Cover
Contents
1. Introduction
The Purpose of this Book The Necessity for Business Ethics
The Need for Strong Ethical Guidelines
Earlier Attempts at Ethics in Industry
Some Implicit but Salient Issues in Ethics and Commerce
Means and Ends
Ethics as a Luxury
Corporate Governance
Concluding Remarks
Summary of Chapter
Multiple Choice Questions
For Discussion
2. Justification for Ethics
Introduction
Money Matters
Bankruptcy
Late Payment of Accounts
Corruption
Delayed Capital Expenditure
Bribery
Secret Commissions
Shadow Economy
Tipping
Corporate Matters
Corporate Philanthropy
Ethics and Profit
Economics, Opportunities and Ethics
Ethical Investment
Three Beneficiary Views on Ethics
Guidelines for Ethical Issues
Summary of Chapter
Multiple Choice Questions
For Discussion
3. Some Basic Principles in Ethics
Introduction
Language of Globalisation
Practical Benefits of Ethics
Aspects of Ethics
Relationships and Values imder Constant Test
Equity of Relationships and Ethical Behaviour
Ethics and the Vulnerable
Defences in Product Liability
Interests of the Smaller Shareholder
Power and the Professions
Labels and Victims
Formal Versus Personal Relationships
Difficulties in Social-Business Relationships
Goodwill
Leadership
Industrial Relations
Organisations and Ethics
Corporate Climate Audits
Defming the Corporate Climate
The Advantages of Corporate Climate Audits
Experts and the Corporate Climate Audits
Political Issues
Politics and Casuistry
Codes for Public Servants
The Application of Codes Outside the Workplace
Concluding Remarks
Summary ojChapter
Multiple Choice Questions
For Discussion
4. The Nature aud Theory of Ethics
Introduction
The Nature of Ethics
The Relevance of Indian Moral Teachings
Definitions
Ethical Absolutes and Consequentialism ()I Bases of Morality
Aspirations or Pnnishment
Principles and Ideology
The Pervasiveness of Actions
Right Action and Right Thought
Relative and Absolute Ethics
Stages of Moral Development in Humans
The Naturalistic Fallacy
Types of Virtue
John Stuart Mill"s Utilitarianism
G. E. Moore's Philosophy
Quantification and Ethics
Techniques for QuantifYing
Excellence
Concluding Remarks
Summary oJChapter
Multiple Choice Questions
For Discussion
5. Origins and Explanations of Ethics
Physical Factors in Ethical Decisions
Physical Matters
Psychological Theory and Ethics
Sociobiology
The Benefits of Co-operation
Cross-cultural Issues
Culture and Ethics
Personality and Ethics
The Effect of Migration on National Character
Bases of Codes
Emergent Ethics
Concluding Remarks
Summary of Chapter
Multiple Choice Questions
For Discussion
6. Legal Aspects of Ethics
Introduction
Complying with the Law
The Legal Weight of Codes
Ethics as a Contract
Legal Versus Moral Behaviour
Some Legal Cautions
The Hart-Devlin Debate
Ethnic Differences and the Law
Legal Pluralism
Formal and Informal Codes
Natural Justice
Governmental Regulatory Bodies
Concluding Remarks
Summary of Chapter
Multiple Choice Questions
For Discussion
7. Identifying Ethical Issues
Preventing Ethical Problems
Being Ethical in an Unethical Environment
Confronting Ethical Dilernmas
Economics of Ethical Decision Making
Approaches to Dilemma Identification and Resolution
Disposition of Cases: Applying Sanctions
The 'Decision Tree' .
Concluding Remarks
Summary a/Chapter
Multiple Choice Questions
For Discussion
8. Fostering Ethical Behaviour
Fostering Ethics
Formal Teaching in Ethics
Other Methods of Teaching Ethics
Gambling as ao Encouragement to Ethical Behaviour
Assessing Ethical Performance
Conuption Index
Particular Organisations Relating to Ethics
Ethics aod other Organisations
Biological Matters
International Matters
Whistieblowing
Concluding Remarks
Summary a/Chapter
Multiple Choice Questions
For Discussion
9. Principles and Cases
Key Principles of Ethics lSI Preamble lSI Primary Principles Outlined
Case Study: Medications to Third World Countries
Case Study: Copyright of Yoga
Case Study: Baok Takeover
Further Cases for Consideration
Commentary on Resolving Cases
Web based Cases
Summary o/Chapter
Multiple Choice Questions
10. Corporate Social Responsibility
Introduction
Mapping the Terrain
Dealing with other CSR Aware Corporates
A Proposed Framework for CSR
Examples of CSR Initiatives in India -
1. ABN Amro Bank NV
2. Aditya Birla Group
3. Infosys Technologies Limited
4. Ballarpur Industries Limited (BILT)
5. British Gas (BG) India
6. Intel India
7. Tata Sons
8. ABBLtd.
9. Tata Steel
Profit and Sustainabillty
Concluding Remarks
Multiple Choice Questions
11. A Proposed Code of Bnsiness Ethics
Code of Conduct for Business in India
Cases
Case One : The East India Company
Case Two: The Glass Ceiling
Case Three: Discrimination on Health Grounds
Case Four: Trade in Human Organs
Case Five: The Whistleblower
Answers to Multiple Choice Questions
References and Searches