2. Paid news or paid
content are those articles
in newspapers,
magazines and the
electronic media, which
indicate favorable
conditions for the
institution that has paid
for it.
3. Paid news in election:
1.)The Election Commission has detected over 400
"confirmed cases of paid news" in the recently-concluded
Gujarat assembly polls.
4.
5. Crony capitalism describes an economic and political
environment in which pursuing and obtaining
government favors is both part of everyday life and a
necessary protocol for succeeding
in business.
Gas Wars: Perspectives on Crony
Capitalism -- Ambani brothers and
the battle for India's resources
6. In short, paid news and crony capitalism are made for
each other. The following steps are involved:
Corporates fund politicians.
Politicians fund media with corporate money.
Paid media help client politicians get elected.
Elected politicians favor corporates that funded them
(2G, Coalgate, etc.).
Go to 1.
7. Legal practices refer to processes and policies to abide
by the law, such as honesty and transparency in
accounting.
legal business practices are enacted because of the
inherent legal requirement that the company behave
or act in certain ways. Companies often have staff or
contracted lawyers to help ensure compliance with
business and industry-related laws.
8.
9. Ethical practices refer to efforts to meet stakeholder
expectations for business activities.
Business ethics is the art and discipline of applying
ethical principle to examine and solve complex moral
dilemmas.
Ethical behavior is a necessity to gain trust.
Trust in three dimensional
Supplier relationship
Employee relationship
Customer relationship
10. An ethical dilemma is a complex situation that often
involves an apparent mental conflict between moral
imperatives, in which to obey one would result in
transgressing another.
An ethical dilemma as a situation where two or more
“right” values are in conflicts.
11. Socio-cultural factors
The psychological fear of losing hobs
Lax government structures and regulations.
Sanctions and discriminations in society
Uncertainties and fears about the future
Strong family traditions and laws of inheritance
Overall scarcity of resources and the difficulty of amassing
wealth
An inequitable and scorching tax system
A belief that business and ethics are irreconcilable
Tendency to adopt
12. Corporate philanthropy has a narrower, more limited
scope than corporate social responsibility.
It refers primarily to donations made to charitable and
non-profit groups, whether by the corporation, its
employees or both. It might also refer to company wide
fundraising efforts or pledge drives, or to toy donation
or blood donation drives, for example.
13.
14.
15. To improve the general reputation of the company
To induce customers to buy their products or service
To sooth earnings
To reduce taxes
To improve their competitive position in the industry
To motivate or attract employees
To access important social networks
To fore-stall regulation
To insulate against negative public reaction to bad acts and
To achieve particular social goal.
