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in-depth guide meticulously tailored for IGNOU students enrolled in MEDS 055. Delve deep into the principles, practices, and challenges of ethical behavior and effective governance within corporate settings.This guide offers a holistic perspective on corporate ethics and governance, encompassing various topics such as ethical decision-making, corporate social responsibility, board effectiveness, transparency, and accountability. Through engaging explanations, real-world case studies, and thought-provoking exercises, students will gain a profound understanding of the importance of ethical conduct and robust governance mechanisms in ensuring corporate sustainability and stakeholder trust.Whether unraveling the complexities of ethical dilemmas, regulatory frameworks, or corporate scandals, this guide serves as an indispensable resource for students seeking to engage meaningfully with the theory and practice of corporate ethics and governance.