Accountable Managerial Ethics

Parikalpana: KIIT Journal of Managemnt [Vol.12-I, 2016] ISSN - 0974 2808

4 Pages Posted: 5 Apr 2016

See all articles by Rabi Subudhi

Rabi Subudhi

KIIT University - School of Management; KIIT University; KIIT University - School of Management

Date Written: February 2, 2016

Abstract

Since ages or centuries, we have enough examples of unethical practices some people/party, where other parties get affected, at least to some extent. Sometimes bribe giver and receiver do the act with ‘mutual agreement/consent’ and they justify the ‘act’. They accept the ‘act’ as harmless or ‘lesser-evil’. Even one party goes to the extent of justifying it as ‘unavoidable’ (lesser-evil). But as we take impartial view of such act, in most of such cases, some other party is directly/indirectly affected or hurt. Getting a deal/contract signed/granted, we hear of some undue ‘favour’ being made/shown. Ministers/officers accepting ‘favours’ (like using chartered flights or air-travel offers) from business houses, for their personal/ family work is a common incident these days. Though it appears to be ‘harmless’ or even ‘lesser evil’ at that very point of time, there is surely expectations of return ‘favour’ for those very ‘harmless’ favours. When we look back to the history of systematic (academic) study or research on this grave issue, affecting our society since many centuries, ‘Business Ethics’ came as an independent subject of formal/serious research only after 1970’s. It now attracts much more attention of researchers, these days. There are many notable findings, which tries establish the ‘necessity’ of practicing ‘ethical practices’ by business-houses, for their very own existence and long run sustainable business. It is beyond the scope of this paper to enlist exhaustively all such notable research. But Reidenbach’ work is one worth discussing now, in this paper.

Keywords: Business ethics, Reidenbach-model

JEL Classification: L51, L52, P20, M20, L20

Suggested Citation

Subudhi, Rabi, Accountable Managerial Ethics (February 2, 2016). Parikalpana: KIIT Journal of Managemnt [Vol.12-I, 2016] ISSN - 0974 2808. Available at SSRN: https://ssrn.com/abstract=2757998

Rabi Subudhi (Contact Author)

KIIT University - School of Management ( email )

Campus - 7
KIIT
Bhubaneswar, Odisha 751024
India
91-674-2725713 (Phone)
91-674-2725278 (Fax)

HOME PAGE: http://www.ksom.ac.in

KIIT University ( email )

Bhubaneswar, Orissa 751024
India
916742725713 (Phone)
916742725378 (Fax)

HOME PAGE: http://www.kiit.ac.in

KIIT University - School of Management ( email )

Campus 7, KIIT School of Management
KIIT University
Bhubaneswar, OR Odisha 751024
India

HOME PAGE: http://www.ksom.ac.in

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