Corporate Governance

Discuss how effective corporate governance can ensure the equitable treatment of all stakeholders.

10 marks · 150 words · Answered by 13 toppers · CSE 2019–2022

Corporate GovernanceAccountability and Ethical Governance

You, a manager in one of the top IT firms in the country, are tasked with hiring new recruits for an upcoming project. You find that the company has given tacit instructions of not hiring female candidates in view of the new maternity law passed by the Government. You find this highly objectionable and lodge a protest with people in the higher management but they are firm as they want to cut down all the unnecessary costs. Based on this information, answer the following questions: (a) Identify the stakeholders and their interests in the situation. (b) What are the dilemmas that a recruiting manager may face in such a scenario? (c) What are the different options available to you? Which one will you pursue and why?

20 marks · 250 words · Answered by 10 toppers · CSE 2017–2019

Corporate GovernanceEthical Dilemmas in Government

Celebrities are paid huge amounts by companies for endorsing products that at times turn out to be harmful for the consumers. Examine the ethical dimensions involved in such instances.

10 marks · 150 words · Answered by 9 toppers · CSE 2016–2019

Corporate GovernanceDimensions of Ethics

While discussing the ethical issues that journalists face on a regular basis, examine the causes of increased sensationalism in news media in recent times.

10 marks · 150 words · Answered by 9 toppers · CSE 2016–2019

Corporate GovernanceDimensions of Ethics

You are the chief executive of ABC Ltd., an automotive component manufacturing company. Until recently, all of your production plants were located in City X. However, the cost of production has risen, causing profits to decline. A number of factors have led to an increase in the production costs. First, the union representing the workers in your plant waged a successful strike resulting in increased salary and benefits. A second factor has been imposition of stringent environmental regulations. Shareholders are concerned about the declining fortunes of the company. Many of the competitors have moved their operations to less-developed cities, where the operating costs are less than in City X. ABC Ltd. is a major employer in the city where it is located, and you know that a plant closure will cause economic dislocation in the city. Given the situation, answer the following questions: (a) What are the ethical issues involved in this case? (b) How can the interests of different stakeholders be reconciled in this case?

20 marks · 250 words · Answered by 8 toppers · CSE 2017–2019

Corporate GovernanceEthical Dilemmas in Government

Good corporate governance is not an end in itself. It is a means to support economic efficiency, sustainable growth and financial stability. Discuss.

10 marks · 150 words · Answered by 8 toppers · CSE 2018–2020

Corporate GovernanceAccountability and Ethical Governance

In order to improve the bureaucratic work culture and productivity, there is a need to downsize government and privatize some of the services. Critically discuss with examples.

10 marks · 150 words · Answered by 8 toppers · CSE 2018–2019

Work CultureCivil Service Values

Mr. X is the head of an NGO working in the field of environment conservation and protection. He is in dire need of funds for the NGO's operations and payments to his staff. He is approached by an official of a large infrastructure company, who is ready to provide the required funding for the NGO. But, in a quid pro quo, he asks Mr. X to raise objections over the bypassing of Environmental Impact Assessment (EIA) norms in an ongoing PPP project through his NGO. This project is being implemented by a rival infrastructure company. Mr. X knows that there have been instances of high level corruption in the process of granting EIA to mega projects and the information provided by the official seems to be authentic. Hence, he accepts the money and agrees to raise the objection. (a) Considering the circumstances of the case, is Mr. X correct in accepting the money? Give appropriate reasons for your answer. (b) If you were in place of Mr. X, what would have been your course of action? Give reasons for it.

20 marks · 250 words · Answered by 8 toppers · CSE 2017–2019

Conflict of InterestEthical Dilemmas in Government

Marketing has become a crucial link in the success of a business. With suitable examples, discuss the ethical issues involved in marketing of a product or service. How can these issues be resolved?

10 marks · 150 words · Answered by 7 toppers · CSE 2017–2019

Corporate GovernanceDimensions of Ethics

A mid level manager in a food and beverages firm has been assigned the responsibility to deal with tensions arising in a rural area between the firm and the local farmers. These farmers supply the company with bananas, which are used exclusively by the company in its niche products. The banana plantations are growing a variety developed by the firm. The core issue revolves around the perceived violation of company's IPR as many of the farmers in the neighbouring areas have also started growing the same variety of banana. It is suspected that the farmers with whom the company had a contract have shared the breed with others in the region. The legal department of the firm is of the opinion that a legal complaint against the farmers is the only way to protect the IPR of the company. It would also set a precedent for the future. However, many in the firm also believe that such a step would escalate the matter. In such a scenario, identify the key issues to be addressed. What measures would you suggest to deal with these issues?

20 marks · 250 words · Answered by 7 toppers · CSE 2019–2021

Corporate GovernanceEthical Dilemmas in Government

Has excessive profit seeking by corporates undermined the trust of public in the private sector? Giving examples, examine the reasons for failure of corporate governance in India.

10 marks · 150 words · Answered by 7 toppers · CSE 2017–2019

Corporate GovernanceEthics in Private and Public Life

You have recently been posted as a probationary officer in the District Magistrate's office in a tribal district. During one of the fieldtrips, while interacting with the tribals, you come to know about a private company, established a few years back, which has transformed their lives. The company, using the traditional knowledge of tribals, had launched a series of products and provided numerous livelihood opportunities to the tribals. Upon further enquiry, you come to know that while the lives of tribals had indeed improved, the distribution of profits however, has been quite disproportionate. The company has seen a huge growth in its operations and its owners have amassed huge wealth. It is also planning to file for IPR, which may further hinder the interests of the tribals. You feel that tribals have been left short changed and there has not been an equitable sharing of benefits arising out of the use of their resources. When you tried to approach the Gram Sabha and voice your concerns, the tribals requested you not to intervene as they do not have any alternatives. They also argue that governments in the past have failed to protect their interests. Given the situation, answer the following: (a) Identify the different stakeholders and their interests involved in this case. (b) Present a case to convince the District Magistrate for the need of government intervention in the situation.

20 marks · 250 words · Answered by 7 toppers · CSE 2019–2021

Corporate GovernanceEthical Dilemmas in Government

The mandatory nature of Corporate Social Responsibility goes against the notion of philanthropy. Discuss.

10 marks · 150 words · Answered by 7 toppers · CSE 2019–2021

Corporate GovernanceDimensions of Ethics

Discuss the role and importance of independent directors for corporate governance.

10 marks · 150 words · Answered by 7 toppers · CSE 2017–2019

Corporate GovernanceAccountability and Ethical Governance

You are the CEO of a social media company that has a wide user base. The social network offered by your company has emerged as a platform for people to interact with each other and share news, opinions etc. However, at the same time, women are being repeatedly harassed and cyber bullied through this network. Whenever any instance of harassment is brought to notice of the company, your staff members immediately deactivate the account of the culprit. However, since new accounts can be created easily, such incidents continue to happen. Also, the system to verify one's account details has been deemed lax by public authorities and human rights groups. But in order to increase the user base, you have to ensure that it is easy for a new user to sign up. Increase in the user base leads to more advertisements on your network, which is a source of huge annual turnover for the company. At the same time, in wake of increasing instances of harassment, you also need to tighten the process of creating new accounts and deactivate or delete the ones being misused. 20 (a) Highlight the options available to you in this scenario and evaluate each of them. What course of action will you take and why? (b) Is there a need for having reasonable restrictions on social media for it to remain a platform of healthy and fruitful engagement. Analyse from the viewpoint of different stakeholders.

20 marks · 250 words · Answered by 6 toppers · CSE 2017–2019

Corporate GovernanceTechnology and Ethics

Corruption distorts not only functioning of the Government in India but business and corporate activities as well. Explain and discuss how the state can effectively deal with deficit of ethics in the private sector.

10 marks · 150 words · Answered by 6 toppers · CSE 2018–2019

Corporate GovernanceCorruption

What are the ethical principles that should form the basis of the system permitting organ donation and allocation? Also discuss the importance of regulation for the success of any organ transplant program.

10 marks · 150 words · Answered by 6 toppers · CSE 2018–2019

Ethical Dilemmas in GovernmentDimensions of Ethics

It takes more than a corporate governance policy to inspire ethical behavior and sustain a truly ethical workplace. Discuss.

10 marks · 150 words · Answered by 6 toppers · CSE 2019–2023

Corporate GovernanceWork Culture

You are the Managing Director of a multinational company that prides on hiring people from diverse backgrounds. The company also chooses multiple projects under Corporate Social Responsibility that are geared towards social inclusion and empowerment of vulnerable sections of the society. Miss 'X' who works in your office tells you that she has been diagnosed with HIV. It happened due to malpractice by a medical practitioner who re-used a contaminated syringe that led Miss 'X' to contract the disease. The company has strict policies about toleration and you ensure Miss 'X' that she can continue with her job in the company without facing any form of discrimination. A few days after the revelation, Miss 'X' angrily submits her resignation letter. She states that she has faced discrimination at the workplace everyday after the revelation. Her colleagues are hesitant to eat lunch with her, they make sure they do not drink water from the same source and the females in the office comment on her marital status. She is also asked to sit separately during departmental discussions. She intends to sue the company for mental harassment. If she takes the step, the public image of the company will be maligned and its non-discriminatory policies will be questioned. The following are some suggested options for you to deal with the situation as a Managing Director of the company. Evaluate the merits and demerits of each of the options: (a) You accept her resignation and suggest a compensation package so that she refrains from suing the company. (b) You persuade her not to submit her resignation and transfer her to another department. (c) You ask her to continue with her job and take strict action against the colleagues who discriminated against her Also, state (without necessarily restricting to the above options) your course of action, giving proper reasons.

20 marks · 250 words · Answered by 6 toppers · CSE 2017–2019

Corporate GovernanceEmpathy and Compassion

Regulation and procedure of human clinical trials vary from nation to nation. Stem cell research, as an emerging biomedical field, requires approval for human trials and encounters multiple challenges. You are the head of a team of scientists who developed a new Tissue Engineering system, which appears to be a promising means of regenerating heart tissue. Trials of the system have already been conducted on animals and yielded good results. Millions of people suffering from critical heart diseases would benefit immensely if this medication is immediately made available to them. However, you need to conduct human clinical trials before it could be commercialised. It is also known that the stringent regulatory environment in the country will mean that human trials and final approval will take many years before it is made commercially available. On the other hand, regulation of clinical trials in many poor countries is weak and quick approval is possible. Many of your competitors also resort to human trials in these countries, often bribing the officials for getting quick approvals. Given this situation, answer the following questions: (a) Identify the ethical issues which arise during clinical trials. (b) Given the above situation, would you prefer to shift human trials to a third country where regulations are lax? Give reasons in support of your choice. (c) Suggest a framework of standard procedure to minimise ethical conflicts and speed-up the approval process of new medicines.

25 marks · 250 words · Answered by 5 toppers · CSE 2017–2019

Ethical Dilemmas in GovernmentEthics in International Relations

Income inequality is a matter of grave concern for the Indian society. In this context, examine the relevance of Gandhiji's concepts of 'Sarvodaya' and 'Trusteeship'.

10 marks · 150 words · Answered by 5 toppers · CSE 2018–2019

Indian ThinkersDimensions of Ethics

Mr. A is a senior most member of a highly reputed company with considerable customer interface. In recent months, the business of the company has been going down. On detailed analysis, it was found that some of the functionaries of the company have impulsive nature, which has many a times led to altercations with the customers and even among themselves. This has adversely affected the work culture and sullied the image of the company in the market. He seeks your advice, as you are his friend as well as a person who understands management. 20 (a) What are the factors that you would consider in making your advice? (b) What steps will you suggest to deal with the situation that the company faces?

20 marks · 250 words · Answered by 5 toppers · CSE 2018–2019

Corporate GovernanceWork Culture

Big firms often undertake sub-contracting to complete large infrastructure projects in a timely manner. You recently joined one such firm as a manager responsible for awarding these contracts. Looking at the past records, you find that all contracts for the past few years have been awarded to a particular firm, X. Your superior has asked you to award an upcoming contract to the same firm. Although, not binding, company procedure maintains that sub-contracting work should be offered after competitive bids. This is to ensure that the firm most suitable for the project in terms of operations and finance gets the contract. When you discuss this with your superior, he insists that hiring of the firm X has been done as per legal norms of the company and no official rule has been violated. You decide to contact the owner of the firm X. After doing so, you realize that he is the nephew of your superior, who is also a shareholder in the company. (a) State the ethical issues involved in the case. (b) Does this form of transaction between two private parties constitute a conflict of interest? Justify. (c) Evaluate the possible ways of awarding contracts in such a situation with their merits and demerits. Also state which method would be more suitable in each situation.

20 marks · 250 words · Answered by 5 toppers · CSE 2017–2019

Conflict of InterestCorporate Governance

There are large number of leather industries in a major industrial town of India. They provide employment to large number of people and are also a prominent source of revenue for the state. Lately it has been observed that despite following the present emission control rules, the collective ecological footprint of these industries remains quite high affecting the surrounding areas in an adverse manner. The new technologies available for emission control are quite costly and thus acts as a disincentive for the owners of the industries for adopting them. In light of this information, the government is contemplating the following options: (a) Shutting down the industries in the region (b) Relocating the industries to a new region (c) Making the emission control rules stricter (d) Providing incentives to the industry owners for adoption of new technology. Analyse the above options in terms of their merits and demerits. What course of action would you choose and why?

20 marks · 250 words · Answered by 5 toppers · CSE 2019–2023

Environmental EthicsEthical Dilemmas in Government