Business Law, Public Responsibility, and Ethics Commons^™

Ethics In Business : An Overview, Rishikesha T Krishnan

IIMB Management Review

Finding a model to ensure ethical behaviour will be as elusive as the alchemists’ quest for a way of converting base metals into gold. More so, in India where the atmosphere is far from conducive to ethical behaviour. Yet, heightened public opinion and assertion by citizens’ bodies can eliminate, corruption.

Ethics For Business : Drawing On Indian Values, S K Chakraborty

IIMB Management Review

Prof S K Chakraborty of the Management Centre for Human Values, IIM Calcutta, and author of the Management Ethics Omnibus, shares the essence of his enquiry into the field for over two decades. To the basic question from students and managers as to what there is in ethics for them, teachers must communicate that ethics has fundamental existential payoffs. Especially in today’s fast-paced world, where patience is no longer a virtue and ‘false gospels’ such as rank ordering and corporate gladiatorism are being embraced in toto by the Indian intellectual elite, without pausing to reflect on their own tradition and …

Whither Business Ethics Teaching In India?, R C Sekhar

IIMB Management Review

In his effort to analyse the state of business ethics teaching in India, R C Sekhar, Professor Emeritus, T A Pai Management Institute and author of Ethical Choices in Businesses, begins by identifying the six different segments of stakeholders involved and their differing expectations. While conceding that it is a ‘desirable but daunting task’ to establish congruence of interest between teachers, students, Indian employers, global employers, Indian society and global society, he takes the pragmatic first step of devising a strategy of teaching ethics, which would consider the interests of teachers and students.From the salient trends in Indian teaching and …

Approaches To The Teaching Of Ethics : In Conversation With S K Chakraborty And R C Sekhar, C Manohar Reddy

IIMB Management Review

Prof S K Chakraborty of IIM Calcutta and Prof R C Sekhar of the T A Pai Management Institute, Manipal took time off from the National Workshop on Teaching Business Ethics at IIMB, to discuss their perspectives on the philosophy and methodology of teaching ethics, and on human values with Prof C Manohar Reddy and Prof Mira Bakhru of IIMB. The discussion raised several issues regarding ethics education. Can ethics be taught at all to adults? What is the proof of the efficacy of ethics education? Do the participants behave more ethically after attending ethics courses? How does the ‘individual …

Teaching Ethics : The Underpinnings, Fr K Cyriac

IIMB Management Review

Fr Cyriac, Professor of Organisational Behaviour, IIM Kozhikode, begins by questioning whether management education as it is imparted today, is sending confusing signals to well-intentioned students. Managers certainly need an ethical framework in order to function effectively and the crucial issue in business ethics revolves around the anchor base of values. While experts in the field often take pleasure in comparing different theories and approaches, what is needed in management education and practice is an honest attempt to balance means and ends, processes and products, consumption and preservation, competition and cooperation, IQ and EQ, self and society. In this framework …

Teaching Ethics Effectively, B A Prajapati

IIMB Management Review

Stating his proposition pithily, B A Prajapati, Professor and Head, S K School of Business Management, North Gujarat University, enumerates the three basic areas of managerial decision-making: choices about the law, choices about economic and social issues beyond the domain of the law – the ‘people values’, and choices between self-interest and the interests of the company/its stakeholders. Business ethics is the study of how moral norms apply to these activities and goals of commercial enterprise and how the business context poses its own unique problems for the moral person who acts as an agent of this system. Exercising power …

Business Ethics : The Mindtree Perspective, S Janakiraman

IIMB Management Review

Right at its inception, says S Janakiraman, one of the co-founders of MindTree Consulting, it was realised at MindTree that implanting ethical corporate values was absolutely essential for long-term strategic success. While their mission statement — ‘Deliver business-enabling solutions and technologies by creating partnerships with our customers in a joyous environment for our people’—is the unifying force between the business and its customers, their DNA—Imagination, Action and Joy — nurtures and aligns people, and builds the emotional and psychological ecology of the organisation. Their value statement —‘We are a Caring, Learning, Achieving, Sharing and Socially responsible organisation (CLASS)’— connotes integrity …

Business And Ethics, Narender Dhand

IIMB Management Review

Short cuts in earning wealth and a preoccupation with business growth to the neglect of other elements, inevitably spell grief, so believes Narender Dhand, Founder, Chairman and MD of Micromatic Grinding Technologies, a company which began as a ‘modest tool room’ and now occupies a dominant position in the Indian machine tool industry. Before dealing with ‘external’ ethics, Dhand believes in putting his own house in order. At the foundation of the core values of MGT is the commitment to ethical business practices with a people focus. The MGT culture is operationalised in their scrupulously honest dealings with the authorities, …

Business Ethics : The Indian Reality, Rajneesh Krishna, Atul Tandan

IIMB Management Review

Business ethics in an organisation originates from an interplay of its structure and culture, the compulsions of its business category and the culture of the societal system surrounding it. In India, business ethics have evolved from the origins of industry in the last quarter of the 19th century, through its consolidation during the British Raj based on the values of the European Renaissance: individualism, equality, democracy, liberalism and centrality of work. The Western industrial organisation was implanted in India, where the dominant values were holism (performance of group over individual), hierarchy and continuity. Work was not a tool to realise …

Ethics And The ‘Other’, Dipankar Gupta

IIMB Management Review

What stops top management from embracing business ethics systems, according to Dipankar Gupta, Professor, JNU and Consultant to KPMG, is the lack of clarity on the subject. All too often, business ethics is equated with religion, spiritualism, or philanthropy. In reality, ethics is a practical approach towards attaining goals in an environment that involves other people. Every right thinking executive would like to function in an environment where norms are explicit and elaborate. The institution of norms, business principles, codes of conduct, mission and vision statements is a call to business ethics and when instituted in a dialogic process the …

Corporate Governance And Ethics, Samir K Barua

IIMB Management Review

Will a model ever be found that would guarantee ethical corporate behaviour? Samir Barua, Professor, IIM Ahmedabad, traces the efforts of governments worldwide, including the setting up of the Treadway Commission (USA), the Cadbury Committee (UK), the King Committee (South Africa) and the National Task Force on Corporate Governance (India) in the last decade and a half, to ensure corporate governance. The improvements in the 90s in the accounting and reporting standards, the regulatory and supervision framework, the composition and functioning of boards and the apparent efficiency of the capital markets led to a sense of complacency that at last …

Tackling Corruption And Promoting Accountability, Jayaprakash Narayan

IIMB Management Review

Ethics in public life in India has to take cognisance of the issues of corruption, lack of transparency and accountability. Dr Jayaprakash Narayan, National Coordinator of the Lok Satta movement holds that enlightened public opinion and informed and collective citizen assertion are the basis of a successful fight against corruption. The specific strategies he suggests are: comprehensive electoral reforms to make election funding transparent and accountable, to curb criminalisation and polling irregularities, and to ensure that honesty and survival in public office are compatible; empowerment of local governments and stakeholders in a way that there are clear links between citizens’ …

The Critical Resource Theory Of Fiduciary Duty, D. Gordon Smith

Faculty Scholarship

This Article proposes a new theory to unify the law of fiduciary duty. The prevailing view holds that fiduciary law is atomistic, arising for varied reasons in established categories of cases (such as trustee-beneficiary and director-shareholder) and ad hoc in relationships where one person trusts another and becomes vulnerable to harm as a result. By contrast, the critical resource theory of fiduciary duty holds that every relationship properly designated as fiduciary conforms to the following pattern: one party (the fiduciary) acts on behalf of another party (the beneficiary) while exercising discretion with respect to a critical resource belonging to the …

宗法宗族思想觀念與中國私營企業管理, Ping Wang

Lingnan Theses (MPhil & PhD)

No abstract provided.

Social Entrepreneurship In Singapore, Wee Liang Tan, Teck Meng Tan

Research Collection Lee Kong Chian School Of Business

Social entrepreneurship is a new phenomenon in Singapore. Unlike the US, where there are entrepreneurship programs offered at various ACCSB accredited universities such programs do not as yet exist in Asia. The motivations for social entrepreneurship in Asia differ from those in developed countries. While as social entrepreneurship often stem from the social agenda of successful entrepreneurs who are motivated to repay society, the recent trend of social entrepreneurship in Asia may stem from initiatives directed at political liberalisation and the development of civil society on the part of existing governments. The Singapore government in 1997 introduced a series of …

Roundtable Series On Innovative Approaches To Land Conservation And Smart Growth, New England Environmental Finance Center

Smart Growth

A series of six roundtable discussions was conducted by the New England Environmental Finance Center (NE/EFC) from January through May 2002, one in each New England state. The objectives of the series were to consolidate expertise in financing and coordinating projects that combine conservation and development on the landscape, and to identify key areas of unmet need that could be addressed by the NE/EFC. Each discussion entailed several case study presentations and facilitated discussion about what works, what doesn’t work, and what might work in financing and coordinating efforts that combine conservation and development. Key areas of opportunity that emerged …

Corporate Philanthropy As Business Strategy : An Indian Perspective, Laxman Mohanty, Neharika Vohra

IIMB Management Review

An article in an Indian national daily some time ago indicated that the HRD Ministry of the Government of India had approached the private sector for funds to build a National Education Fund for elementary education programmes. News items such as these raise a number of questions: Why should corporations pay for what the government is supposed to handle? Is a request for funding social projects a unique situation or a commonly occurring event? Are corporations expected to bear the cost of social infrastructure?

Cyberstalking, Personal Privacy, And Moral Responsibility, Herman T. Tavani, Frances Grodzinsky

School of Computer Science & Engineering Faculty Publications

This essay examines some ethical aspects of stalking incidents in cyberspace. Particular attention is focused on the Amy Boyer/Liam Youens case of cyberstalking, which has raised a number of controversial ethical questions. We limit our analysis to three issues involving this particular case. First, we suggest that the privacy of stalking victims is threatened because of the unrestricted access to on-line personal information, including on-line public records, currently available to stalkers. Second, we consider issues involving moral responsibility and legal liability for Internet service providers (ISPs) when stalking crimes occur in their `space' on the Internet. Finally, we examine issues …

Center For Professional Ethics, Volume 3, Issue 4, [2002], Case Western Reserve University

Center for Professional Ethics

Table of Contents:

• Theater and the Law: Periaktos Productions Unites Them Again
• Word of Mouth: A Workshop in Communication Ethics
• Quotable Quotes
• June 26, 2002, Cleveland Bar Association: A Panel Discussion on Ethics, Clarence Darrow and the Law
• From the Impeach Justice Douglas! Performance: Perspectives on Mr. Justice Douglas and the Constitution
• The CWRU Law-Medicine Center presents: Gaps and Inequity in America's Health Care System
• Director's Corner: Hard Questions for Dark Times by Robert P. Lawry

Teaching Research Ethics: An Institutional Change Model, Michael Pritchard

Center for the Study of Ethics in Society Papers

Paper presented to the center, April 2002.

Toward An Ethical School, Stephan Millett

Center for the Study of Ethics in Society Papers

Paper presented for the Center of the Study of Ethics in Society Western Michigan University, January 22, 2002.

Research Ethics, Wmu Center For The Study Of Ethics In Society

Center for the Study of Ethics in Society Papers

Papers published by the center, April 2002.

Changing The Culture Of Science: Teaching Research Ethics To Graduate Students And Post-Doctoral Fellows, Brian Schrag

Center for the Study of Ethics in Society Papers

Paper presented for the Center of the Study of Ethics in Society Western Michigan University, October 11, 2001.

Appearances Are Important: Outsourced Internal Audit Services And The Perception Of Auditor Independence, Marshall A. Geiger, D. Jordan Lowe, Kurt J. Pany

Accounting Faculty Publications

The appearance of independence is an important facet of the regulation of auditor independence. The authors conducted a research study to gauge how some financial statement users—loan officers—view and make decisions based on loan proposals that present various types of relationships between the applicant, the auditor that performs the external audit, and the auditor that performs the internal audit function (whether performed in-house or outsourced to the hypothetical loan applicant's external auditor).

The results are insightful: The closer the relationship between the external auditor and the audit client, the higher the perception of inappropriateness, and the less likely the loan …

The Management And Ethics Omnibus By S K Chakroborty, Oxford University Press, 2001., R C Sekhar

IIMB Management Review

No abstract provided.

Some Ethical Reflections On Cyberstalking, Frances Grodzinsky, Herman T. Tavani

School of Computer Science & Engineering Faculty Publications

The present study examines a range of moral issues associated with recent cyberstalking cases. Particular attention is centered on the Amy Boyer/ Liam Youens case of cyberstalking, which raises a host of considerations that we believe have a significant impact for ethical behavior on the Internet. Among the questions we consider are those having to do with personal privacy and the use of certain kinds of Internet search facilities to stalk individuals in cyberspace. Also considered are questions having to do with legal liability and (possible) moral responsibility that Internet Service Providers (ISPs) have for stalking crimes that occur in …

Center For Professional Ethics, Volume 3, Issue 3, [2002], Case Western Reserve University

Center for Professional Ethics

Table of Contents:

• The Costs of Tragedy: Cost-Benefit Analysis and Theories of Justice, Ethicist Martha Nussbaum Speaks at CWRU
• Quotable Quotes
• Director's Corner: Tragic Questions and Moral Vigilance by Robert P. Lawry
• Volume 3, Number 3: Ethics Fellows News and Notes

Institutional Investors And Corporate Governance, Jinesh Panchali

IIMB Management Review

The challenge of promoting enterprise and accountability is common to all markets. What degree of freedom is right for corporate boards and how to make them accountable is a major concern in the realm of corporate governance. Even where market forces are expected to take care of the utilisation of available resources, there has to be a system which ensures that owners of these resources are made accountable for their use in the larger interests of the economy. This paper examines the rationale for institutional investors’1 activism in general and for the Indian capital market in particular, discusses empirical evidences …

Social Entrepreneurship In Singapore (German Version), Wee Liang Tan, Teck Meng Tan

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Sampling Concepts, Paul Boyd, Ph.D.

MBA Faculty Conference Papers & Journal Articles

The usefulness of any research is dependent upon how well the group studied represents the group about which decisions are to be made or conclusions drawn. That is, it depends upon how well the sample reflects relevant characteristics of the population. When it is possible to study every member of that group there is no problem, for on these occasions we can easily calculate the exact attribute (parameter) of interest for our population.

For example, if we were interested in determining the average number of gallons of gasoline sold to customers at our service station yesterday, we …