scholarly journals Business Ethics in India And Abroad: An Overview

Author(s):  
L. P. Singh

Recent Years have witnessed a sea change in the very approach to corporate governance. Modern corporate governors do not view ‘maximisation of shareholders’ value’ as the sole mission of corporate management. Safeguarding and protecting the interests of the cross-sections of the society has come to occupy the ‘central stage’ of corporate planning today. This ‘new-found corporate philosophy’ is popularly referred to as Business Ethics in management jargon. Of late, the coverage and scope of business ethics have started expanding by leaps and bounds. Corporate practices the world over amply bear out today that the contours of business ethics are no longer confined to an abstract do’s and don’ts for business but represent a set of fundamental beliefs about the same. Observance of corporate ethics has become a global phenomenon with the US emerging as world leader. Other (developed) countries, however, do not lag far behind. Modest attempts have also been made in our country. We do have a host of socially responsible corporate: Tata group of industries providing the beacon light. Yet, we have a long way to go, particularly from the viewpoint of protecting the interests of the consumers, who are badly unorganised even today.

PEDIATRICS ◽  
1970 ◽  
Vol 46 (1) ◽  
pp. 145-152
Author(s):  
L. J. Filer ◽  
Lewis A. Barness ◽  
Richard B. Goldbloom ◽  
Malcolm A. Holliday ◽  
Robert W. Miller ◽  
...  

Workers in the pediatric field have recognized that undernutrition is of major importance in developing countries around the world and have expressed interest in the extent to which efforts have been made in the United States to deal with this problem. This report attempts to bring together information from a wide variety of sources and to summarize the considerable efforts that have been made in dealing with these problems of undernutrition. It may provide a basis for future planning and involvement on the part of those concerned with solutions for the food problems abroad as well as the application of experience with them to situations in this country. The vital importance of nutrition was forcefully described by the President's Science Advisory Committee in its 1968 report on the "World Food Problem." The principal findings and conclusions reached were stated as follows: 1. the scale, severity, and duration of the world food problem are so great that a massive, long-range, innovative effort unprecedented in human history will be required to master it; 2. the solution of the problem that will exist after about 1985 demands that programs of family planning and population control be initiated now. The food supply is critical for the immediate future; 3. food supply is directly related to agricultural development and, in turn, agricultural development and overall economic development are critically interdependent in the hungry countries; and 4. a strategy for attacking the world food problem will, of necessity, encompass the entire foreign economic assistance effort of the United States in concert with other developed countries, voluntary institutions, and international organizations.


2020 ◽  
Vol 3 (2) ◽  
pp. 169-175
Author(s):  
Listania Felia Kartika Candra ◽  
Agnira Rekha

 The COVID-19 pandemic affected its economic impact and disrupted all the economies in the world, including in Indonesia, causing many people to lose their jobs, close some of their businesses and the possibility of an economic crisis. When the number of cases of infection and death has increased sharply and recovery from a pandemic remains uncertain even in developed countries, evidence of shocks throughout the economy including China, Europe and the US has emerged. The purpose of this paper is to provide an overall understanding of the possibility of a pandemic macroeconomic shock, which includes economic activity in several affected areas, knowing how much the hospitality industry is affected by the same experiencing losses due to not having visitors as usual days. The COVID-19 pandemic also caused several sectors of Digital Travel Marketing companies to experience a drastic decline because almost all public transportation access was restricted and given a 100% refund. This paper discusses the monetary effects of COVID-19 emergencies across companies, and countries. It speaks of a monetary crisis through financial movements which are strongly affected by the ongoing pandemic. The monetary potential of COVID-19 throughout the world is still in high percentage, some workers are still in the period of vacation and some have been fired from the company.Keywords: Pandemic Effects, Tourism Industry, Tangerang


Mathematics ◽  
2020 ◽  
Vol 8 (1) ◽  
pp. 81
Author(s):  
José A. Tenreiro Machado ◽  
Maria Eugénia Mata ◽  
António M. Lopes

In this paper, the fractional calculus (FC) and pseudo-phase space (PPS) techniques are combined for modeling the dynamics of world economies, leading to a new approach for forecasting a country’s gross domestic product. In most market economies, the decline of the post-war prosperity brought challenging rivalries to the Western world. Considerable social, political, and military unrest is today spreading in major capital cities of the world. As global troubles including mass migrations and more abound, countries’ performance as told by PPS approaches can help to assess national ambitions, commercial aggression, or hegemony in the current global environment. The 1973 oil shock was the turning point for a long-run crisis. A PPS approach to the last five decades (1970–2018) demonstrates that convergence has been the rule. In a sample of 15 countries, Turkey, Russia, Mexico, Brazil, Korea, and South Africa are catching-up to the US, Canada, Japan, Australia, Germany, UK, and France, showing similarity in many respects with these most developed countries. A substitution of the US role as great power in favor of China may still be avoided in the next decades, while India remains in the tail. The embedding of the two mathematical techniques allows a deeper understanding of the fractional dynamics exhibited by the world economies. Additionally, as a byproduct we obtain a foreseeing technique for estimating the future evolution based on the memory of the time series.


Author(s):  
Marina E. Trigubenko ◽  
◽  
Tatiana V. Lezhenina ◽  

During the 8 years of the DPRK leadership, Kim Jong-un has been trying to position himself as a major reformer of the economy and the main military strategist in the development of the production of the latest intercontinental missiles directed towards the United States. Kim Jong-un presented the economic program for the first time at the VII Congress of the Labor Party of Korea in 2016 in the format of the three main tasks of the first five-year plan for 2016-2020. Tasks. To summarize Kim Jong-un's innovations in economic development and prove that they will be effective in the context of expanding trade and economic cooperation between the DPRK and China, Russia, as well as reducing the US sanctions policy against the DPRK. Methodology. The use of methods of scientific knowledge of the reformation of the economy of less developed countries. Results. The scale of economic innovations of Kim Jong-un and the influence of the legacy left by Kim Il-sung and Kim Jong-il from the position of national ideology are proved to be self-reliant (Juche), which complicates and slows down the transition of North Korea to the number of democratically developed countries of the world, political and trade-economic DPRK cooperation with the Republic of Korea. Findings. Today, China has always been and remains the main military-political ally and economic partner of the DPRK. Sino-US relations have become much more complicated as a result of the trade war and US accusations of concealing by China the real reasons for the appearance and spread of COVID-19 all over the world. The DPRK's economic relations with the United States do not develop after direct contact in 2019 of Donald Trump with Kim Jong-un. External and internal threats and risks in the use of innovations remain.


2006 ◽  
Vol 16 (1) ◽  
pp. 3-21 ◽  
Author(s):  
Robert Audi ◽  
Patrick E. Murphy

Abstract:Integrity is a central topic in business ethics, and in the world of business it is quite possibly the most commonly cited morally desirable trait. But integrity is conceived in widely differing ways, and as often as it is discussed in the literature and given a central place in corporate ethics statements, the notion is used so variously that its value in guiding everyday conduct may be more limited than is generally supposed. Two central questions for this paper are what work the notion does and whether it does any ethical work that is not done better by other concepts. In pursuing these questions the paper explores the most plausible range of understandings of integrity found in recent literature, considers in what sense it is a virtue, and proposes a strategy of clarification and interpretation that can facilitate both ethical reflection and the guidance of moral conduct in business.


2005 ◽  
Vol 5 (2) ◽  
pp. 1850035 ◽  
Author(s):  
Ricardo Gottschalk

This paper argues that investing in developing countries can be both economically and morally very rewarding. It firstly shows that historically capital invested in developing countries has obtained higher returns than invested in developed countries. It secondly argues that there is also a moral case for investing in developing countries. It would accelerate economic development in the poorer areas of the world, thereby promoting global development. It finally suggests that the socially responsible investment (SRI)initiative could be broadened to incorporate development objectives more explicitly, thereby serving as a conduit to more investment to the developing world.


2003 ◽  
Vol 52 (3) ◽  
pp. 587-614 ◽  
Author(s):  
Meg Russell ◽  
Colm O'Cinneide

The issue of women's under-representation in politics continues to be controversial and pressing in countries all over the world. According to the Inter Parliamentary Union, only 14.7 per cent of the world's legislators are women.1 In no country do women achieve parity with men in terms of parliamentary representation. The record of many of the world's most developed countries is particularly poor. Looking at lower houses of the legislature, in the US women's representation is only 14 per cent, in the UK 18 per cent, France 12 per cent and Italy 10 per cent. These countries are considerably out-performed by others such as South Africa and Argentina, both at 30 per cent.2


2019 ◽  
Vol IV (IV) ◽  
pp. 468-475
Author(s):  
Shabnam Gul ◽  
Aftab Alam ◽  
Muhammad Faizan Asghar

The USA, the victor of the Cold War, became supper power in 1992 and started to exercise its hegemony in the world. China, a Cold War ally of the US, became a stronger economy and came forward to encounter the Primacy of the US in Asia. In the name of peaceful development and cooperation, China has become the supreme exporter of the world and the second economy of the world. The advancement PRC has made in the arena of technology, military, space technology, its engagements in different regions, its soft balancing strategy in the world displays that China wants to perform as a forthcoming hegemon of the world. This paper analyze both the soft and hard balancing tactics of China to counter the omnipotence of the US in different regions of the world. The strategies of China illustrates that it is searching for a multipolar world.


Author(s):  
X. V. Sadykova

In conditions of the global management crisis caused by COVID-19 the issues dealing with management efficiency become especially topical. Integrated corporate structures embracing big banks and corporations make the basis both for economic and political force. Though the disintegration strategy is becoming more and more popular, multinational companies are not weakened and continue influencing governments of many countries of the world. Decisions made in these organizations can impact not only economy of a certain country, its ecology, social policy but often the future of states and regions. That is why corporate strategies, which should be relevant to present day realities, become so important. Today the majority of integrated corporate structures stick to traditional logics in corporate management realizing it within the frames of Freedman theory. The article compares and summarizes traditional and innovation theories of corporate management, shows their advantages and drawbacks, analyzes the experience of big global companies and provides legal substantiation of splitting responsibility inside corporations. An attempt was made to prove groundlessness of traditional logics of profit maximization in today’s world and to identify ways to shifting focus to the company development.


2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Muhammad Fahim Khan, Dr. Muhammad Ayaz Khan

Terrorism is a universally contested concept with varying understanding in different regions of the world. Its conceptualization in developed countries and developing countries is different in the essence of perception and operationalization. This study attempts to explore the genesis of terrorism generally in Pakistan and Swat valley in particular. It explores the causes and major driving forces of terrorism and the factors which contributed to its spread because of social fault lines. The menace of terrorism had been globalized in the wake of 9/11, which led the US to initiate global war on terror, but its implications on Pakistan were triggered by the US invasion of Afghanistan and the contributions of Pakistan in this regard. The global geographic attraction of Pakistan makes it vulnerable to any critical development in the world by default. To analyze the causes and impacts of the study, this study relies on a descriptive method of analysis backed by primary and secondary data in a bid to provide more diversity for a broader understanding of the outcome. This study found out multiple factors including weak social fabric, political instability, the grim economic situation of masses, poor education and health facilities, and above all, lack of social justice responsible for instigating violence in the region and urge to challenge the writ of the state, this study further debates on the losses incurred to inhabitants with the destruction of civil infrastructure. Pakistan lost approximately 35000  civilians and 7000 military personnel in the war on terror in exclusion to the loss of the economy in this particular area. This study efforts to suggest concrete steps to improve security conditions in the area to foster socio-economic development in the region and provide adequate facilities and living standards.


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