GS4 · 10 marks · 150 words

With the increasing role of the corporate sector in wealth generation and employment, ethical governance has become essential. Identify and discuss the ethical principles that should guide the corporate sector to ensure the interests of stakeholders and societal well-being.

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Syllabus: Public/Civil service values and Ethics in Public administration: Status and problems; ethical concerns and dilemmas in government and private institutions; laws, rules, regulations and conscience as sources of ethical guidance; accountability and ethical governance; strengthening of ethical and moral values in governance; ethical issues in international relations and funding; corporate governance.

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