Page 119 - BFSI CHRONICLE 10 th Issue (2nd Annual Issue ) .indd
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BFSI Chronicle, 2 Annual Issue, 10  Edition July 2022
                                       th
                       nd
                                            Webinar on
                 “Ethics and Corporate Governance: Emerging Trends in India”
                                        rd
                                    on 3 May, 2022 from 4 to 6 pm,
                                          organized by the
                     Banking, Financial Services and Insurance Board (BFSIB)





























                usiness ethics is the application of  Good governance is, ultimately, the sine qua
                general ethical principles to business  non for continued growth and prosperity.  No
                dilemmas and encompasses a broader  system of corporate governance can be totally
       Brange of issues and concerns than laws  proof against fraud or incompetence. The test
        do, as everything that is legal is not ethical.  is how far such aberrations can be discouraged
        Ethics involves learning what is right or wrong,  and how quickly they can be brought to light.
        and then doing the right thing -- but "the right
                                                     Keeping the considerations of behavior based
        thing" is nowhere defined in a straightforward
        way. Corporate governance is concerned with   on values and the concerted effort to deal
        the ownership, control and accountability of   with corporate ethics, the Banking, Financial
                                                     Services and Insurance Board (BFSIB), under
        companies, and how the corporate pursuit
        of economic objectives relates to a number   the Chairmanship of CMA Chittaranjan
                                                     Chattopadhyay had organized a webinar on
        of wider ethical and societal considerations.
        It is the application of best management     the topic of “Ethics and Corporate Governance:
        practices, compliance of law in true letter   Emerging Trends in India”on 3rd May, 2022
                                                     from 4 to 6 pm. The Speaker of the webinar
        and spirit, adherence to ethical standards
        and discharge of social responsibility for   was Shri Laxmi Narayan Rath, Chief Vigilance
                                                     Officer (CVO ), Bank of India with an additional
        sustainable development of all stakeholders.
                                                     charge of CVO, Bank of Maharashtra. The


        The Institute Of Cost Accountants Of India

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