Corporate Governance is the topic for Read Think and Write Day-32. Corporate governance is often in news these days due to many value conflicts. The UPSC has also been asking the cases and questions on this topic continuously. Today questions enables you to attempt the theory questions in CSE Mains.
Q.1) Define the following terminologies/concepts/ethical words/principles in your own words. And write an example picking a story from your life or from the life of great leaders/thinkers or a hypothetical story in about 50-70 words for each of the concepts.
- Corporate governance
- Insider trading
- Tax evading
- Corporate social responsibility
- Trusteeship
Q.2) Our corporations should not only be legal and economic beings but moral ones too. Explain how Gandhian idea of trusteeship provides the basis for moral business? (150 words)
reference – https://www.mkgandhi.org/articles/trusteeship4.htm