RIGHT ETHICAL PRACTICES
FEATURES:- <ul><li>Corporate Governance Policies </li></ul><ul><li>Role of the Directors </li></ul><ul><li>Investor Activi...
Corporate Governance Policies
<ul><li>Corporate governance is about commitment to values and about ethical business conduct.  </li></ul><ul><li>how an o...
TYPES OF POLICIES:- <ul><li>Lay solid foundations for management and oversight. ( roles & responsibilities. ) </li></ul><u...
ROLE OF INDEPENDENT DIRECTORS
ROLES Fiduciary Duties No law Common for all Specific Duties Watchdog Business Advisor
WATCHDOG :- <ul><li>Reduce potential conflict between the interest of the management & the shareholders. </li></ul><ul><li...
INVESTORS ACTIVISM
FEATURES:- <ul><li>How well an investor know about their companies. </li></ul><ul><li>Given an technological advantage. </...
SUMMARY:- <ul><li>Everything should be transparent. </li></ul><ul><li>Emphasize on the values & ethics. </li></ul><ul><li>...
 
<ul><li>MADE BY : ANKIT SHARMA </li></ul><ul><li>SECTION B </li></ul>
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Business Ethics

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1) corporate governance
2) independent directors
3) consumer activism

Published in: Business, Technology
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Business Ethics

  1. 1. RIGHT ETHICAL PRACTICES
  2. 2. FEATURES:- <ul><li>Corporate Governance Policies </li></ul><ul><li>Role of the Directors </li></ul><ul><li>Investor Activism </li></ul>
  3. 3. Corporate Governance Policies
  4. 4. <ul><li>Corporate governance is about commitment to values and about ethical business conduct. </li></ul><ul><li>how an organization is managed. </li></ul><ul><li>Adoption of internationally accepted ‘Best Practices’. </li></ul><ul><li>Hardware as well as the software aspect. </li></ul><ul><ul><li>Software – the values </li></ul></ul><ul><ul><li>Hardware – the code of conduct </li></ul></ul><ul><li>(aspects are human in nature) </li></ul>WHAT IS CORPORATE GOVERNANCE:-
  5. 5. TYPES OF POLICIES:- <ul><li>Lay solid foundations for management and oversight. ( roles & responsibilities. ) </li></ul><ul><li>Promote ethical and responsible decision-making. </li></ul><ul><li>Safeguard integrity in financial reporting. </li></ul><ul><li>Respect the rights of shareholders. </li></ul><ul><li>Recognize and manage risk. </li></ul><ul><li>Remunerate fairly and responsibly. </li></ul><ul><li>Recognize the legitimate interests of stakeholders. </li></ul>
  6. 6. ROLE OF INDEPENDENT DIRECTORS
  7. 7. ROLES Fiduciary Duties No law Common for all Specific Duties Watchdog Business Advisor
  8. 8. WATCHDOG :- <ul><li>Reduce potential conflict between the interest of the management & the shareholders. </li></ul><ul><li>Demand transparency. </li></ul><ul><li>Specific interest of minority shareholders. </li></ul><ul><li>Independent assessment & evaluation. </li></ul><ul><li>Expertise – technical, financial & experienced. </li></ul><ul><li>Communicate between management & shareholders. </li></ul>Advisor:-
  9. 9. INVESTORS ACTIVISM
  10. 10. FEATURES:- <ul><li>How well an investor know about their companies. </li></ul><ul><li>Given an technological advantage. </li></ul><ul><li>Helps in maintaining transparency. </li></ul><ul><li>Few questions:- </li></ul><ul><ul><li>What is the company about? </li></ul></ul><ul><ul><li>What is the consistency in profits? </li></ul></ul><ul><ul><li>How is the company going to utilize my money? </li></ul></ul><ul><ul><li>What a companies attitude towards petty investors? </li></ul></ul>
  11. 11. SUMMARY:- <ul><li>Everything should be transparent. </li></ul><ul><li>Emphasize on the values & ethics. </li></ul><ul><li>Do not mix the own interest with the organisation interest. </li></ul><ul><li>Employ excess of Auditor (2-4) </li></ul>
  12. 13. <ul><li>MADE BY : ANKIT SHARMA </li></ul><ul><li>SECTION B </li></ul>
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