Asian and Indian Approaches to Ethics and Theory
Business ethics is a form of applied ethics dealing with moral rights and wrong. (Thite, 2013). In the contemporary business environment, a firm orientation to corporate ethics is influenced by its organizational culture, and India has become one of the rising superpowers in the contemporary global economy where HR (human resources) are very critical for organizational strategic advantages because effective management of employee is crucial for organizational innovative advantage. Moreover, HR focuses on employee welfare and functions to develop their talents for a firm's growth. Despite the benefits of the HR to organizational market advantages, organizations face real challenges in balancing ethical values and business with reference to HR function. A firm ethical reputation determines the ability of a firm to attract and retain talent and competent employees.
Objective of this paper is to explore Asian and Indian approaches to ethics and theory
1. Ethical dilemmas and Issues
Danon-Leva, Cavico, & Mujtaba, B.D. (2010) define business ethics as a specialized field that provides an interaction between business and ethics. Thus, several Indian firms are internationalizing their businesses operating in both developing and developed countries investing in HR practice to comply with international standards and employment regulations. Marta, et al. (2013) define institutionalization of ethics as a level by which organizations incorporate ethics into corporate decision making. Similar to India where organizations are integrating ethics in their organizational practice globally, Thailand has also integrated...
Corporate Social Responsibility in Indian Pharmaceutical Industry An Exploratory Study Outlook of CSR in India History of CSR in India Philanthropy in Indian Society Modern Form of CSR in Indian Society Profile of Indian Pharmaceutical Industry Rationale for Selection CSR Activities by Indian Pharmaceutical Companies Major Influences Over CSR Activities Scope of CSR Activities Comparison of Indian & Western Pharmaceutical Companies This research paper is concerned with the recent practices of Indian pharmaceutical companies in the field of corporate social responsibility. For
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