Sunday, December 12, 2010

Corporate Governance

Remember Enron and Arthur Andersen? They are classic examples of how not to do business. After Enron and Arthur Andersen, Business Ethics has become the most important consideration for business corporations, big and small, the world over.

The emergence of Corporate Governance as an extremely serious area for corporations to pay attention to every hour, every day is not a very old phenomenon. One slip and the consequences are serious and may lead to closure of the corporation.

Ethics is the number one ingredient for sustaining business success. The role of CEO is the most important in this context.

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