Transparenncy

Transparency means accurate, adequate and timely disclosure of relevant information to the stakeholders. Without transparency, it is impossible to make any progress towards good governance. Business heads should realize that transparency also creates immense shareholder value. But many a time information need to move towards international standards in terms of disclosure of information by the corporate sector and though all this to develop a high level of public confidence in business. Once a company has public shareholding it is imperative that its commitment to financial transparency must be total. The company is a trustee of the investors' money and this responsibility in turn demand full disclosure. Corporations in India must learn to work with transparency and impeccable integrity as these are the essential ingredients to maximize their wealth and the wealth their interest are being taken care of.

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