Code of Conduct
Adam Smith recognized the importance of corporate governance long back though he did not use the phrase. According to him, “The directors of the companies being the managers of the peoples’(shareholders) money than their own ,it can not well be expected that they should watch over it with the same anxious vigilance with the partners in a private corporation frequently watch over their own. ” Meaning & Definition “A code is a set of rules, which are accepted as general principles, or a set of written rules, which states how the people of a particular organization should behave” Thus it [...]