EFFORTS BY
SURBHIGARG
B.COMLL.B
VIII SEMESTER
It is a body of knowledge, scope of practice,
agreed upon values, oath or code and
accountability to our society for their
profession and their professional behavior.
Describes a certain type of behavior in the
workplace
Based on our values and understanding of our
professional roles
Evidenced in our behavior
Ethics, also known as moral philosophy, is a
branch of philosophy that involves
systematizing, defending, and recommending
concepts of right and wrong behavior.
Professional ethics encompass the personal and
corporate standards of behaviour expected of
professionals. Components are-
 Honesty
 Integrity
 Transparency
 Accountability
 Confidentiality
 Objectivity
 Respectfulness
 Obedience to the Law
Mc Gaghie in 1991, “ evaluation of the
competence of the professional personnel has
occupied the attention of educators for
centuries.”
Components are-
Knowledge
Skills
Attitude
Behaviour
Values
To be perceived as an ethical leader, must be a
visibly ethical person and an ethical manager with
a consistent message
He should have an ability to utilize the
professional competence for augmenting universal
human order
• Then ethical leadership is
 Much more than traits (e.g. integrity)
 Requires great care to create and sustain an ethical
culture that sends a consistent message that is at
least as powerful as the "bottom line" drumbeat.
Lied to employee & financial analysts, was
condescending / not respecting, belligerent/
aggressive and disrespectful of employees,
made decisions and rewarded employees
based upon bottom line only, left company
crippled, accused of filing false financial
reports - settled with SEC for half million
dollars.
Al Dunlap, Sunbeam
A business enterprise should do business and earn money in
ways that fulfill the expectations of the society. Every
individual living in society has certain obligations towards
society. He has to respect social values and norms of
behavior. A business enterprise is permitted by society to
carry on industrial or commercial activities and thereby earn
profits. But it is obligatory on part of the business enterprise
not to do anything, that is undesirable from society’s point
of view. Manufacture and sale of adulterated goods, making
deceptive advertisements, not paying taxes which are due,
polluting the environment and exploiting workers are some
examples of socially undesirable practices which may
increase the profit of enterprises but which have adverse
effect on society at large.
(i) Threat of public regulation
(ii) Pressure of labour movement
(iii) Impact of consumer consciousness
(iv) Development of social standard
for business
(v) Development of business
education
(vi) Relationship between social
interest and business interest
(vii) Development of professional,
managerial class
(i) Responsibility towards the shareholders or owners: A business
enterprise has the responsibility to provide a fair return to the
shareholders or owners on their capital investment and to ensure the
safety of such investment. The corporate enterprise on a company
form of organisation must also provide the shareholders with regular,
accurate and full information about its working as well as schemes of
future growth.
(ii) Responsibility towards the workers: Management of an
enterprise is also responsible for providing opportunities to the
workers for meaningful work. It should try to create the right kind of
working conditions so that it can win the cooperation of workers.
The enterprise must respect the democratic rights of the workers to
form unions. The worker must also be ensured of a fair wage and a
fair deal from the management.
Competency (having required knowledge to
handle client’s case)
Maintaining good communication with clients
Advise and counsel her clients
Protecting Client Property
Honesty (with clients, judges and other parties)
Analyze all the data that are provided
Should not be partial
Should give the correct judgment
Should complete the case on time
Example- Arguments of both the parties to be
heard in order to give fair justice to the parties.
He should be bind by the law and should obey
the law. Practicing against the rule of law is an
unethical behaviour on part of judges.
Teachers are duly licensed
professionals who posses
dignity and reputation with
high moral values as well as
technical and professional
competence.
 Live with dignity in all places at all times.
 Place premium upon self-respect and self-discipline.
 Maintain at all times a dignified personality.
 Recognize the Almighty God or Being as guide of his
own destiny and of the destinies of men and nations.
 Must start with a foundation, a code of ethics, a
procedure for airing ethical concerns, and executive
priorities on ethics
 Can educate employees about firm's policies and
expectations, laws and regulations, and general social
standards
 Can make employees aware of resources, support
systems, and personnel who can assist them with
ethical advice
 Can empower employees
 Reflect organizational size, culture, values,
management style & employee base
 Improve employee understanding of ethical issues
 Influence the organizational culture, significant others,
& opportunity in the ethical decision making process
 Overall, provide for recognition of ethical issues,
understanding of culture & values, and influence ethical
decision making
 Consistent enforcement is critical
 But an internal system for employees to
report misconduct is an opportunity to
register ethical concerns
 Ethics hot lines
 Questionnaires may be used to serve as
benchmarks
 Corrective actions provide standards &
punishment

Ppt

  • 1.
  • 2.
    It is abody of knowledge, scope of practice, agreed upon values, oath or code and accountability to our society for their profession and their professional behavior.
  • 3.
    Describes a certaintype of behavior in the workplace Based on our values and understanding of our professional roles Evidenced in our behavior
  • 4.
    Ethics, also knownas moral philosophy, is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.
  • 5.
    Professional ethics encompassthe personal and corporate standards of behaviour expected of professionals. Components are-  Honesty  Integrity  Transparency  Accountability  Confidentiality  Objectivity  Respectfulness  Obedience to the Law
  • 6.
    Mc Gaghie in1991, “ evaluation of the competence of the professional personnel has occupied the attention of educators for centuries.” Components are- Knowledge Skills Attitude Behaviour Values
  • 7.
    To be perceivedas an ethical leader, must be a visibly ethical person and an ethical manager with a consistent message He should have an ability to utilize the professional competence for augmenting universal human order • Then ethical leadership is  Much more than traits (e.g. integrity)  Requires great care to create and sustain an ethical culture that sends a consistent message that is at least as powerful as the "bottom line" drumbeat.
  • 8.
    Lied to employee& financial analysts, was condescending / not respecting, belligerent/ aggressive and disrespectful of employees, made decisions and rewarded employees based upon bottom line only, left company crippled, accused of filing false financial reports - settled with SEC for half million dollars. Al Dunlap, Sunbeam
  • 10.
    A business enterpriseshould do business and earn money in ways that fulfill the expectations of the society. Every individual living in society has certain obligations towards society. He has to respect social values and norms of behavior. A business enterprise is permitted by society to carry on industrial or commercial activities and thereby earn profits. But it is obligatory on part of the business enterprise not to do anything, that is undesirable from society’s point of view. Manufacture and sale of adulterated goods, making deceptive advertisements, not paying taxes which are due, polluting the environment and exploiting workers are some examples of socially undesirable practices which may increase the profit of enterprises but which have adverse effect on society at large.
  • 11.
    (i) Threat ofpublic regulation (ii) Pressure of labour movement (iii) Impact of consumer consciousness (iv) Development of social standard for business (v) Development of business education (vi) Relationship between social interest and business interest (vii) Development of professional, managerial class
  • 12.
    (i) Responsibility towardsthe shareholders or owners: A business enterprise has the responsibility to provide a fair return to the shareholders or owners on their capital investment and to ensure the safety of such investment. The corporate enterprise on a company form of organisation must also provide the shareholders with regular, accurate and full information about its working as well as schemes of future growth. (ii) Responsibility towards the workers: Management of an enterprise is also responsible for providing opportunities to the workers for meaningful work. It should try to create the right kind of working conditions so that it can win the cooperation of workers. The enterprise must respect the democratic rights of the workers to form unions. The worker must also be ensured of a fair wage and a fair deal from the management.
  • 14.
    Competency (having requiredknowledge to handle client’s case) Maintaining good communication with clients Advise and counsel her clients Protecting Client Property Honesty (with clients, judges and other parties)
  • 15.
    Analyze all thedata that are provided Should not be partial Should give the correct judgment Should complete the case on time Example- Arguments of both the parties to be heard in order to give fair justice to the parties. He should be bind by the law and should obey the law. Practicing against the rule of law is an unethical behaviour on part of judges.
  • 16.
    Teachers are dulylicensed professionals who posses dignity and reputation with high moral values as well as technical and professional competence.  Live with dignity in all places at all times.  Place premium upon self-respect and self-discipline.  Maintain at all times a dignified personality.  Recognize the Almighty God or Being as guide of his own destiny and of the destinies of men and nations.
  • 17.
     Must startwith a foundation, a code of ethics, a procedure for airing ethical concerns, and executive priorities on ethics  Can educate employees about firm's policies and expectations, laws and regulations, and general social standards  Can make employees aware of resources, support systems, and personnel who can assist them with ethical advice  Can empower employees
  • 18.
     Reflect organizationalsize, culture, values, management style & employee base  Improve employee understanding of ethical issues  Influence the organizational culture, significant others, & opportunity in the ethical decision making process  Overall, provide for recognition of ethical issues, understanding of culture & values, and influence ethical decision making
  • 19.
     Consistent enforcementis critical  But an internal system for employees to report misconduct is an opportunity to register ethical concerns  Ethics hot lines  Questionnaires may be used to serve as benchmarks  Corrective actions provide standards & punishment