Govt seeks insights for early warning of fraud, IPO fund use

The research aims to leverage information from statutory filings to study patterns of corporate behaviour

- Gireesh Chandra Prasad

The central government will finance research by private entities on a host of issues meant to provide insights into policy making, including early warning of corporate frauds and how companies use funds mobilized from the public.

The move seeks to leverage the wealth of information available with the ministry of corporate affairs from various statutory filings by companies and limited liability partnerships. That will help to identify patterns of corporate behaviour that will help in policy interventions.