Authors

1. Ms. Neha Mathur

Affiliation

• Deepshikha College of Technical Education Jaipur

Abstract

Business ethics is the study of morals and moral choices which focus on standards, rules and codes of conduct that govern the behavior of individuals and groups. Business ethics are an integral constituent of corporate governance. Corporate governance is the aggregate of conventions, procedures, regulations, and policies, which guide the way a firm is directed and controlled. It is a system of structuring, operating and controlling a company with a view to achieve long term strategic goals to satisfy its shareholders, creditors, employees, customers and suppliers. The corporate governance is the efficient use of resources and equally accountability for the stewardship of those resources. Gabrielle o’ Donovan defines corporate governance as “an integral system encompassing policies, processes and people, which serves the needs of shareholders and other stakeholders, by directing and controlling management activities with good business savvy, objectivity and integrity”. Its aim is to align as nearly as possible the interests of individuals’ corporations and society. In this article the emphasis is on the role of corporate governance in banks as they are the critical infrastructure component in an economy.

Keywords

Corporate Governance, Corporations,, Stakeholders, Accountabilitys

References

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