Code of Ethics

Syllabus: Code of Ethics Source: PTI Context: The Institute of Chartered Accountants of India (ICAI) is revising its Code of Ethics to permit advertising and firm websites, marking a progressive step toward ethical modernization and professional autonomy. About Code of Ethics: Definition: A Code of Ethics is a codified moral framework that governs conduct, ensuring …

The automotive industry is a fundamental sector in many countries, notably Japan and India, where it is integral to economic growth, employment, and technological innovation.

Q7. The automotive industry is a fundamental sector in many countries, notably Japan and India, where it is integral to economic growth, employment, and technological innovation. In recent years, as environmental awareness has increased globally, the demand for eco-friendly vehicles has surged. Responding to this shift, major automakers have invested in electric vehicles (EVs) and …

Whistleblowing

Syllabus: Whistleblowing Source:  FT Context: The World Economic Forum (WEF) is conducting an internal investigation into its founder Klaus Schwab after whistleblower allegations of ethical and financial misconduct. About Whistleblowing: Definition: Whistleblowing is the lawful disclosure of misconduct or unethical activity within an organization to authorized entities. Ethical Basis: Aristotelian Ethics: Focuses on moral character …

Jayanth, a respected manager at a leading tech company known for his dedication and high ethical standards, is facing a grave accusation of sexual assault.

Q7. Jayanth, a respected manager at a leading tech company known for his dedication and high ethical standards, is facing a grave accusation of sexual assault. Ananya, a 28-year-old junior marketing executive who recently joined the firm, is at the center of this controversy. Shortly after joining, Ananya and Jayanth had a serious dispute regarding …

G20/OECD Principles of Corporate Governance 2023

GS4/ GS2 Paper   Syllabus: Corporate Ethics/ Corporate Governance    Source: OECD   Context: On September 11th (2023), the OECD launched the revised G20/OECD Principles of Corporate Governance, a set of international standards aimed at promoting corporate sustainability, market confidence, and financial stability.   What is Corporate Governance? Corporate governance essentially involves balancing the interests of a …

Our software sector’s Antyodaya approach is positive for business

GS Paper 4 Syllabus: Corporate Ethics   Source: Live Mint  Context: Our software employers have always been more gender inclusive than the rest of Corporate India, but market challenges this year have made their recruitment more inclusive & forced a bold re-imagination of their people supply chains in five ways. Mahatma Gandhi often talked about …