The interaction between professional ethics and business ethics

1. Professional Ethics
BY
Dr.S.Subbalakshmi,MA,MPhil,PhD
Chair ,Business & Economics
FBS Business School
Bangalore & Vijayawada

2. Professional Ethics
1) Encompasses standard of
behavior expected by professionals.
2) They are the prescribed rules to
the use of knowledge.
3) When rendered to the public the
code of conduct is to be followed.

3. Rules to Professional Ethics

4. Strive for excellence –Continuous
improvement

5. Trustworthy-Rising up to Expectations

6. Acting with integrity

7. Setting good examples

8. Sacrificing present for future

9. High discipline

10. Takeaways
• Professionalism is highly
valued and professionals are
hardly out of work.

11. Business Ethics
1. Are guidelines to be followed by business
houses.
2. Involves compliance with the law of the land.
3. Should make sure of bringing returns to the
to the firm following business ethics
4. Should Look into the wellbeing of stake holders.
5. Should try to minimize the environmental
externalities .

12. Continuation…
6.Should take care of common property
resources.
7.Employee security measures to be taken care
off as per the government laws.
8.Human rights violation should not take place .
example : abuse of child labor , gender bias.

13. Compliance with the law oh the land

14. Profits with Business Ethics

15. Environmental externalities
Save
Earth

16. Carbon Emissions-Corporate responsibility-
Save plant life , Animal life and water bodies

17. Not to encroach in to community
resources
In the 1970s, an organized
resistance to the destruction
of forests spread throughout
India and came to be known
as the Chipko movement. The
name of the movement
comes from the word
'embrace', as the villagers
hugged the trees, and
prevented the contractors'
from felling them.

18. Break glass ceiling

19. Protection of human rights

20. Conclusion
The range of quality of business ethical
issues reflect the interaction of profit
maximizing behavior with non economic
concerns. They are often drawn up in
consultation with governments
employees , other stake holders.

21. THANK YOU