Being ethical: ethics as the foundation of business

By: Manikutty, SMaterial type: BookBookSeries: IIM Ahmedabad business booksPublication details: Noida Random House India 2011Description: xviii, 237 p.: ill. Includes referencesISBN: 9788184001389Subject(s): Business ethics | Leadership - Maral aspects and ethical aspects | Success in business - Moral and ethicalDDC classification: FP 174.4 Summary: Businesses have to act in self-interest but to what extent should they sacrifice ethical behavior? The question has become increasingly relevant with the recent high profile corporate scandals such as Satyam and the 2G scam. But can, and should, a business behave ethically at all? Is the corporate social responsibility of a company just to make profits as Nobel Prize-winning economist, Milton Friedman, once famously declared? In this timely book, Professor Manikutty takes us through the minefield of business and ethics looking at the ways in which ethics enter work and the choices available to companies and to individuals. He argues that being ethical is not a simple question of doing the right thing vs the wrong thing; it is to find a balance between multiple right or wrong choices, arriving at not a solution but a compromise. Using a variety of examples and case studies from Indian businesses, Being Ethical is an indispensable book for any responsible manager.
List(s) this item appears in: IIMA business books series | Faculty Publication (Books)
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Item type Current library Item location Collection Call number Copy number Status Notes Date due Barcode
Books Vikram Sarabhai Library
Faculty Publication
Reference R FP 174.4 M2B3-1 (Browse shelf(Opens below)) 1 Not for Issue 174595
Books Vikram Sarabhai Library
Faculty Publication
Non-fiction FP 174.4 M2B3-2 (Browse shelf(Opens below)) 2 Available PM 174596
Books Vikram Sarabhai Library
Faculty Publication
Non-fiction FP 174.4 M2B3-3 (Browse shelf(Opens below)) 3 Available 174953

Businesses have to act in self-interest but to what extent should they sacrifice ethical behavior? The question has become increasingly relevant with the recent high profile corporate scandals such as Satyam and the 2G scam. But can, and should, a business behave ethically at all? Is the corporate social responsibility of a company just to make profits as Nobel Prize-winning economist, Milton Friedman, once famously declared? In this timely book, Professor Manikutty takes us through the minefield of business and ethics looking at the ways in which ethics enter work and the choices available to companies and to individuals. He argues that being ethical is not a simple question of doing the right thing vs the wrong thing; it is to find a balance between multiple right or wrong choices, arriving at not a solution but a compromise. Using a variety of examples and case studies from Indian businesses, Being Ethical is an indispensable book for any responsible manager.

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