The current global environment is ripe with opportunities for developing countries. Bangladesh’s economic scorecard is well-aligned with this trend, as it showcases significant growth in line with other markets especially in the Asia Pacific region. The current Gross Domestic Product of the country stands at 6.8%, and has consistently been above 6% over the last … More Overcoming risks and fostering an ethical business environment in Bangladesh
The concept of outsourcing has taken the business world by storm. Although, it has been woven to become one of the most used buzzwords in corporate jargon, there is still scope of it being misconstrued from a governance perspective.
“Corruption affects the growth of a nation, reduces the Government’s income and creates inequalities in distribution of income and wealth. It is a major factor hindering development”, was the Indian Prime Minister’s stance on the ongoing ‘Vigilance Awareness Week’. He further went on to elaborate that corruption needs to be treated like a ‘disease’ and … More Prevention better than cure: the ‘Vigilance Awareness Week’ mantra
In our last segment of EYPerspecTV with Mr. Vinod Rai, former Chairman of United Nations Panel of External Auditors and 11th Comptroller and Auditor General (CAG) of India, we talked about how private companies in India could improve their corporate governance structures and ensure compliance in more than just substance. In the third and final segment of this series, Mr. … More EYPerspecTV – Interview with Vinod Rai (Part 3)
‘Recently, EY hosted a session in New Delhi on “Mechanisms for tackling corruption” where we had a thought provoking debate on the state of fraud, bribery and corruption in India. Mr. P.C. Sharma, former Director with the CBI and former member at the National Human Rights Commission led the session, engaging in a stimulating discussion … More Tackling corruption in India
The entrepreneurial ecosystem in India is flourishing like never before. Innovative ideas, consumer acceptability and diversity in sunrise sectors are boosting growth. Private equity/ venture capital (PE/ VC) players too are battling to seize the chance, support promising ventures to build a robust portfolio and garner high return on investment. But any path to success … More PEs in India – Is it time to reinvent the investment wheel?
Real life or virtual – everyone loves a ‘superhero’! The definition may vary – one doesn’t have to be a clichéd masked vigilante battling criminals after dark. All it takes is intent, an ethical mind-set, willingness and action toward a cause for the benefit of the company, or the larger society. But can one person … More Has India Inc. woken up to whistle-blowing?