International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Transparency & Accountability in Business

Author(s) Prof. Poonam Phadtare
Country India
Abstract Transparency and accountability are the cornerstones of ethical corporate governance, ensuring trust among stakeholders and fostering sustainable business practices. In today’s dynamic business environment, organizations are under increasing scrutiny from regulators, investors, and the public, making it imperative to establish transparent policies and robust accountability mechanisms. This paper explores the significance of transparency in corporate reporting, financial disclosures, and ethical decision-making, highlighting how organizations can leverage these principles to mitigate risks and enhance stakeholder confidence. Additionally, the study examines the role of corporate governance frameworks, such as regulatory compliance, board oversight, and whistleblower protection, in reinforcing accountability. Through case studies of global corporations, the research identifies best practices and challenges in maintaining transparency, including green washing, financial misreporting, and conflicts of interest. The paper also discusses the impact of emerging technologies like block chain and AI in promoting corporate transparency. Ultimately, the findings underscore that fostering a culture of openness and responsibility is not just a legal necessity but a strategic imperative for long-term business success.
Published In Conference / Special Issue (Volume 7 | Issue 3) - Two Day International Conference on Commerce & Economics (ICCE-2025) (May 2025)
Published On 2025-05-10
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E-ISSN 2582-2160
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