Key anti-corruption laws The key anti-corruption laws in Bangladesh are as follows: Features of bribery offences Bribery is penalised if the person or his or her agent accepts, or agrees to accept, or attempts to obtain, gratification as a motive or reward for inducing a public servant to do or forbear from doing an official act Prevention of Corruption Act PCA section The PCA criminalises a public servant accepting or obtaining gratification other than legal remuneration as a motive or reward section 5 1. The Penal Code also prohibits a public servant from accepting a bribe sections and Penal Code and penalises the abetment of this offence section A Penal Code.
Varieties of business ethics Many people engaged in business activity, including accountants and lawyers, are professionals.
As such, they are bound by codes of conduct promulgated by professional societies. Many firms also have detailed codes of conduct, developed and enforced by teams of ethics and compliance personnel. Business ethics can thus be understood as the study of professional practices, i. This entry will not consider this form of business ethics.
Instead, it considers business ethics as an academic discipline. Business ethics as an academic discipline is populated by both social scientists and normative theorists. This is reflected in the attendees of academic conferences in business ethics and the types of articles that are published in business ethics journals.
Social scientists—who at this point comprise the largest group within the field—approach the study of business ethics descriptively. They try to answer questions like: Does corporate social performance improve corporate financial performance, i. I will not consider such questions here.
This entry focuses on questions in normative business ethics, most of which are variants on the question: What is ethical and unethical in business? Considered only as a normative enterprise, business ethics—like many areas of applied ethics—draws from a variety of disciplines, including ethics, political philosophy, economics, psychology, law, and public policy.
This is because remedies for unethical behavior in business can take various forms, from exhortations directed at private individuals to change their behavior to new laws, policies, and regulations.
One is that the means of production can be privately owned. A second is that markets—featuring voluntary exchanges between buyers and sellers at mutually determined prices—should play an important role in the allocation of resources.
Those who deny these assumptions will see some debates in business ethics e. Merck and Wal-Mart are examples of the first type organization; Princeton University and the Metropolitan Museum of Art are examples of the second. Business ethicists sometimes concern themselves with the activities of non-profit organizations, but more commonly focus on for-profit organizations.
Indeed, most people probably understand businesses as for-profit organizations. Corporate moral agency One way to think about business ethics is in terms of the moral obligations of agents engaged in business activity.
Who is a moral agent? To be precise, the question is whether firms are moral agents and morally responsible considered as qua firms, not considered as aggregates of individual members of firms.
In the business ethics literature, French is a seminal thinker on this topic.1.
Varieties of business ethics. Many people engaged in business activity, including accountants and lawyers, are professionals. As such, they are bound by codes of conduct promulgated by professional societies.
Business ethics is therefore a form of professional ethics. Its major application in businesses is to control moral or ethical problems that come up within the business environment.
Business ethics, also known as corporate ethics, studies good business policies and practices, to curb the negatives. Feb 16, · COMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Essay on Ethics and corporate Social Responsibilities SUBMITTED BY: Karuna Shrestha SID# TIA SUBMITTED TO: Understanding Ethics and CSR (Corporate Social Responsibilities) Corporate social responsibility is no more characterized by the amount of cash an organization adds to charities, yet by its general .
Respect is more than a feeling but an obligation. You were to respect your friends and your enemies. You were to respect your own toys and your neighbor's. In the big picture, you were being taught that respect equals good behavior and good behavior equals respect. Ethics requires respect.
One cannot exist without the other. Business Ethics and Social Responsibility Essay Words 10 Pages This paper will compare and contrast the various interpretations of four separate authors in respect to ethics and social responsibility as they apply to business.
In Bangladesh, though practice of Business ethics is still not so commendable in public sector and small companies, but business ethics has been an increasing concern .