This PowerPoint presentation provides short explanation about presence of business ethics and corporate social responsibility by Nepalese business firms

1. Business Ethics and CSR
In Nepal
Presented By:
Kamal Kunwar

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Business Ethics of Nepalese Firms
Business ethics in Nepalese business firms is not a old
term.
 The concept of globalization brings business ethics in
Nepalese business
Only some of the business firms operate ethically in
Nepal.
Poor rules and regulations regarding ethical business are
main factors behind unethical business practice in Nepalss

3. Ethical Standards
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Principles that when followed, promote values such as
trust, good behavior, fairness, and/or kindness.
There is not one consistent set of standards that all
companies follow, but each company has the right to
develop the standards that are meaningful for their
organization.

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Ethical Issues and Dilemmas in
Nepalese Business Firms
Labor issues - Child labor and labor Unions
Adulteration - Specially Food adulteration
Kickbacks
Nepotism and favoritism
Tax Evasion - It is a part of Nepali culture.

5. FNCCI
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The Federation of Nepalese Chambers of Commerce
and Industry.
Established in 1965 A.D. An Umbrella organization of the
Nepalese private sector.
Promoting business and industry while protecting the
rights and interests of business and industrial communities

6. Business code of Conduct of
FNCCI 2061
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Some main business code of conducts of FNCCI 2061
are as follows:
Abstain from activities considered detrimental to the
general health of people.
There should be no adulteration.
Maintaining faith in fair business competition, provide
maximum benefits to the consumers.
Abstain from the usage of merchandise or standards
prohibited by law.

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Show special sensitivity towards environmental
protection.
Oppose monopolistic business practices and controlled
supply systems (e.g. syndicates and cartels) and not be
involved in any such groups or systems.
Submit documents, papers, statements of accounts as
well as pay taxes, tariffs and levies as required by law in
time.

8. Consumer Protection of Nepal
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Consumer protection means safeguarding the interest and
rights of the consumers.
Nepal has enacted Consumer Protection Act 2054 based on UN
guidelines.
Some major provisions from this act are:
"Consumer" means an individual or institution consuming or
using any consumer goods or service.
Protection and Promotion of Consumer Rights.

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Prohibition to Influence Demand, Supply or Price.
Power to Systematize and Control Supply of Consumer
goods and Services.
Standard of Consumer Goods or Services.
Price Lists to be Kept.
Power of Government of Nepal to Conduct Inquiry and
inspections.
Power to Frame Rules and others.

10. Consumer Protection Council’s
Function and Duties
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According to Consumer Protection Act 2054, Consumer
protection council has following functions and duties:
To offer suggestions to Government of Nepal on matters
relating to the protection of the rights and interests of
consumers, the supply system and prices,
quality and purity of consumer goods and services.
To inform or cause to inform consumers about the prices,
quality, quantity and purity of consumer goods and services,
as well as about unfair trade practices concerning them.

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To maintain or cause to maintain updated national and
international information relating to the protection of the rights
and interests of consumers.
To monitor or cause to monitor the rights of consumers and
offer suggestions to Government of Nepal to rectify the
shortcomings noticed in the course of such monitoring.
To discharge or cause to discharge the functions prescribed
by Government of Nepal.

12. CSR in Nepal
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In Nepal, CSR is most commonly associated with charity.
Business firms are engaged in the provision of social
services.
Example:
The Bagmati River Clean-Up campaign is noteworthy social
initiative of NT focusing on environmental protection. The
company on a weekly basis sends bulk SMS to its customers
inviting them to participate in the campaign held each week.

13. CSR Problems and Prospects in
Nepal
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CSR or Window dressing.
Lack of government policies for CSR
Low awareness of CSR
Lack of financial and human resources
Non compliance with international standard

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