Lesson 30 – Corporate Governance

Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. It involves balancing the interests of a company’s stakeholders and provides a framework for attaining a company’s objectives.

The end of Yuddha Kanda describes Sri Rama's Pattabhisheka, the return of Rama to Ayodhya, and upon Bharata's request, Rama accepts his offer to reclaim the kingdom of Ayodhya.

Corporate Governance: Leading with Integrity for the Prosperity of All

While Rama ruled Ayodhya, there were no worries, no widows, no danger from wildlife, no fear from diseases, no theft or robbery, and no one felt worthless. Every creature was pleased, everyone was intent on virtue, creatures did not harm one another, there was no grief, and people lived for thousands of years.

During Rama’s reign, conversations of the people centered around “Rama, Rama, Rama.” The world became Rama’s world (Rama Rajyam). Brahmins, Kshatriyas, Vaishyas, and Shudras all performed their duties with satisfaction, and everyone was endowed with excellent virtues.

Good governance is all about ensuring that processes and institutions produce results that meet the needs of society while making the best use of resources at their disposal.

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