Avoidance of Transparency and Accountability: A Reflection on Share Issuances by Anthem Bh

What are the main rules that are avoided by Anthem Bh based on the given data?

Consider the two cases provided regarding share issuances by Anthem Bh. How did the company avoid crucial rules in the process?

Reflection on Transparency and Accountability

The main rules that Anthem Bh avoided based on the given data are transparency and accountability. In both scenarios, the company issued shares to potential shareholders, received the money, but failed to record the transactions. This lack of recording not only violates the principles of transparency but also undermines the company's accountability towards its investors.

Transparency and accountability are fundamental principles in financial management and governance. When a company such as Anthem Bh fails to record share issuances, it creates a gap in transparency where investors are left in the dark about the company's ownership structure and financial health.

Recording transactions is not only a legal requirement but also essential for maintaining trust and credibility with investors. By avoiding to document the share issuances, Anthem Bh risks losing the confidence of its shareholders and potential investors.

Furthermore, the absence of proper recording systems can lead to inaccuracies in financial reporting and compliance issues with regulatory authorities. It is imperative for companies to maintain accurate records of all transactions to ensure transparency, accountability, and compliance with industry standards.

Ultimately, by addressing the shortcomings in transparency and accountability, Anthem Bh can build stronger relationships with its investors, enhance its reputation in the market, and demonstrate a commitment to ethical business practices.