Selling shares of a dishonest company?

[neku]

If you have invested in shares of a company, and it is dishonest, refusing to pay dividends to shareholders or involved in similar malpractices, is it advisable to sell the shares of the company, or take legal action against the company?

 

[Suba]

The amount of dividends to be distributed is determined by the Shareholders' Meeting. Dividends are not always paid in cash, but can also be paid in shares and pledges of debt or bonds. Issuers may not distribute dividends, perhaps for strong reasons such as business expansion, reserve funds, etc. If the company commits malpractice, of course the stock exchange will delist the shares so you cannot sell them on the capital market.

 

[neku]

In this case the company has declared dividends, yet not tried to pay them to the shareholder. The company claims that it has sent shares by ordinary post, where there is no guarantee of delivery, the shareholder has not received the dividend.