4. NEED OF ETHICAL BEHAVIOUR
Minimizing unethical decisions
Government intervention and legal battles
Reputation
Minimum wastage of working hours for personal
work
More economy and efficiency in business operations
Maintaining Confidentiality
6. WHAT IS ETHICAL ISSUE
A Problem Or Situation That Requires A Person or Organization To
Choose Between Alternatives That Must Be Evaluated As Right
(Ethical)
Or Wrong (Unethical).
7. ETHICAL ISSUES AT WORKPLACE
Employment Discrimination
Workplace Harassment
Supplier and Customer Relationship
Senior and Subordinate Relationship
Employee Behaviour
Resources
9. WORKPLACE HARASSMENT
Excluding a person from usual work
Unexplained job change
Impossible job or deadline
Constant criticism or insults
Physical or verbal abuse
10. SUPPLIER AND CUSTOMER
RELATIONSHIP
Bribery
Discrimination between suppliers
Delaying or not making payments to suppliers
Dishonesty in making and keeping contract
Unfair Pricing
Cheating Customer
Misleading Advertising
Non disclosure of mandatory information on packaging
Sale of fake, spurious,duplicate,or hazardous goods
11. SENIOR AND SUBORDINATE
RELATIONSHIP
Communication gap between senior or subordinate employee
Mutual Understanding
Proper Feedback Report
Abusive behavior towards subordinate employee
12. EMPLOYEE BEHAVIOUR
Misuse of designation
Break rules and regulation of organization
Conflicts and arguments with other employees
Not a proper use of working hours
13. RESOURCES
Use of funds and resources of the organisation for
personal purposes
Misreporting of actual number of days or hours
worked
Divulging business secrets to the competitors or
using them for personal gain
14. GUIDELINES FOR MANAGING
ETHICS IN THE WORKPLACE
Top management initiatives
Establish open communication
Reporting of unethical conduct
Code of conduct
Ethics management program
Disciplinary actions
Group discussion
15. CASE STUDY
Satyam Computers
This case study is all about the satyam scandal which happened in
2009.
In this case company represented its accounts both to its board ,stock
exchanges, regulators, investors and all other stakeholder.
Accounting fraud:
It is a fraud, which misled the market and other stakeholder by lying
about the company’s financial health. Even basic facts such as revenue
and operating profit were grossly inflated to show the company in good
health.
16. QUESTION RAISED ?
Investors
Board
Government invention
Accounting Standards
Ethics and Code of conduct
17. SOLUTION RELATED WITH
ETHICAL ISSUE
Proper code of conduct
Fraud detection mechanism
Good corporate governance
Whistle blowing policies