Tag: corporate governance

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G20/OECD Principles of Corporate Governance 2023

GS4/ GS2 Paper   Syllabus: Corporate Ethics/ Corporate Governance    Source: OECD   Context: On September 11th (2023), the OECD launched the revised G20/OECD Principles of Corporate Governance, a set of international standards aimed at promoting corporate sustainability, market confidence, and financial stability.   What is Corporate Governance? Corporate governance essentially involves balancing the interests of a …

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The rise of the ESG regulations

GS Paper 3 Syllabus: Conservation, Environmental Pollution and Degradation, Environmental Impact Assessment/Corporate Governance   Source: TH Context: The evolution of environmental, social and governance (ESG) laws and regulations are still at a nascent stage in India.   Background: Businesses should be measured not just on traditional economic metrics (shareholder return), but also by their – …

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All governments are crony capitalists

GS Paper 4   Source: BS  Context: The recent Hindenburg report on the Adani group and instances of business-political nexus have highlighted the term ‘crony capitalists’    What is Crony capitalism?  A political-economic system in which success in business depends on close relationships between business people and government officials, rather than on merit and competition   Examples …

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ICICI Videocon fraud – An issue of Corporate Ethics

GS Paper 4 Syllabus: Corporate Ethics   Source: Indian Express  Context: Just days after the arrest of former MD and CEO of ICICI bank, Chanda Kochhar, and her husband, Deepak Kochhar, Videocon Group Chairman Venugopal Dhoot was arrested by the Central Bureau of Investigation (CBI) for his alleged involvement in the ICICI loan fraud case.    …

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Insights into Editorial: L’affaire NSE: is corporate governance an illusion?

  Context: Over the past 10 days, the revelations about the functioning of the National Stock Exchange (NSE) during the tenure of Chitra Ramkrishna as Managing Director and Chief Executive Officer (CEO) have had people shaking their heads in disbelief. The savvy head of the one of the world’s largest bourses taking guidance on organisational …

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Corporate governance in India is in need of structural reforms which will promote transparency, fix accountability and reward efficiency. Analyse.

Topic: Important aspects of governance, transparency and accountability, e-governance applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures. 4. Corporate governance in India is in need of structural reforms which will promote transparency, fix accountability and reward efficiency. Analyse. (250 words) Difficulty level: Moderate Reference: The Hindu Why …

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Corporate governance in India has often found to be inefficient, reactive and too powerless to prevent unethical practises. Comment in the light of recent events.

Topic: corporate governance. 6. Corporate governance in India has often found to be inefficient, reactive and too powerless to prevent unethical practises. Comment in the light of recent events. (250 words) Difficulty level: Tough Reference: Indian Express Why the question: The question is part of the static syllabus of General studies paper – 4 and …

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General Studies – Daily Answer Writing Challenge Day – 98

QUESTIONS:06/11/2013 What is the significance of good corporate governance? List out some of the important steps taken by the Government of India in this direction.(150 words) Comment on the salient recommendations of the Damodaran Committee report on improving business climate in India. (100 words) What is Emotional Intelligence? Comment on its role in public administration. (200 Words) GUIDELINES …

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