International Research journal of Management Sociology & Humanities
( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH
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THE ROLE OF BUSINESS ETHICS IN CORPORATE GOVERNANCE
1 Author(s): SHASHANK GARG
Vol - 4, Issue- 1 , Page(s) : 218 - 221 (2013 ) DOI : https://doi.org/10.32804/IRJMSH
As consumer movements grow stronger and stakeholders become more knowledgeable and aware of company operations, it has become necessary for corporations to come to grips with ethical issues in order to continue surviving in business. Consumers and stakeholders are becoming increasingly aware of the adverse effects of unethical business practices like low quality products and services, financial embezzlement, disregard for environmental issues and unhealthy working conditions among others. Most companies have realized the importance of upholding virtues like transparency and integrity. It has therefore become necessary to formulate and implement appropriate corporate governance mechanisms.