Corporate ethics, value-based corporate governance and Corporate Social Responsibility (CSR): The tools to curb the menace of corporate misconduct
Corporation has the potential to impact - positively and negatively - virtually all human beings. The enormous ever-growing nature of multinational corporation activities around the globe calls to have international firm legal policies, legal instruments and legal institutions. The primary aim of these should be to protect the community where the corporations are operating and also providing better grounds for trading for the corporations. It is with this instrumentalities it would be possible to regulate their conduct and accountability in case if they breach the duties owed by them under the law. This paper attempts to address Corporate Ethics, Value-based Corporate Governance and Corporate Social Responsibility as the means and tools to curb menace of corporate misconduct globally. This paper is very much relevant due to elevated and intensed attention on corporate misconducts globally. Means and tools are carved out by legislature, judiciary and executives to curb this menace. This paper will contribute to the body of knowledge in rarely trodden path that is of controlling the corporate misconduct by ensuring corporate ethical comportment.
Mahendra Ingole. Corporate ethics, value-based corporate governance and Corporate Social Responsibility (CSR): The tools to curb the menace of corporate misconduct. International Journal of Law, Volume 4, Issue 1, 2018, Pages 91-97