Advertisements IBCM defines Ethical Responsibility and Fiscal Responsibility. Ethical Responsibility could not have been defined but for the Role Models who appeared on this planet. An extract from the book on the occasion of the forthcoming Thanksgiving Day: There are four categories of people. 1. People of wisdom; 2. People pursuing knowledge; 3. People pursuing… Continue reading Role Model – Thanksgiving
Advertisements A Rejoinder to the White Paper “Too Big to Regulate? Preventing Misconduct in the Private Sector” by IBCM What’s IBCM? Please click the video of 3.24” before you proceed further on the Rejoinder.
Advertisements Search for intangible Protons, anti-protons, electrons, positrons etc. are the terms of the scientific community and one shall trust them as one has from Newton to Darwin to Einstein and leave those terms without affecting the day-to-day life of a common man. Business management too have those extra-ordinary terms to prove a point, such… Continue reading Governance = Resolving Paradox
Advertisements Steps Corporate America should take for recovery of the World Economy: Shift the focus from Balance Sheet to Governance. Have the optimum control of Governance, based on the book, Inactivity Based Cost Management [IBCM]: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability:
Advertisements International Ethical Standards Board I give below mails I have sent to several supporters of UNCAC coalition initiatives, UNDP, Vigilance Commission and Special Prosecutors [known as Lokayukta in India], with a purpose to establish International Ethical Standards Board [IESB] in the same line as IASB. Your contribution towards this objective is welcome.
Advertisements Vacuum is a space empty of matter, but cannot be explained without matter surrounding it. Antimatter is explained as antiparticle within matter and outside of it cannot be even thought about. Non-existence is relative to existence. All of them are in the same plane – matter. This is the law of nature. This is… Continue reading Measuring Corporate Social Responsibility
Advertisements Intangible is antimatter and good similarities exist between matter & antimatter in one hand, and tangible & intangible at the other. Intangible in the mundane world of business management has been used in only one instance, otherwise, not surprisingly, not touched at all. A physics textbook describes matter as “that takes up space and… Continue reading Intangible – the Eternal Seed
Advertisements This is in response to the report in Accountancy Age titled:Lords Enquiry: accounting fuelled banking crisis: http://www.accountancyage.com/accountancyage/news/2272237/audit-enquiry-accounting written by Mario Christodoulou dated 26 Oct. 2010:
Advertisements Please see below my letters to the Chairman of Sebi – Securities and Exchange Board of India during Oct. 2010 as well the one in 2007 to the then Chairman of Sebi and the then Managing Director of CRISIL. Sebi had introduced a wonderful ‘mandatory grading’ for companies that go in for IPO. Please… Continue reading IPO Mandatory Grading SEBI
Advertisements Note sent to President Obama can be found in the eMail forwarded to Kathleen Parker of Washington Post, responding to her article The economic crisis was a ‘inside job’ Wednesday, October 13, 2010 Dear Kathleen I read your article with great interest. I followed it up the same at the website of Inside Job… Continue reading Note to President Obama – what’s the way out