ETHICS IN ACCOUNTING: A CASE STUDY OF BSE 30 COMPANIES ABSTRACT

Prof. (Mrs.) Prashanta Athma , Mrs. N. Rajya laxmi

Abstract


Every business entity has to maintain Ethical Standards in order to survive successfully in the market and improve total organizational competencies and efficiencies.  Ethics means the basic concepts and fundamental principles of right human conduct, which involves differentiating between good and bad, right and wrong, so that an accounting professional follows what is principally right for him to do.With effect from 1st April 2005, SEBI has made it mandatory for every listed company to lay down a code of conduct for all the Board Members. 

 Code of Conduct acts as a directive and guide to employees and other stakeholders in laying down the organization’s expectation of them and is a reference to all other detailed policies of the organization.  It is a part of Corporate Governance.  It promotes the organization value and enhances its Ethical Environment. 

 The study is,therefore, undertaken with the following objectives to look into the Ethical Practices of BSE Companies. 

  • To identity the areas Covered under Code of Conduct
  • To analyze the Code of Conduct Practices by BSE 30 Companies
  • To identify the world wide top ethical Companies and make a Sectorial Analysis
  • To Analyze the perceptions of the Accounting Professional towards Ethical Practices

The Study is based on both Primary and Secondary Data.  Primary data will be collected by administering a Questionnaire and Secondary data will be collected from various Company Annual Reports and Journals. The data will be analyzed with the help of Disclosure Index and Percentages. 


Keywords


Code of Conduct, Disclosure Index.

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References


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