Corporate Governance and Inner Consciousness

Abstract

The corporate world is adopting the mechanism of legislation and guidelines to establish a framework of least corruptive practices. But how far this will lead to achieving the coveted goal still needs to be seen. Applied ethics is an operative mode of behaviour and action, whereas normative ethics is the guideline to be used as an adjudging tool. The former is the ethical action interfaced with real life issues and the latter is the prescription to be applied to make the ethical values pervasive.