Dr.J.K.Patel Institute of Management SEM IV, Finance Divisions A & B Subject: BE & CG Three Assignments: No.

Questions from Chapters: 1, 2 & 3 of the Text Book I Q.1: Why you would consider the study of ethics important for todays business practices? Give five examples of the areas of business operations where ethical practices play dominant role in the success of the business? Q.2: Define morality and moral standards. What are the characteristics of moral standards? Why it is important to establish moral standards for ethical judgment? Q.3: Discuss the sources of ethical dilemmas and methods of resolving the same. Give three examples of ethical dilemma that you might have come across in your social or work life. Q.4: Why ethical decision making is different? Analyse the steps of ethical decision making, identify the shortcomings and suggest some modification based on your understanding of moral standards and ethical behaviour. Q.5: Briefly out line the following concepts: utilitarianism, ruleutilitarianism, moral-rights, contractual rights, correlative duties, distributive justice, ethics of caring and ethics of virtue. Q.6: Distinguish between legal rights and moral rights. Discuss, with illustrations, how rights and duties regulate our ethical behaviour in a group. Q.7: Critically discuss the concept of Justice of fairness. Q.8: Ethics help to harmonize and reconcile the conflicting interests of various shareholders in a business. Justify the statement and illustrate your answer with examples. Q.9:What should be the aim while establishing ethics in a business? List a few important concerns of business ethics in practice. Q.10: Compare and Contrast the management of ethics in the internal and external environments of business. Why is the ethical management of the external environment often regarded as the controlling factor for the success in a green-field project? II Questions from Chapters 4, 9 &10 of the Text Book Q.1: Law of Agency specifies the legal duties of employees (agents)

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towards their employers(Principals) and prohibits the agents (employees) from to act in conflicts of interests with those of the principal(employer). To what extent, this type of legal stand help or vitiate the atmosphere of ethics in the organization? Q. 2: Moral and ethical issues of individuals in an organization are, thus influenced by and dependent on the nature of work organization and its work culture. Justify this statement. If possible, illustrate with an example of the business world. Q.3: How do the following influence an individuals ethical behaviour in the organization: code of conduct and service rules, ethics policy and the organizations path means and goal equations? Q.4: Define corporate governance, and identify the model role and purpose of corporate governance with reference to that definition. Q.5: Briefly identify and outline commonly accepted principles of corporate governance? Q.6: What is the role of corporate governance codes? Name three important code of governance practice prevalent in the business world. What are the six perspectives of corporate governance principles of OECD? Q.7: As matter of best practice, what are the clauses of Cadbury codes that must be complied with? Briefly outline these clauses. Q.8: What are the purposes of SEBI guideline of Clause 49 for corporate governance? What are the five themes that have been addressed under clause 49 of Indian Listing Agreement? Q.9: What are the salient points of MCAs Corporate Governance Guidelines, 2009? Q.10: Identify the six principles of the Indian ethos that are said to be relevant and important for holistic corporate governance. Discuss their implications for the corporate governance process. Questions from Chapters 11 & 12 of the Text Book Q.1: List some important areas of focus for ethical management and corporate governance of business in general. Identify the ethical themes under each of these focused areas. Q.2: Critically discuss the role of leadership in the ethical governance of a company. What are the common challenges that a leader may face while addressing to the ethical path of governance and sacrificing financial business goals to create social value and brand image? Q.3: Why it is said that the competitive environment is at times, the cause of ethical violations in business? What do you understand by

positive competition? What are the demerits of monopolistic business vis--vis competition? Q.4: Critically discuss why regulatory compulsions failed to contain the mal practices in business despite having a comprehensive coverage for investor protection. Q.5: What do you understand by sustainability? Why do management philosophers overemphasis the concept of sustainability in corporate governance?