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The Forum can take legitimate credit for being among the first to comprehend a Code of Conduct for business and industry, way back in 1956. The Forum first adumbrated the current public concern with Corporate Governance, about 50 years ago. In recent years the Forum has arranged several programmes on this subject with a view to highlighting the need for companies to assume greater social responsibility and also with a view to creating credible corporate citizenship.

The Founders insisted that the Forum should always remain an ad hoc and unregistered body. Even its funds were not raised through a permanent corpus. The Forum preferred to mobilize every year small amounts from thousands of its members/supporters.

Forum’s concept of free enterprise was one with a social purpose. The Forum, stood for every individual in the country having the largest scope to make a contribution within the framework of planned development through his initiative and enterprise. And that it is ready and capable of making a substantial contribution to society provided it is not handicapped and hamstrung by the sort of controls and regulation to which it was subject.
 

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