Governance Business Ethics and Sustainability Paper deals with the various dos and donts of any business. Decisions which are taken must be ethically correct and must not only be taken only for making money. How to deal with various situations also forms a part of this subject.

What is taught in this paper?

The paper is an essential one for business management and ethics related to quality management and improve and maintaining the quality.

Importance of this subject:

The paper is covering the module 4 in the syllabus and it covers the business ethics and sustainability issues related to it.

Paper Pattern:

The paper of ICSI module IV is a very tough paper and the paper contains 7 questions in the paper. The questions are divided into 2 sections; Section A is of 3 questions which are divided into 5-6 sub-questions from it 2 questions are needed to be attempted. Section B is of 4 questions and it is also divided into 5-6 sub-questions from it 3 are to be attempted and question no. 7 is compulsory to attempt. Each question is of equal marks.

Frequently asked questions:

Questions asked are such as Management structure for corporate governance, Board structure, building responsive boards, An analysis of legislative framework of corporate governance in various countries, Corporate Social Responsibility and good corporate citizenship, Various corporate governance forums, Evolution, concept, principles and development, Genesis, significance and scope, organization perspectives, Concept of the stakeholders’ organization, Challenges of business ethics and corporate leadership, Contemporary developments, Principle of Absolute Liability etc.

Marks and time:

The paper is of 100 marks and time duration for the paper is 3 hours only.

Recommended Books:

• Critical Studies on Corporate Responsibility by Emerald
• Business Ethics and Corporate Sustainability by Antonio Tencati