Index

Aadhar Card, 102

Action Process, 27–28, 59–62, 68–69, 76–77

properties of, 77–78

ratings for, 77

Action Value Capital, 78

American Online (AOL), 45

Apple, 70

Arthapatti, 112

Artificial intelligence, 101–102

Ashland Oil Inc., 81

Ashoka’s edicts, 123–124, 131

Atomic structure

benchmarking corporate atomic structure aligning with, 89

similarity between corporate atomic structure and, 86

Audit profession, 132–133

Authority, 44, 51

Barings Bank, 82

Bayer, 2

Big Bang, 27

Blockchain technology, 131

Board of Banking Supervision, 82

Board of directors, 102–105

Brahma Sutra, 32

Capitalism, definition of, 20

Capital–Output Ratio, 113–114

Carillion, 2, 3

Causality, 1–15

Chartered accountant (CA), 132–133

Code of business principles (CoBP), 6, 7, 75

Code of Conduct (CoC). See Code of business principles (CoBP)

Committee of Sponsoring Organizations of the Treadway Commission (COSO) Framework, 23, 24, 55, 75

Control Environment, definition of, 23

Corporate atomic structure, 84–89, 95

007 factor, 88–89

benchmarking, aligning with atomic structure, 89

similarity between atomic structure and, 86

Corporate body

four auxiliary limbs of, 97

six limbs of, 96

Corporate citizenship, 133–135

Corporate Critical Density, 99–100

artificial intelligence, 101–102

board of directors, 102–105

reverse mentoring, 105–106

sustainability, 100

Corporate electron, CREAM Report for, 109–119

Corporate ethical responsibility (CER), 4–5

Corporate Ethics, 93

Corporate fiscal responsibility (CFR), 4

Corporate governance, 9, 112

Corporate neutron. See Society, for corporate neutron

Corporate proton, 99–106

Corporate social responsibility (CSR), 4

Corporate structure, 62

Corporate Yoga, 94

COVID-19, 91, 106

CREAM analytics framework, 91–92

CREAM Report

for corporate electron, 109–119

deeper commitment with, 114–115

Hindustan Unilever Limited, 110–112

rating, 105

spot your place, 115–116

Creamchain, 130–132

Creative Process, 27, 56, 59, 60–62, 68, 91

properties of, 77–78

ratings for, 74

Credibility, 44, 51–52

3-D Corporate Atomic Structure, 85–86

Data explosion, 95

Economic disasters, 22–23

Effort transforms mass into energy, 59–60

Efforts per person (EPP), 127–130

Emergent property phenomenon, 94–97

Enabled balance sheet, 44, 52

Enterprise resource planning (ERP), 101

Ethical assets, 9, 35, 88–89, 99, 130

Ethical Assets Premium Account, 116

Ethical Responsibility (ER), 93, 105, 121–123, 133, 134

Ethical Strategy Plan, 75

European Organization for Nuclear Research (CERN), 11–13, 67

Shiva’s cosmic dance statue, 12

Exchange rate crisis, 45

Farmer producer companies (FPCs), 102, 114

Farmer producer organisations (FPOs), 102, 114

Federation of Industries and Associations (FIA), 127

Fiduciary responsibility, 1

Financial Crisis Advisory Group (FCAG), 49

Food and Drug Administration (FDA), 6

Food and Drug Administration (FDA) Modernization Act (1997), 25–26

Foreign Corrupt Practices Act (FCPA), 22, 42

G-R-A-C-E, 44–51, 132

G-R-A-C-E Version 2, 51–52

General Motors, 70

GenNext, 106

Global Happiness Index, 124

“Goldilocks Effect,” 100

Good manufacturing practice (GMP), 6

Governance, 44, 51, 83

Government Auditing Standards, 83

Gross domestic product (GDP), 126–127

Gross National Happiness (GNH) Index, 126–127

Gujarat state domestic product (GSDP), 127–130

Happiness Index, 124–125

Hedonism, 21–22

Hewlett-Packard (HP), 2

Hindustan Unilever Limited

CREAM Report, 110–112

IAS 9, 1977, 42–43

IAS 38, 41, 46

Implication, 63–64

Inactivity Based Cost Management (IBCM), 81–97

corporate atomic structure, 84–89

emergent property phenomenon, 94–97

governance gets measured and managed, 81–83

measure qualitative elements, 84

return on intangible, 90–94

Index of inactivity (IA)

by process area, 103, 110–112

by resource area, 104, 110–112

Indian Brand Equity Foundation (IBEF) report, 102

Indian Companies Act 2013, 23–26

India’s GDP, 115–116

Industrial Credit and Investment Corporation of India (ICICI), 3

Industrial Development Bank of India (IDBI), 3

Infosys, 2

Infrastructure Leasing & Financial Services (IL&FS), 2, 28, 37

Innovation, 27, 56, 62, 91

Insolvency and Bankruptcy Code (IBC), 9

Instinctive, 10

Institute of Chartered Accountants of India (ICAI), 132

Intangible

defined, 61–62

implication, 63–64

search for, 56

opposite values, 56–58

Intangible assets, 41–53

definition of, 41, 46

G-R-A-C-E, 44–51

G-R-A-C-E Version 2, 51–52

IAS 9, 1977, 42–43

Intangible, measuring, 67–80

Action Process, 68–69, 76–77

Action Value Capital, 78

corporate transformation cause, 69–75

creation of substance, 67–68

Creative Process, 68

Intangible Value Capital, 78–79

Intellectual Value Capital, 75–76

Intangible Value Capital, 78–79

Intellectual property (IP), 48, 49

Intellectual property right (IPR), 27, 49

Intellectual Value Capital, 75–76

International Accounting Standards Board (IASB), 41

International Accounting Standards Committee (IASC), 41, 43, 44, 46

International Covenant on Economic, Social and Cultural Rights (1966), 7

International Finance Corporation (IFC), 3

ISO 26000 Social Responsibility, 134–135

Keynes’s Animal Spirits, 24–25, 73

“Know Thyself,” 32–33

Knowledge is goal of ethics, 25–26

KPMG–EIU survey, 84

Lamborghini, 3

Large Hadron Collider (LHC), 27

Lehman Brothers, 83

Linga, 112

Lockheed Aircraft Corp., 22

London Inter-bank Offered Rate (LIBOR), 13

MAGA (Make America Great Again) campaign, 19–20

Micro, small and medium enterprises (MSME), 3, 61

Micron Technology, 45

Microsoft, 42, 45, 70

Monsanto, 2

Morality, 21

Motorola, 45

Mutual funds, 48

National Aeronautics and Space Administration (NASA), 30, 42, 67, 70–71

National Institute of Standards and Technology (NIST), 131

Newton’s First Law of Motion, 27–28, 89

Newton’s Second Law of Motion, 90

Non-performing assets (NPAs), 3, 9, 72, 99

Opposite Value Analysis, 95

Opposite values, 56–57

study of, 57–58

Organisation for Economic Co-operation and Development (OECD), 22, 51, 62, 95, 131

Organizational restructuring, 84

Plato’s Cave, 12–14

corporate is living in, 14

Process Blocks, 92–93

Project FISCAL (farmer–industry–society & consolidate agri leadership), 102

Pulsating energy, 26–35

Reliance Industries, 70

Reserve Bank of Australia, 82

Responsibility, 44, 51

Return on intangible, 90–94

Reverse mentoring, 105–106

Sage of Kanchi, 58

Sankalpa, 115–116

SAP Software Solutions, 35

Sarbanes–Oxley Act (SOX), 22, 55

Self-governance, 33, 72–73, 93, 121

Serious Fraud Investigation Office (SFIO), 14

Societal good, 3, 4, 8, 122

Society, for corporate neutron, 121–137

audit profession, 131–133

corporate citizenship, 133–135

creamchain, 130–132

Spreadsheet Organization Structure, 62

State morality. See Ashoka’s edicts

Strategy Plan, 69, 77

deeper commitment with CREAM Report, 114–115

Subject - Object Distinction of Qualitative and Quantitative Elements of Management, 135

Substance

creation of, 67–68

transformation stages, 69–75

Substance of Quality, 68, 73–74

Sustainability, 30, 84, 100

of efficiency, 88, 97, 115

of profits, 35, 88, 97, 115

of value system, 88, 97, 115

Sustainable Living Plan project, 4

Tamil Nadu State Marketing Corporation (TASMAC), 134

Tata Group, 2

Tesla, 70

Toshiba, 2

Total quality management (TQM), 6

Transparency, 122

Truth, 56

UN World Economic Survey report 1977, 43

UNCAC Article 10, Public Reporting, 5, 26, 122

UNCAC Article 12, Private Sector, 134

UNCAC Article 13, Participation of Society, 5, 25, 122

UNCAC Article 46, Mutual Legal Assistance, 76

Unilever, 4, 70

United Nations Convention Against Corruption (UNCAC), 5, 68, 75–76, 134

United Nations Global Compact (UNGC), 6, 68

United Nations Millennium Declaration, 3

U.S. Government Accountability Office, 83

U.S. Securities and Exchange Commission (SEC), 46

Volkswagen, 2, 7, 23–24

What you see is what you get (WYSIWYG), 32

Whistleblower Policy, 6, 76, 111, 112

World Commission on Environment and Development, 100

World Economic and Social Survey 1995, 47

World Happiness Report, 125–126

007 factor, 88–89