GS4 · UPSC Mains
"The Companies Act, 2013, marked a paradigm shift in India's corporate regulatory landscape by institutionalizing ethical imperatives. While these reforms aimed to align business conduct with ethical governance, corporate scandals and symbolic compliance raise questions about their efficacy." Critically examine the extent to which the Companies Act, 2013, has been successful in transforming business ethics from a procedural obligation into a moral commitment. Support your analysis with relevant examples. (10 marks, 150 words)
GS4 · Laws, rules, regulations & conscience as sources of ethical guidance; accountability & ethical governance; strengthening of ethical & moral values in governance GS4 · Ethical issues in international relations & funding; corporate governance
| Topper | Rank | Source | Copy |
|---|---|---|---|
| Aakash Om Trivedi | — | UnlockIAS | p.22 |
| Prakhya | — | Vajiram & Ravi | p.23 |