Business Ethics and Corporate Governance, Second Edition

GROWING AWARENESS AND SOCIETAL RESPONSES

The growing awareness of corporate governance around the world has been reflected in a plethora of official reports on the subject. These include the American Law Institute Report (1992), the Cadbury (1992), Greenbury (1995) and Hampel (1998) reports from the UK, the Hilmer report (1993) in Australia, the Vienot report (1995) in France, the King report (1995) from South Africa, the OECD report in 1998, as well as studies in Hong Kong, Singapore, Malaysia and elsewhere. In India, the Corporate Governance code was first laid out by the Confederation of Indian Industry (CII) in the wake of interest generated by the Cadbury Committee Report, followed by an in-depth study made by the Associated Chamber of Commerce ...