Ethics: Comparative Perception Among Profit & Non-Profit Organizations in India
Posted: 18 Jul 2012
Date Written: April 5, 2012
The word ‘Ethics’ is understood by different people differently and by a person differently at different point of time. However, across the time and people, there are some core values of ‘Ethics’ has consensus. This paper attempts to study how ‘ethics’ is perceived by employee of Profit & Non-Profit organizations in India.
The study is largely based on secondary data. We study organizational policies of various Profit & Non-Profit organizations and compare similarities and dissimilarities among them and attempt to find the reason or route cause of dissimilarities. We also probe issues & challenges in implementing policies in both types of organizations by analyzing compliance & audit reports of those organizations. The study is encircling the legal environment of both types of organization that influence the culture of ethics. We also draw list of compulsive factors in both types of organizations that influence stakeholders to choose or not to choose some values as part of ethics. Limitation of the study remains in the fact that, we could only study some of the organizations that are formally documenting such records and making public. However large numbers of organizations are not either maintain such policies or are not making such policies available on public domain.
Keywords: ethics, profit making, non-profit organizations
JEL Classification: G3, L3
Suggested Citation: Suggested Citation