Volume : 2, Issue : 6, June - 2013

Ethical Governance for a Knowledge Based Economy: Reconnecting Accounting and Auditing with Knowledge

Dr. Gaurav Malpani

Abstract :

The beginning of twenty–first century was marked by an emphasis on ethics in business and education, if only in response to scandals and crises that shook the public’s trust in institutions public and private. The collapse of Satyam Computers is a case in point, as is the 2G Spectrum controversy that continues to emoil business and government leaders alike. This paper has sought to make the case that questions of ethics are fundamentally about every individual’s place in the organisation and the socioeconomic system at large, and can only be resolved properly through a concerted focus by everyone on knowledge building. Fundamentally, that knowledge–building includes the determination of everyone’s rightful place in the organisation and the socio–economic system at large. That is the central question that human society has grappled with over millennia, a key to which can be found in the Taittiriyopanishad in the form of training everyone to concentrate the mind on a purpose.