IIMB and IIAS, Shimla to conduct Colloquium

Bangalore, Sept 25 (UNI) Indian Institute of Management, Bangalore (IIMB) and the Indian Institute of Advance Study, Shimla will jointly organise a one-day colloquium on 'Gandhi, Governance and the Corporation' here on October Two-- Gandhiji's birthday.

Talking to newsmen Prof Balasubramanian, Chairman of the IIMB Centre for Corporate Governance and Citizenship said that "it comes at a time when there is a need for a shift in focus and strategy for corporate governance, with the world economy facing a setback in the recent times. The objective of this colloquium would be to visit Gandhian principles in the chosen areas and explore and commend their widespread application to corporations both in India and elsewhere.

Prof Pankaj Chandra, Director of IIMB said that "neither Gandhian principles nor corporate governance practices are new subjects by themselves, but what is unique about this colloquium is its objective of revisiting some of these principles and reiterating their relevance and imperatives to corporate behavior and contribution.

Prof. Peter deSouza, Director of the Indian Institute of Advanced Study, Shimla, in a telephonic discussion stressed the continuing importance of key Gandhian tenets of personal and organizational behavior. He said that "it is not unusual for Gandhi and his philosophy to be positioned at a high moral and political plane with an imagery of almost impossible of attainment by ordinary mortals." UNI MSP GM1916