Business Ethics and Corporate Governance, Second Edition

DISCUSSION QUESTIONS

1. Why is it considered that the Cadbury Committee’s Report is the landmark in the evolution of corporate governance both as a concept and practice?
2. What was the objective behind the setting up of the Cadbury Committee? Explain briefly The Cadbury Code of Best Practices.
3. Explain in detail the OECD Principles of Corporate Governance.
4. Discuss critically The Sarbanes—Oxley Act of 2002. Did it have the desired impact on the management of the corporate bodies both in the USA and elsewhere?
5. Outline briefly the Indian Companies Act 1956. What were the pitfalls of the said Act and how were these sought to be remedied subsequently?
6. Discuss critically the recommendations of Kumar Mangalam Birla Committee 1999.