BHOPAL GAS TRAGEDY By URJIT ZAVERI 14BLS119 On the night of December 2‚ 1984 forty one metric tons of methyl isocyanate also known as MIC was released from the Union Carbide factory in Bhopal. After one year of this incident almost 1800 people dies in this disaster and 320‚000 people had been affected by it. By 1991‚around 4000 people dies because of the gas in their body. Union carbide was a U.S company that started manufacturing pesticides in Bhopal‚ India. The valve malfunctioned on the 2nd December
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The Bhopal disaster‚ also referred to as the Bhopal gas tragedy‚ was a gas leak incident in India‚ considered the world’s worst industrial disaster.[1] It occurred on the night of 2–3 December 1984 at the Union Carbide India Limited (UCIL) pesticide plant in Bhopal‚ Madhya Pradesh. Over 500‚000 people were exposed tomethyl isocyanate gas and other chemicals. The toxic substance made its way in and around the shantytowns located near the plant.[2] Estimates vary on the death toll. The official immediate
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After the Bhopal gas disaster in 1984‚ the Indian legislation governing safety and environment underwent significant changes.Specifically‚the factories Act was amended to assign the responsibility of the “occupier”‚who is legally responsible for the safety of the workplace and workers‚to the highest level of management in an organization. For a company this meant that one of the directors on the board had to be designated as “occupier”.The Environmental legislation also underwent changes ‚with the
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BHOPAL GAS TRAGEDY Presented by Swati Sudhakaran Background of Union Carbide India Ltd (UCIL) • UCIL‚ built in 1969‚ which was the Indian subsidiary of Union Carbide Corporation (UCC)‚ UCIL was owned 51% by Union Carbide Corporation and 49% of Indian investors which include Indian Government controlled banks and the Indian public holdings. In an attempt to achieve industrial self-sufficiency‚ India invited Union Carbide to set up a plant in the state of Madhya Pradesh to produce Methyl Iso
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BUSINESS ETHICS & CORPORATE GOVERNANCE OCS AGENDA • Understanding Ethics • Managing Business Ethics • Corporate Social Responsibility • Complexity of Ethical Issues • Ethical Leadership • Evaluation of Corporate Governance • Internal & External Corporate Governance mechanisms • Corporate Governance Ratings OCS Scams OCS Values • Fundamental beliefs • Principles for good‚ right and just • Evaluate something vis-à-vis a Standard • Integrity‚ Patriotism‚ Fairness OCS Morals • Values attributing
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Module Corporate Governance Business Ethics & CSR H9CGBE: Corporate Governance Business Ethics & CSR Extra Header Data Module Delivered in Programme Code MBA MSCMGMTD MSCMRKD PGDMGT Programme Master of Business Administration Msc in Management MSc in Marketing Postgraduate Diploma in Science in Management Semester 2 1 1 2 Delivery Mandatory Mandatory Elective Mandatory Module Delivered in Programme Code MBA MSCMGMTD MSCMRKD PGDMGT Programme Master of Business Administration Msc in Management
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[Dec-13] [MPRBA 203C/MPCBA 203C/MPRHR-203B] MBA‚ Twinning MBA (CMU) & MHRM Degree Examination II TRIMESTER ETHICS IN BUSINESS AND CORPORATE GOVERNANCE (Effective from the admitted batch 2013–14) Time: 3 Hours Max.Marks: 60 --------------------------------------------------------------------------------------------------Instructions: All parts of a section must be answered in one place only. Figures in the right hand margin indicate marks allotted. ---------------------------------------------
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BUSINESS ETHICS & CORPORATE GOVERNANCE BUSINESS ETHICS Distinguishing: • Ethics • Ethics in Business • Business Ethics • Governance • Corporate Governance • Good Corporate Governance In brief: • Ethics: code of conduct for personal behaviour. • Ethics in Business: Applying personal ethics into business. • Business Ethics: Ethics of business‚ what is good & bad‚ right or wrong for business. • Governance: Methods and practices
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one time. In this case‚ a company has a duty of fidelity to its owners to act in their interest as well as the duty of nonmaleficence to its employees and the local community. In deciding which duty is more important we can turn to Kantian Ethics and the ethic of care. The second reformulation of the categorical imperative says that we should “(a)ct in such a way that you treat humanity…always..as an end and never simply as a means” (Thomas‚ 2010). Following that‚ the duty of fidelity will lose priority
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CASE STUDIES: BHOPAL GAS TRAGEDY AND ITS ETHICAL ISSUES SUMMARY Bhopal Gas Tragedy was a gas leak incident in India‚ considered one of the world’s worst industrial catastrophes. It occurred on the night of the last year of 1984 at the Bhopal Union Carbide Corporation (Union Carbide India Limited – UCIL) pesticide plant in Bhopal‚ Madhya Pradesh‚ India. A leak of methyl isocyanides gas and other chemicals from the plant resulted in the exposure of hundreds of thousands of people. It also causes
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