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Business Ethics

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Business Ethics
Mgmt study material created/ compiled by - Commander RK Singh

rajeshsingh_r_k@rediffmail.com

BUS INESS ETHI CS
(Ple a se no te th a t th ese no tes a re n o t co mp reh en sive and th erefo re a d d i t io n a l r e a d i n g i s r e c o m m e n d e d f r o m d i v e r s e s o u r c e s )

Books
Ethics and Mgmt by Hosmer Business Ethics by Shekher Business Ethics by Chakrobarthy (Oxford publication)

Sy l la b us
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Evolution of thought of ethics in business Culture & ethics Overview of ethics value system, attitudes, beliefs and life patterns Social, economical values & responsibilities Trusteeship Management- Gandhian philosophy of wealth management Ethics and Indian management Basic framework of normative ethics Ethics and decision making Social responsibility of business - ethical aspects of corporate policy Morality and rationality in formal organisation Moral relations between individual and organisations Relation between ethics and corporate excellence Approaches for developing various orientate towards ethical business behaviour.

W ha t i s e t hi c s ?
Ethics means norms for the conduct of people in social groupings. Ethics is derived from Greek Word “Ethos” which means culture – the prevalent behaviour in the society. Thus, it is a code of conduct which has social acceptance. Ethics has often been misunderstood to be conforming to law. On the contrary, ethics is about voluntarily conforming to what is good/acceptable/desirable behaviour without the
Page 1 of 46 - Business Ethics (Ver 1.2 - 31.03.2007)

Jamnalal Bajaj Institute of Mgmt Studies

Mgmt study material created/ compiled by - Commander RK Singh

rajeshsingh_r_k@rediffmail.com

force of any legal/social obligation. The key word here is VOLUNTARILY. It is about choosing to do some thing that is not mandated by the law or not doing some thing that is permitted by the law but may cause harm to some one. Ethics are not universal.

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