IAS (Admin.) Mains Management Managerial Function and Process-Social Responsibility and Managerial Ethics Study Material (Page 2 of 2)

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Corporate Governance and Ethics: ‘Corporate Governance’ Has the Following Features, the CIMA Submission Highlighted, the Principles of Corporate Governance

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The Cadbury Committee Report (1991) defines corporate governance as “a system by which the corporate is directed and controlled.”

Corporate governance is the principle of ensuring that corporations are run correctly by the structures and processes available to the shareholder. The key goal of good corporate governance, according to Kumara Mangalam Birla, is to maximize the shareholder interest. A strong corporate governance structure focuses on the accountability relationshi…

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Business Etiquette

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Business Etiquette

  • Business etiquette is the code of conduct regarding the interactions among the members in a business setting that is not necessarily written anywhere.
  • Right business etiquette plays a big role in making a long lasting positive impression.
  • In business situations, showing proper etiquette will give you a competitive edge over others who may not be using proper etiquette.
  • Likewise, failing to use the correct etiquette may result in being overlooked for employment or losing other valuable opportunities. Business etiquette can be applied to many areas of an individual՚s professiona…

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