Book Review: Business Ethics And Corporate Governance by Dr.F. C. Sharma, , Rachit Mittal
Article Title: “Business Ethics And Corporate Governance: A Thought-Provoking Journey Into the World of Corporate Social Responsibility”
As a reader, I was truly captivated by Dr. F.C. Sharma and Rachit Mittal’s Business Ethics And Corporate Governance, a book that provides deep insights into the landscape of corporate social responsibility. Written with great clarity and precision, this book is an eye-opener for all those who care about ethical business practices.
The authors have done an excellent job of weaving together different aspects of corporate governance and ethics to provide a comprehensive understanding of the topic. From discussing the regulatory framework to analyzing real-life case studies, the book covers it all in great detail. The inclusion of numerous examples from various industries not only helps readers understand complex concepts but also makes it clear that unethical business practices are prevalent in every sector.
One thing that really resonated with me was how much emphasis the authors put on encouraging a proactive approach towards ethical decision-making. They suggest that businesses should adopt an ethical culture and focus on sustainable development rather than merely complying with regulations or ticking boxes on CSR activities.
However, despite these strengths, there were some areas where I felt the book could have been more comprehensive. For instance, while discussing stakeholder management, it would have been useful to delve deeper into how stakeholders’ interests may conflict with each other and how businesses can address such situations effectively.
Overall, Business Ethics And Corporate Governance not only highlights the need for businesses to function ethically but also provides practical guidance on how they can achieve this goal. It’s a must-read for anyone interested in creating sustainable businesses that prioritize their impact on society and ethics over profit margins.
Score: 4 out of 5 stars
Publisher: SBPD Publications
Page Count: 302
Publication Date: 2021-09-28
Business Ethics And Corporate Governance
Section ‘A’ Business Ethics1.Business Ethics : An Overview, 2. Nature of Ethics and its Relevance to Business , 3. Introduction to Business Value, 4.Value Based Management, 5. The Changing Value Systems of India, 6. Work-Life in Indian Philosophy (Work Ethos, Work Place Values and Work-Life Balance), 7 .Relationship between Ethics and Corporate Excellence, 8. Corporate Mission Statement and Code of Ethics, 9. Organisational Culture , 10 .Total Quality Management (T Q M) , 11. Gandhian Philosophy of Wealth Management , 12. Corporate Social Responsibilities and Social Audit, 13. Ethics in Marketing, 14. Profit Maximisation and Ethics, 15. Employee Discrimination , Section ‘B’ Corporate Governance1.Conceptual Framework of Corporate Governance, 2. Regulatory Framework of Corporate Governanc, 3. Failure of Corporate Governance and Reforms of Corporate Governance, 4. Major Codes and Standards on Corporate Governance, 5. Corporate Social Responsibility , 6. Business Ethics and Rating Agencies.
publishedDate : 2021-09-28
authors : Dr.F. C. Sharma, , Rachit Mittal
publishers : SBPD Publications
pageCount : 302
Sustainability Reporting Ethics And Strategic Management Strategies For Modern Organizations
Author by : Oncioiu, Ionica
Languange Used : en
Release Date : 2020-07-24
Publisher by : IGI Global
ISBN :
Description : Current modern companies, which are also the key factors of a global economy, are subject to increasing pressures to conduct their business in an environmentally responsible manner, due to social and environmental problems. Improving long-term environmental performance can bring economic benefits to those companies that are innovative and environmentally sensitive, especially by integrating environmental information into their business strategies. Considering all the changes, sustainability reporting, management, and financial accounting becomes a powerful information tool for executives, managers, and employee teams to gain insights and make better decisions. Along with concepts such as ethical, controlling, auditing, management, and financial accounting, reporting provides value with the decision-making process. All these debates underline the major responsibility of users when configuring accounting and finance models and thereby in modelling business information. Sustainability Reporting, Ethics, and Strategic Management Strategies for Modern Organizations proposes an interdisciplinary perspective and explores various theoretical and practical approaches of ethical standards, management accounting, and their impact in the 21st century on different areas of activity. It contrasts external financial accounting for government regulators and the investment community with internal management accounting for managers to leverage for decision making. In addition, the book examines the role of management accounting and sustainability reporting from other points of view such as ethical standards, corporate social responsibility, creative accounting, green accounting, environmental indicators, e-accounting, KPI, lean accounting, controlling, auditing, reporting, etc., offering a number of new insights into management accounting. It is intended for chief financial officers, financial controllers, business analysts, financial planners, financial analysts, budgeting managers, executives, managers, academicians, researchers, and students....
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Author by : Wolf, Ruth
Languange Used : en
Release Date : 2014-12-31
Publisher by : IGI Global
ISBN :
Description : In the modern business environment, companies strive to create a sense of moral obligation within their employees in an effort to foster a concern for social welfare and justice among global organizations. Despite the efforts of managers and directors, many companies continue to find it difficult to overcome the moral dilemmas of the corporate sector. International Business Ethics and Growth Opportunities presents the necessary methods and resources for managers and directors to be successful in leading their corporations in a responsible and morally conscious manner. Examining the dangers of unethical behavior, this book provides the strategies and tools for proper management to encourage company strength and success. This publication is an essential resource for academicians, researchers, officials, post-graduate students, and professionals in the fields of business and business education interested in ethical decision making on the individual and company level....
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Author by : James Post
Languange Used : en
Release Date : 2003
Publisher by : Irwin/McGraw-Hill
ISBN :
Description : Business and Society: Corporate Strategy, Public Policy and Ethics, by Post, Lawrence and Weber was the first book to be published in the field of business and society and is the market leader! For over thirty years, Business and Society has been updated and reinvented in response to society's relationship to business. Post, Lawrence and Weber discuss the social and ethical impacts of business. Business and Society, 10e highlights why government regulation is sometimes required as well as new models of business-community collaboration. Business and Society, 10e is a book with a point of view. Post, Lawrence and Weber believe that businesses have social (as well as economic) responsibilities to society; that business and government both have important roles to play in the modern economy; and that ethics and integrity are essential to personal fulfillment and to business success....
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Author by : Hagai Gringarten
Languange Used : en
Release Date : 2019-04-15
Publisher by : Routledge
ISBN :
Description : Ethical Branding and Marketing: Cases and Lessons provides current perspectives on fascinating global cases focusing on the specific combination of the two fields of "ethics" and "branding," on their relationship, and on how that joint perspective shapes brands, companies, business strategies, and the market itself. In a contemporary environment of "truthiness" and fake news, it is more important than ever to review core principles of ethics and to reassess how these principles apply to today’s branding and marketing practices. This book addresses practices in ethical branding and corporate culture. It includes such topics as truth, integrity, value, vulnerability, and differentiation. Collectively, these cases provide a contemporary overview of intriguing scenarios and best practices in ethical branding. The book provides the reader with real, updated insight into ethical decision making; helps students integrate ethics, branding strategy, and real life, complex situations into an effective learning process; and provides the reader with up-to-date ethical branding cases from around the world....
Business Ethics And Diversity In The Modern Workplace
Author by : Zgheib, Philippe W.
Languange Used : en
Release Date : 2014-11-30
Publisher by : IGI Global
ISBN :
Description : Corporations have a social responsibility to assist in the overall well-being of their communities through the compliance of moral business standards and practices. However, many societies still face serious issues related to unethical business practices. Business Ethics and Diversity in the Modern Workplace investigates the ethical frameworks within modern corporations and their impact on the communities they serve. With a focus on autonomous decision making in complex quandaries, this book is an all-inclusive reference source for students, researchers, practitioners, and managers who are concerned with the various ethical dilemmas within businesses, as well as evaluating moral issues impacting societal welfare....
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Author by : S.K. Mandal
Languange Used : en
Release Date : 2011
Publisher by : Jaico Publishing House
ISBN :
Description : This comprehensive textbook specifically focuses on building a thorough foundation on management studies by sequentially developing the components and basics of management principles and approach, discussing and analysing the key features and methods of modern management practices, and finally exposing the students to some essential topics on environment management, business ethics, corporate governance, and total quality management for sustainable growth and development of business. Students and practicing professionals in this field will be immensely benefited by the coverage and treatment of the book. Key Features — Based on industry experience with focus on building a strong foundation for management studies, especially in the context of the Indian business environment — Covers critical areas of management like strategic planning, strategic management, supply-chain management, international trade, entrepreneurship and small business management, information management, environment management, business ethics, corporate governance and modern tools for TQM, including cost of poor quality, benchmarking and six-sigma practice — Emphasis on management issues critical to business – organisational culture and leadership, modern HRM, external business environment, ethics of business and corporate governance, and responsibility for natural environment management for sustainable growth — Provides a wider coverage of the interconnected functions, methods, processes, variables, strategies and tools for excellence in business management, including 80-20 rule, Murphy’s Law, 1-10-100 rule of cost management, 360 degree appraisal, JIT, TPM, Kaizen etc....
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Author by : Jonathan P. Doh
Languange Used : en
Release Date : 2005
Publisher by : Edward Elgar Publishing
ISBN :
Description : Nineteen original contributions from international scholars explore the concepts of responsible leadership and governance and their application in the modern business environment. A sampling of topics includes leadership and the social construction of charisma; the influence of CEO transformational leadership on firm-level commitment to corporate s...