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Business Ethics and Corporate Governance 1
THE LEGAL FOUNDATIONS OF CORPORATE GOVERNANCE PRINCIPLES – WHY INFUSE
THE MUDDY RULES OF BUSINESS ETHICS?
ARUN KRISHNA DHAN & KIRAN MOHAN.V1
PART I. INTRODUCTION
The focal point of this paper is to establish how minimal a role business ethics has, or
should have, in determining the scope, extent and contours of corporate governance
principles that guide international commerce at present. The driving force behind the
New Global Economy, as Almond & Syfert say, is international competitiveness.2 As
multinational enterprises struggle to meet the challenges of today's freewheeling, truly
global marketplace, governments and businessmen alike are re-examining and reevaluating
virtually every aspect of international business practices. Thus free trade and
competitive business strategy has come to define the breadth and substance of
international commerce.
Corporate ethical conduct, as used in this paper, includes more than......

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Approximate Word Count: 4405
Approximate Pages: 18 (250 words per double-spaced page)

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