Sucheta Dalal :False Advertising & Corporate Governance
Sucheta Dalal

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False Advertising & Corporate Governance  

August 19, 2013

While there is so much focus on good governance, is it not strange that  this never seems to cover the outright lies and exaggerations in their advertising?

Sucheta Dalal

Two brand new statutes—the Companies Bill 2012 and an ordinance to amend the SEBI (Securities & Exchange Board of India) Act are supposed to usher in better governance, accountability, transparency and, of course, higher social responsibility among Indian companies. Why is good governance and ethical behaviour only about financial disclosures? Why is it never about the blatantly false and misleading advertising messages that companies beam daily to their largest stakeholder—millions of consumers?

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-- Sucheta Dalal



 



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