Corporate Governance Ethics and Comparative Study of Tata and Infosys

Pratik Raj, Dr. Chandrani Ganguly

Abstract- Corporate governance and ethics are crucial elements that determine the credibility, sustainability, and long- term success of an organization. They form the framework through which companies ensure transparency, accountability, and responsibility toward all stakeholders, including shareholders, employees, customers, and society at large. This research paper presents a comparative study of the corporate governance practices and ethical standards of two major Indian corporations — Tata Group and Infosys. The Tata Group, founded in 1868, is known globally for its commitment to ethical business conduct and community development, often referred to as the “Tata Way.” Similarly, Infosys, established in 1981, is considered a pioneer in setting high standards of corporate governance within the Indian IT sector. Despite their strong reputations, both companies have faced challenges that tested their governance structures: the sudden removal of Tata Sons Chairman Cyrus Mistry and the resignation of Infosys CEO Vishal Sikka. Through a detailed analysis of these events, the paper explores key aspects such as board composition, ownership structures, transparency measures, stakeholder engagement, whistleblower policies, and sustainability initiatives. The study highlights similarities, such as a strong emphasis on ethical leadership and social responsibility, and differences, particularly in ownership models and board independence. Ultimately, the research reveals that even well-governed companies must constantly evolve their corporate governance frameworks to address internal conflicts, leadership transitions, and changing stakeholder expectations. Continuous commitment to ethical values, transparent decision- making, and stakeholder dialogue remains essential for maintaining public trust and ensuring organizational resilience.