Question 6(a)GS4GS2
In light of the recurring issues, there is a constant need to search for better ethical frameworks and models of corporate governance. Discuss with adequate examples and evidence in support of your arguments.
Introduction
Corporate governance refers to a set of system, principles and processes that guide administration in corporates.
16 words
Main Body
Recurring Issues
Rising scams eg: Satyam etc
COVID pandemic - Rising NPHA among induced reckonichat Banks eg: Lakum Vitals banks
Better ethical frameworkBenefit
1It will ensure corporates function within laws & ethics. eg: recent report of Facebook and its impact on elections
2Will attract investors eg: Recent fortune deal & its architecture
3Best practices from all over the world. eg: Parental leave → employ retention
4Stakeholders & not only shareholders' benefits must be considered. eg: promote customer satisfaction etc
5will prevent delay & inefficiencies eg: Vedanta mining in Odisha
New ethical framework will ensure India's corporates are globally competitive and lead to economic as well a social development (eg CSR)
119 words3 paragraphs2 bullet points
Conclusion
New ethical framework will ensure India's corporates are globally competitive and lead to economic as well a social development (eg CSR)
21 words
Examiner score
0.8/10Open original scan
Page 23
Topper
Alase Hrishikesh Rajendra
AIR 61
Subject & Paper
GS4GS2
Topic
Statutory, Regulatory and Quasi-judicial Bodies
Regulatory Bodies
Regulatory Bodies
Writing Stats
156
Total words
3
Paragraphs
2
Bullets
analytical
Tone