Unit 8- Whistleblowing
1. Whistleblowing: Meaning, Kinds, (refer hard copy notes)
Precluding the need for whistleblowing
Note: for ‘precluding the need for whistleblowing’ you may also refer handwritten notes for further insight
2. Marketing Truth and Advertising: Manipulation & Coercion, Allocation of moral responsibility in advertising 3. Trade Secrets
Note: Refer hard copy notes for 1,2,3 or “Business Ethics” by M G Velasquez chapter- 8 (individual in the organization )and chapter-6 (ethics of consumer production and marketing)
4. Corporate Disclosure
The act of releasing all relevant information pertaining to a company that may influence an investment decision. In order to be listed on major Indian stock exchanges, companies must follow all of the Securities and Exchange Board of India’s disclosure requirements and regulations.
To make investing as fair as possible for everyone, companies must disclose both good and bad information. In the past, selective disclosure was a serious problem for investors because insiders would frequently take advantage of information for their own gain - at the expense of the general investing public.
Companies are not the only entities that are subject to strict disclosure regulations. By law, brokerage firms and analysts must also disclose any sort of information that they have that relates to investment decisions. For example, in order to limit conflict of interest issues, analysts must disclose any equities that they own.
As financial reporting and disclosure are potentially important means for management to communicate firm’s performance and value to outside investors, increased disclosure practices will help in reducing information gap between firm and its stakeholders. The main reason behind emphasis on this new emerging issue is that enhanced disclosure and transparency are the twin cornerstones for protecting shareholder’s