Business Ethics and Corporate Governance, Second Edition

INCREASING AWARENESS

Thus, in the aftermath of economic liberalization, corporate heavyweights have started mulling over the buzz phrase of corporate governance in hastily convened conclaves and conferences. Apart from the Department of Company Affairs and the Institute of Company Secretaries, the Federation of Indian Chambers of Commerce and Industry (FICCI), the Confederation of Indian Industry (CII), which has worked out a code of corporate governance, the Securities and Exchange Board of India (SEBI) and the Association of Mutual Funds in India (AMFI) just to name a few apex bodies, have discussed it with all the seriousness it deserved. The Industrial Credit and Investment Corporation of India (ICICI) has implemented an internal corporate ...