Business Ethics and Corporate Governance
ACHARYA INSTITUTE OF GRADUATE STUDIES
SOLADEVANHALLI, BANGALORE
LECTURE NOTES
SUBJECT: BUSINESS ETHICS & CORPTORATE GOVERNACE
CHAPTER NUMBER-I
CHAPTER NAME: - INTRODUCTION
PREPARED BY: MR.SHAIKH JUNED SAOUD
In brief: -
Meaning of Ethics: -
Ethics is derived from the latin word ETHICUS and in greek it is called ETHICOS meaning character or manners. In other words ethics is said to be source of morals, moral principles and recognized rules of conduct.
Definition of Ethics: -
According to R. Wayne Mondy, ‘ethics is the discipline dealing with what is good and bad, or right or wrong or with moral duty and obligations”.
Meaning of Business Ethics: -
Business Ethics are rules of business conduct, by which the proprietary of business activities may be judged. It also relates to the behavior of managers.
Definition of Business Ethics: -
According to John Donaldson, “Business Ethics in short can be described as the systematic study of moral (ethical) matters pertaining to business, industry or related activities, institutions or practices & beliefs”.
Objectives of Ethics: -
1. To define the highest good of man and set a standard for the same. Here we have to consider ethics to deal with several interrelated and complex problems.
2. To study of human behavior, making evaluative assessment about them as moral or immoral
3. To establish morals standards and norms of behavior.
4. To make judgment upon human behavior based on ethical standards and norms.
5. To make ethics give suggestions regarding moral behavior and how to behave in organizations.
A Model of Ethics: -
Leading to Determines
ETHICAL GUIDANCE SOURCES
OUR ACTIONS
OUR BELIEF WHAT IS RIGHT OR WRONG
TYPE II ERROR
SOLADEVANHALLI, BANGALORE
LECTURE NOTES
SUBJECT: BUSINESS ETHICS & CORPTORATE GOVERNACE
CHAPTER NUMBER-I
CHAPTER NAME: - INTRODUCTION
PREPARED BY: MR.SHAIKH JUNED SAOUD
In brief: -
Meaning of Ethics: -
Ethics is derived from the latin word ETHICUS and in greek it is called ETHICOS meaning character or manners. In other words ethics is said to be source of morals, moral principles and recognized rules of conduct.
Definition of Ethics: -
According to R. Wayne Mondy, ‘ethics is the discipline dealing with what is good and bad, or right or wrong or with moral duty and obligations”.
Meaning of Business Ethics: -
Business Ethics are rules of business conduct, by which the proprietary of business activities may be judged. It also relates to the behavior of managers.
Definition of Business Ethics: -
According to John Donaldson, “Business Ethics in short can be described as the systematic study of moral (ethical) matters pertaining to business, industry or related activities, institutions or practices & beliefs”.
Objectives of Ethics: -
1. To define the highest good of man and set a standard for the same. Here we have to consider ethics to deal with several interrelated and complex problems.
2. To study of human behavior, making evaluative assessment about them as moral or immoral
3. To establish morals standards and norms of behavior.
4. To make judgment upon human behavior based on ethical standards and norms.
5. To make ethics give suggestions regarding moral behavior and how to behave in organizations.
A Model of Ethics: -
Leading to Determines
ETHICAL GUIDANCE SOURCES
OUR ACTIONS
OUR BELIEF WHAT IS RIGHT OR WRONG
TYPE II ERROR