GS4

What are the ethical and business issues involved in the case?

Answered by 3 toppers · CSE 2022–2024

Corporate GovernanceCorruptionEthical Dilemmas in Government

Syllabus: Public/Civil service values and Ethics in Public administration: Status and problems; ethical concerns and dilemmas in government and private institutions; laws, rules, regulations and conscience as sources of ethical guidance; accountability and ethical governance; strengthening of ethical and moral values in governance; ethical issues in international relations and funding; corporate governance.

How toppers approached it

From all 3 answers · about 70 words · 33% drew a diagram.

Opening

  • No separate opening3 of 3

Body

  • Points2 of 3
  • Points and prose1 of 3

Close

  • No separate close3 of 3

The toppers’ answers

Sanket KumarAIR 128 · CSE 2022 · 59 wordsTheir whole copy

Opening

Above Case reflects the dilemma between Company's financial profits and reputation vs exposure of scam.

Body · points

(a) Ethical Issues involved

  • Misutilization of state fund for personal gains
  • compromising over means to achieve ends by company's staff
  • Reputation and potential business of the company at stake

Business Issues

  • Violation of professional ethics by entering into fraudulent contracts.

Close · no separate close

None written.

More on Corporate Governance

Ethics in the private sector: boards and disclosure, corporate social responsibility, regulatory capture, business and society.

All GS4 questions on Corporate Governance