... alone are insufficient for good corporate governance to flourish. To quote Dr. Madhev Mehra, Chairman of World Quality Council, "For corporate governance to succeed, we have to go through a profound metamorphosis from inside out ..to develop an inner value system which prides on ethics, morality, equity, legitimacy, transparency and most of all courage to own genuine failures" (www.wcfcg.net). ...

• Word Count: 2289
• Approx Pages: 9
• Grade Level: Undergraduate