The better the question. The better the answer. The better the world works. У вас есть вопрос? У нас есть ответ. Решая сложные задачи бизнеса, мы улучшаем мир. У вас є запитання? У нас є відповідь. Вирішуючи складні завдання бізнесу, ми змінюємо світ на краще. Meilleure la question, meilleure la réponse. Pour un monde meilleur. 問題越好。答案越好。商業世界越美好。 问题越好。答案越好。商业世界越美好。

 

2018 saw India moving up to rank 77 in the World Bank’s Doing Business 2019 survey; it is also expected to stay unchanged as “the fastest growing emerging market economy.” The forecast as per the World Bank’s Global Economic Prospects Report - January 2019 further projects a static 7.3% growth in FY19, with the coming three years expected to grow at 7.5%.

India’s rich and resilient business ecosystem is led by favorable reforms, a strong domestic consumption pattern and revival in credit growth. In such a state, incidences of fraud, bribery and corruption can cast a strong glare on private as well as public enterprises, making investors, customers and employees skittish about the future.

The direct link between integrity and performance is not new. It has been observed that companies that behave ethically, with a high integrity quotient, tend to have happier and motivated employees. Stakeholders are also aligned toward overall organizational growth leading to better performance and profitability.

While building ethical companies may not be an easy task, it is necessary for long term survival, viability and sustainability. Most importantly, the trifecta of sound governance, transparency and ethical conduct can propel good companies to become great.

As we power through this transformative age, EY’s Forensic Outlook 2019 outlines key trends for companies, their management and boards to inspire trust, instill confidence and create extraordinary value.

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EY - Arpinder Singh

Arpinder Singh

Partner and Head – India and Emerging Markets, Forensic & Integrity Services
+91 124 443 0330
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EY - Forensic  Outlook 2019
Forensic Outlook 2019

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