirmation of delivery:
Speak with the Business: In order to prove ownership and claim dividends within the allotted time frame, shareholders must first get in touch with the company's transfer agent or registrar.
Legal Reaction: Small shareholders may contemplate taking legal action to defend their rights and collect the dividends owing to them if the corporation refuses to address the matter.
 

Good-Guy

VIP Contributor
If a listed company is cheating small shareholders, refusing to pay them the dividend which is declared, despite making promises, what should the shareholder do? Should the shareholder waste her time, trying to force the company to pay the dividend declared, initiate legal action or just sell the shares of the company and exit. Do companies take action against shareholders who are complaining against the company for not paying the dividend promised or other unethical business practices? Have you faced the problem of non-payment of dividend in any company you invested in?

There are many different kinds of companies that are clearly engaged in unethical business. The fact of the matter remains that there could be many companies that may carry out secret practices that might not be known to public. However, there are a few things that public could do if they want to avoid investing money in such kind of companies.

Research about the company

In case if you are concerned about the nature of the company, then investigating about such kind of companies in a really detailed manner could help you a lot. You must carry out a proper investigation about the model of the business of the company.

Pay attention to controversies

In case if a company has engaged in a controversy before, then you could get some clues about such kind of controversies by paying a close attention to them. You can also hire a stockbroker and get as much details about the company from them in case if they may have some kind of useful information about the past of the company.

Invest in transparent companies

The best bet would be to invest in businesses or companies that have a really transparent policy. It could be a really big challenge to find such kind of companies, but it is not entirely impossible to do so.
 
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