The recent situation of our capital market is very much volatile. For that, the authority took some steps to prevent the volatile situation. For that, the SEC encourage and enforce the Directors of all listed company to buy at least 30% share of their company. I think, it have a great to run our capital market to a better position.
When i am writing this article, there are only 50 listed company directors who have the 30% share of their company. It is very bad.
Because, if they have not the shares of their company, they are not working for the betterment of their company. SEC gives them to buy minimum 30% shares of their company. It enforced the directors to do for the betterment of their company. For that, the company do her business very well for that the company pay the big profit to the general investors.
At last, i also add that, it creates the demand in our share market which can helps to get a good share market in our country.