Company promoter | Wikipedia audio article
Channel: wikipedia tts
Date: 08/02/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Corporate_promoter


00:00:37 1 Fiduciary duties
00:02:58 2 Types of promoters
00:03:13 2.1 Professional promoters
00:03:34 2.2 Occasional promoters
00:04:03 2.3 Entrepreneur promoters
00:04:25 2.4 Financial promoters
00:04:46 3 Functions of promoters
00:05:00 3.1 Discovery of a business idea
00:05:32 3.2 Detailed investigation
00:06:19 3.3 Assembling the factors of production
00:06:59 3.4 Entering into preliminary contracts
00:07:22 4 See also



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SUMMARY
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A corporate promoter is a firm or person who does the preliminary work incidental to the formation of a company, including its promotion, incorporation, and flotation, and solicits people to invest money in the company, usually when it is being formed. An investment banker, an underwriter, or a stock promoter may, wholly or in part, perform the role of a promoter. Promoters generally owe a duty of utmost good faith, so as to not mislead any potential investors, and disclose all material facts about the company's business.