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BOOK SUMMARY :

Understanding ethical behavior in the context of corporate governance requires two levels of analysis the internal concerns of corporate agency and the emergent effects on social welfarecorporate governance an ethical perspective surendra arjoon department of management studies the university of the west indies st augustine trinidadcorporate governance is the term used to refer to the policies and processes by which a corporation or other large complex institution is controlled and directed it refers especially to the way power and accountability flow between shareholders boards of directors ceos and senior managers for most corporations the basic governance structure is this shareholdersdescription colleges and universities play an important role in training competent and ethical future academic and business leaders in todays global business environment with volatile worldwide capital markets and eroded investor confidence in corporate accountability the demand for effective corporate governance and ethical conduct in ensuring reliable financial information is higher 8 corporate governance and business ethics the national codes all emphasize the ethical nature of good corporate governance special emphasis is placed on the fact that good governance is based on a number of cardinal ethical values topping the list of the values that should be adhered to in good

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