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Ethical governance is essential for ensuring that organizations operate in an ethical and responsible manner, and that they are accountable to their stakeholders. Explain.

Topic: Philosophical basis of governance and probity

6. Ethical governance is essential for ensuring that organizations operate in an ethical and responsible manner, and that they are accountable to their stakeholders. Explain. (250 words)

Difficulty level: Moderate

Reference: Insights on India

Why the question:

The question is part of the static syllabus of General studies paper – 4 and part of ‘Conceptual Tuesdays’ in Mission-2023 Secure.

Key Demand of the question:

To write about the attributes of ethical governance.

Explain – Clarify the topic by giving a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts.

Structure of the answer:

Introduction: 

Begin by defining ethical governance.

Body:

Write about the various attributes of ethical governance – ethical behaviours, processes, procedures, culture, ways of doing and being that ensure high standards of performance, economy, effectiveness, efficiency, quality and satisfaction etc. Cite examples to substantiate.

Conclusion:

Conclude by summarising.