LIBA sets up cen­tre for good gov­er­nance

The Hindu - - CHENNAI - Spe­cial Cor­re­spon­dent

A mi­cro cen­tre for good gov­er­nance has been es­tab­lished at the Loy­ola In­sti­tute of Busi­ness Ad­min­is­tra­tion. The fa­cil­ity, named af­ter London-based man­age­ment con­sul­tant Ajit Singhvi, will func­tion un­der the Cen­tre for Busi­ness Ethics and Cor­po­rate Gov­er­nance and is aimed at pro­mot­ing re­search.

The cen­tre was launched at the an­nual busi­ness ethics con­fer­ence hosted by Loy­ola Col­lege. The con­fer­ence fo­cused on pro­vid­ing a plat­form for bud­ding man­agers to learn about sus­tain­able busi­ness prac­tices and how they af­fect peo­ple and profit.

Nixon Joseph, chief ex­ec­u­tive of­fi­cer of SBI Foun­da­tion, said that down­play­ing in­di­vid­ual com­pet­i­tive­ness and en­cour­ag­ing in­ter­de­pen­dence could en­sure eco­nomic pros­per­ity of an or­gan­i­sa­tion. Stu­dents en­ter­ing the cor­po­rate world must re­main hum­ble and trans­par­ent in their deal­ings and chal­lenge them­selves in their pro­fes­sion.

Jochen Tewes, Founder, In­ter-Mis­sion In­dus­trial De­vel­op­ment As­so­ci­a­tion and Father P. Christie, SJ, Di­rec­tor, LIBA were present.

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