Q.4 Analyze the significance of appointing ethics officers in the light of strengthening corporate governance in India. (10 Marks) .

Mentor’s Comments-

  • Briefly define the role of ethics officer.
  • Mention the significance of the ethics officers with relevant examples.
  • Conclude by providing the status of ethics officers in Indian companies and their needs.

Comments

6 responses to “Q.4 Analyze the significance of appointing ethics officers in the light of strengthening corporate governance in India. (10 Marks) .”

  1. Karun Kumar Takhele Avatar
    Karun Kumar Takhele

    ID-Ir1zuLIKkQ1gwr

    1. Staff @CD Avatar
      Staff @CD

      Karun

      In intro, after first line you can mention briefly the function of ethics officers- serves as an organization’s internal control point for ethics and improprieties, allegations, complainta etc.
      Content of the body is good. Good number of examples have been mentioned.
      Further you can talk about role in whistleblower protection and promoting ethical work culture. Looking after issues like child labour, employee welfare(hire and fire policies) can also be mentioned.
      Conclusion part is fine.
      Still, Overall good answer.
      Keep practicing. 🙂

  2. aarti bhimani Avatar
    aarti bhimani

    @staff

    1. Staff @CD Avatar
      Staff @CD

      Aarti

      In intro, instead of defining ethics you can mention briefly the function of ethics officers- serves as an organization’s internal control point for ethics and improprieties, allegations, complaints etc.
      Content is decent, try to include examples where ethics officer would have been useful like Satyam Scam, Vodafone, usefulness in handling environmental issues- Vedanta etc
      Further you can add points like role in protection of whistleblowers, strengthening faith of shareholders, handling ethical issues like child labour, policy of hire and fire(labour welfare).
      Way forward is fine. In conclusion, you have overplayed the role of an ethics officer a bit, corporate governance is a broad term and ethics officer is one cog of the wheel.
      Keep practicing. 🙂

  3. Anoop Sharma Avatar
    Anoop Sharma

    Id #0000520807

    1. Staff @CD Avatar
      Staff @CD

      Anoop

      Good attempt, presentation is nice.
      Introduction is fine, nice that you have mentioned some examples.
      In role you can further mention protection of whistleblowers, strengthening faith of shareholders, handling ethical issues like child labour, labour welfare, environmental issues like air pollution, chemical discharge in water bodies etc
      Other points mentioned are good.
      Conclusion is decent, you can highlight the absence of ethics officers even in value-based companies such as Tata Steel and the need to appoint one.
      Keep practicing. 🙂

      4.5/10

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