corporate ethics

Corporate EthicsUmesh & Akash

22/03/2011

• Corporate: A corporation is a Legal entity that is created under the laws of a State designed to establish the entity as a

separate legal entity having its own privileges.

Ethics: Concepts such as good and evil, right and wrong, virtue and vice, justice, etc.

Fairness

Trading practices

Customer

Government

Stakeholders

Employees

Tax payments

What are Corporate Ethics

Corporate Governance

• Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled.

MissionTo help our clients meet their goals

through our people, services and solutions

Ratan Tata

ValuesIntegrity: Honesty, fairness and transparency in our conduct and transactionsTrust: Faith and belief in each otherCare: Being concerned about the well being of all employees

Are they Important?PartnershipsInvestment

Public ImageGrowth

Shareholders lost nearly $11 billion

8000Cr Fraud

• “Have the courage to say no. Have the courage to face the truth. Do the right thing because it is right. These are the magic keys to living your life with integrity.” W. Clement Stone

• “It was like riding a lion without knowing how to get rid of it without being eaten.”

R.L.Raju