Corporate Governance

Which corporate leader has inspired you the most and what moral lessons have you learnt from their life?

10 marks · 150 words · Answered by 15 toppers · CSE 2020–2023

Human ValuesCorporate Governance

Promoting National interest and gaining influence and power in the International arena are the two basic mantras of every country's external policy. Since the last decade, country ABC has aggressively pursued power and expanded its business interests overseas. One of the businesses ABC was interested in developing was Defence equipment and Satellite technology. It was seeking markets for its space and defense products. The country encouraged its defense equipment manufacturing companies to find new markets and explore manufacturing collaborations with other countries. GAMA, one of the major defense equipment manufacturers, had recently struck a massive multi-billion dollar deal involving sensitive technology transfer and equipment with a country XYZ ruled by Military Junta. It was good business. As the business details became public, much criticism came GAMA's way because XYZ was an international pariah because of its poor human rights record. Further, the Junta indulged in a silent genocide of a minority ethnic community. There was a lot of uproar because the deal involved transferring sensitive technology that could be misused in the wrong hands. In short, it was good business but with questionable clients. Meanwhile, the government of ABC kept silent about the GAMA business deal, and other governments interpreted the silence as a subtle way of building relations with a nation that was an international pariah. (a) What are the ethical issues involved in the above case?

20 marks · 250 words · Answered by 9 toppers · CSE 2021–2025

Corporate GovernanceEthics in International Relations

Ethical business practices are key for long-term survival of a company. Comment.

10 marks · 150 words · Answered by 9 toppers · CSE 2020–2021

Corporate GovernanceDimensions of Ethics

In the age of social media, influencers have a huge following and have gained prominent marketing roles. In this context, discuss the ethical issues involved in influencer marketing.

10 marks · 150 words · Answered by 8 toppers · CSE 2021

Technology and EthicsCorporate Governance

Sustainable growth of an organisation can result only by aligning its decisions to the interests of all stakeholders, not merely its shareholders. Do you agree? Justify with logical arguments.

10 marks · 150 words · Answered by 8 toppers · CSE 2021

Corporate GovernanceDimensions of Ethics

Economic growth has been the primary goal of economic policies, and the principal measure of an economy's success. In the last few decades, economic growth benefitted mankind in multiple ways. But alongside these benefits, it has also generated significant issues and a series of converging challenges. In light of this, answer the following: (a) What was the rationale behind GDP growth being considered the pillar of economic policies the world over in the past few decades? (b) Explain the need to go beyond GDP growth and reassess our measures of development. Identify some of the components that need to be complemented with GDP growth going forward.

20 marks · 250 words · Answered by 8 toppers · CSE 2020–2021

Accountability and Ethical 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

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

You work as a marketing consultant for a multinational company that specializes in various products including nutrient supplements, diet pills etc. The company pays its employees extremely well and provides satisfactory fringe benefits. Your manager has hinted that he will recommend you for overseas company transfer, which will improve your job profile. This has motivated you to work harder and perform better. The company has to advertise and sell a new weight loss pill 'X'. As per in-company research, it has minimal or no side effects and has no adverse impacts on health, which is its unique selling point (USP). You are given the responsibility of heading the marketing team for advertising pill 'X'. Due to a well-crafted marketing strategy including endorsement by a renowned celebrity, the product has generated considerable public attention. However, while working on an advertisement campaign for the pill, you find out that the in-company research findings of pill 'X' are fabricated. While it indeed has no side-effects, there are no proven benefits of taking the pill as well. It merely acts as a placebo. When you bring up the issue with your manager, he promptly tells you to keep the facts to yourself. He also indirectly brings up the fact that your performance review date is approaching and hints that you will get transferred overseas if you prove your loyalty to the company. Based on the given information, address the following: (a) Identify the stakeholders in this situation. (b) State the ethical issues that arise in this case. (c) Discuss your options in this scenario and mention your next step.

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

Corporate GovernanceEthical Dilemmas in Government

There was an incident at a company wherein a fire broke out and led to a number of casualties. During the preliminary inquiry, one of the employees and bystander witnesses, specified that the company had taken all the safety measures and the management was not at fault. During litigation, the same employee was identified as a witness and his deposition was to be taken. The issue is now in the court. You are a Senior Manager of the company and accompanying the said employee to the court for the deposition. On the way the employee tells you that he had lied during the inquiry; and that the truth was worse for the company than he had stated previously. (a) Identify the various ethical issues you would face in this situation. (b) What would you suggest the employee to do? Give reasons for your suggestions.

20 marks · 250 words · Answered by 5 toppers · CSE 2021–2022

Ethical Dilemmas in GovernmentCrisis Decision Making

The edifice of good corporate governance is dependent on the efficacy and effectiveness of independent directors. Discuss.

10 marks · 150 words · Answered by 4 toppers · CSE 2021–2022

Corporate GovernanceAccountability and Ethical Governance

Stakeholder Capitalism is suggested as a way forward in wake of social, economic and environment challenges posed by Shareholder Capitalism. Examine the relevant arguments in this debate.

10 marks · 150 words · Answered by 4 toppers · CSE 2021

Corporate GovernanceDimensions of Ethics

An ethical work culture is a prerequisite for sustainable growth of an organization. Discuss and suggest some measures to build an ethical work culture in an organization.

10 marks · 150 words · Answered by 4 toppers · CSE 2021–2022

Work CultureCorporate Governance

You are working as the Head of the Human Resources Department in a consultancy firm ABC Corp. A female employee of the firm comes to you complaining about sexual harassment in the company premise at the hands of the CEO of one of your clients, XYZ Corp., when the latter visited your firm for a client interaction. XYZ Corp. happens to be a major source of revenue for your company. Also, the CEO of XYZ Corp. is considered as a very reputed professional and is highly regarded by the senior management of your firm. In the past, you have witnessed members of your senior management praise the professional and no-nonsense attitude of the CEO of XYZ Corp. However, the female employee, who has approached you, is also sure that the CEO knowingly misbehaved with her. In light of the situation: (a) Discuss the issues involved in this case. (b) What are the options available to you and what course of action would you take? Give logical arguments to support your answer.

20 marks · 250 words · Answered by 4 toppers · CSE 2021–2022

Ethical Dilemmas in GovernmentCorporate Governance

In light of the recurring issues, there is a constant need to search for better ethical frameworks and models of corporate governance. Discuss with adequate examples and evidence in support of your arguments.

10 marks · 150 words · Answered by 4 toppers · CSE 2021

Corporate GovernanceAccountability and Ethical Governance

Medical ethics is particularly relevant in decisions regarding involuntary treatment and involuntary commitment. In view of this, highlighting the importance of medical ethics, discuss the issues in its implementation.

10 marks · 150 words · Answered by 3 toppers · CSE 2021

Dimensions of EthicsEthical Dilemmas in Government

There is no 'invisible hand' channeling self-interest into some social optimum. In this context, the State has an integral role to play in making available essential public goods and services, despite the increasing pace of privatization. Do you agree? Justify with examples from India.

10 marks · 150 words · Answered by 3 toppers · CSE 2021

Ethical Dilemmas in GovernmentCivil Service Values

Analyze the significance of appointing ethics officers in the light of strengthening corporate governance in India.

10 marks · 150 words · Answered by 3 toppers · CSE 2021

Corporate GovernanceAccountability and Ethical Governance

With its highly coveted line of consumer electronics, a multinational company 'A' has a cult following among loyal consumers and makes profits of crores of rupees. Recently, a report by an international non-governmental organisation has highlighted that in some overseas production centres of the company, the working conditions are hazardous for the labour, which include children also. In some centres, the international environmental standards are also flouted. The company's global head has defended their position by saying that they have little control over monitoring and regulating the entire supply chain due to internationalization of the production process. Based on the above information, answer the following: (a) Do you think company 'A' should be held responsible for ethical lapses made by individuals further down its supply chain? (b) Should customers be expected to take into account the ethical track record of companies while making purchases? Give reasons.

20 marks · 250 words · Answered by 3 toppers · CSE 2021–2022

Corporate GovernanceAccountability and Ethical Governance

You are working as the Head of Ethics and Compliance in a big mobile manufacturing company that is known for its innovation and quality products. Both the customers and the shareholders are pleased with the performance of the company as they get value for their money and high returns on their investments respectively. Tin is a major component in the products manufactured by your company. It was recently brought to your attention that workers - many of them children - are working in unsafe conditions, digging tin out by hand in mines prone to landslides that could bury them alive. About 70% of the tin used in smartphones manufactured by the company comes from these more dangerous, small-scale mines. The company defends its practices by saying it only has such much control over monitoring and regulating its component sources. The justification advanced of its sourcing practices is that it is a complex process, with tens of thousands of miners selling tin, many of them through middlemen or third-party contractors. Based on the above case, answer the following questions: (a) What are the ethical issues in the above case? (b) Can customers of the company be expected to take into account such practices before buying any product of the company? (c) If the management were to seek your opinion on the matter, what course of action will you suggest?

20 marks · 250 words · Answered by 2 toppers · CSE 2021

Corporate GovernanceDimensions of Ethics

Industry professionals are increasingly being hired by the government for their private sector experience and their influence in industries that the government is attempting to regulate or do business with. Similarly, the industry is also looking to attract people from the public sector with high-paying employment offers to get access within the government departments, seek favourable legislations and regulations as well as government contracts. Such inside knowledge of the system, including any loopholes that might exist give private businesses a competitive advantage. Both industry professionals and government officials stand to gain from such associations. In this context, answer the following questions: (a) What are the ethical issues involved in the direct recruitment of industry professionals in important government positions? (b) Do you think a longer mandatory cooling off period for government officials before they join private firms can help in addressing some of the issues?

20 marks · 250 words · Answered by 2 toppers · CSE 2021

Conflict of InterestEthical Dilemmas in Government

You are the managing director of an upcoming advertising company which has made a name for itself in the market in a very short time. Varun is a star employee of your company who has consistently given good performance. Some of the most popular advertisements of the company, in recent times, have been an outcome of Varun's creative ideas. Since his joining, Varun has helped in almost doubling the revenues of the company, by bringing new clients and improving the brand equity of the company. You place high value in Varun's professional competence and are in the process of giving him a bigger responsibility in the company. However, you have been hearing rumours from various sections about the attitude of Varun towards his female colleagues. It has come to your notice that Varun is habitual of passing loose and lewd comments on the female employees of the company. Furthermore, Varun regularly sends indecent messages on phone to all the employees, including female workers. One day, Geetanjali, an employee working in Varun's team comes to you visibly disturbed. She complains to you about the repeated misbehaviour of Varun towards her. She informs you that Varun has on many occasions made undesirable physical advances towards her. She also tells that last evening before her shift was about to end, Varun called her in his cabin and tried to touch her inappropriately. She requests you to conduct an enquiry by the internal complaints committee (formed under POSH Act). She also tells you that in case appropriate action is not taken against Varun, she will be forced to resign from her position. You personally know Geetanjali as a dedicated and honest employee of the company. You are aware that she is the sole breadwinner of her family and has to support her teen-age brother and ailing mother. You also understand that unless the situation was really serious, Geetanjali would not have thought of resignation. On the other hand, an enquiry against Varun may affect the financial growth of the company. Also, you know that if Varun is fired for his actions, many big clients may leave the company. a) What are the ethical issues involved in this case study? b) Evaluate the different options available to you. In this situation, which option will you adopt and why? c) What steps will you take to ensure a safer workplace for women in your company?

20 marks · 250 words · Answered by 2 toppers · CSE 2021–2024

Corporate GovernanceEthical Dilemmas in Government

Mr. X is a renowned Architect. He receives a contract of Rs. 500 crores to design and lead a building project that would not only be an architectural landmark but also involves engineering challenges the solutions for which would change the industry. The building would house the headquarters of a successful company Fictitious Corp. Its chairman, Mr. Y is renowned for his acumen as well as temper. After spending time on the drawing board, Mr. X comes up with an innovative design which in itself is a masterpiece. His office had to lay out the plan and then coordinate with the engineering firms to execute it to perfection. The building is constructed in record time and is praised for its ingenuity and the experts also look at it as an engineering milestone. After six months of its construction, Ms. Z, a doctoral student of mathematics, visits the building for her work on structural engineering calculations. She has immense respect for Mr. X's work. However, she finds that her calculations do not satisfy the requirements of structural integrity for which the building has been widely hailed. She realizes that the building's structure has a deficiency based on the bolted beams used for structural support; this was inadequate if the impact of vertical winds on the building is taken into account. It not only created a threat for the building and its occupants but also the buildings and people nearby. Mr. X is informed of these calculations by the student and her supervisor. However, Mr. X, meticulous as he is, has confidence on his work and detailed design. He looks at the issue seriously and spends time on the design. He indeed finds no flaw in his design and also notes that his design entails the use of welded rather than bolted beams. At the time he is negotiating the construction of another building where the issue of welded versus bolted beams is a sticking point. Mr. X prefers welded beams as they are twice as strong as the requirements are. However, the engineering firm responsible for actual construction job and procuring the steel beams points out that double bolted beams are strong enough to meet the requirement, are cost effective and also fulfill the building code requirements. After the meeting Mr. X visits the Fictitious Corp building, and to his horror he realizes that bolted rather than welded beams have been used in the construction of the building. He asks for the design that his office has used after final approval. He notices that indeed the final designs show the use of bolted beams. These beams are classified as trusses which do meet the regulatory requirements but not the structural capacity as envisaged by Mr. X initially. He further enquires and is told that the engineering firm responsible for construction work had also given similar arguments about the sufficiency, cost effectiveness and regulatory

Answered by 1 topper · CSE 2021

Ethical Dilemmas in GovernmentCorporate Governance