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Ethics and Values and 2g Scam

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Ethics and Values and 2g Scam
Ethics and Value Management Project Report

Table of Content

1. Abstract 1.1 Introduction
2. Ethical Issues
3. Ethical Dilemma’s
3.1. Dilemma faced by A. Raja 3.1.1. Role of A. Raja 3.1.2. Ethical Theories
3.1.3. Cost and Benefit analysis
3.1.4. Recommendation for resolving the Dilemma
3.2. Dilemma faced by Corporates 3.2.1. Role of Corporates 3.2.2 Ethical Theories
3.2.3. Cost and Benefit analysis
3.2.4. Recommendation for resolving the Dilemma
3.3. Dilemma faced by Government 3.3.1. Role of Government
3.3.2. Ethical Theories
3.3.3. Cost and Benefit analysis
3.3.4. Recommendation for resolving the Dilemma
3.4 Dilemma faced by Media 3.4.1. Role of Media
3.4.2. Ethical Theories
3.4.3. Recommendation for resolving the Dilemma
4. Recommendations for avoiding recurrence of the issue 4.1 Plan to avoid recurrence of such a scam

5. References 5.1. Websites 5.2. Books

1. Abstract
1.1. Introduction:
The 2G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated to be collected is estimated to be 176,645 Crore (US$32.15 billion), as valued by the Comptroller and Auditor General of India based on 3G and BWA spectrum auction prices in 2010. However, the exact loss is disputed. The Supreme Court declared allotment of spectrum as "unconstitutional and arbitrary" and quashed all the 122 licenses issued in 2008 during tenure of A. Raja(then minister for communications & IT) the main official accused in the 2G scam case.
In 2011, Time magazine listed the scam at number two on their “Top 10 Abuses of Power” list.

2. Ethical Issues
With the outbreak of the 2G spectrum scam, the following ethical issues on the part of the Government, Regulatory bodies, media and industry came into

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