E hics-12

1.Corpora e Go ernance
2.E hical iss es in In erna ional
Rela ions
Manindra
12m09s Philosophy Psychology PublicAdmin

3ft Piaffeagnates recommend Yusmmanies

Single source shoules be made
Add value piecesea definitions brief examples
After theory Upsc pyg
lo 15Question to stick to world limit
Case Studies
3 15
Yellow Book 41 to
g Manikami Cs
3 Nonfarm Cs

Wrote the answer

Check model answer
unite the answer again
 Linkages
1. Corp. Go .- need and objec i es.
2. Corp. Go .- S akeholders & S r c re.
3. Need for E hical considera ions in IR.
4. Realism /s Liberalism.
Manindra
5. Principles for sec ring al es in IR.
 Need for Corp. Go .
Role of go . changing - FACILITATOR.Regulator
Gap crea ed b e i of go . is lled b pri a e
corpora ions. M
P blic Welfare-responsibili of Go + P
sec or. san Manindra
Corpora e Go ernance:
- es ablish balance be een economic &
social goals of corpora ion.
- enable corpora ions o crea e eal h legall
& e hicall .
 Pro abl
e
Manindra

E hical Legal
 The S akeholders
1. Shareholders
2. Managemen
3. Board of Direc ors Manindra
4. A di ors
manipulatetheargent
p
RanaKapoor Thouoksasofnow
YesBank 22lakhcrore
the acut K2 bn
EX Satyam Mgmt inflated by
 itCorpora e Go . S r c re
2things
pqrr.de
www.qq.fhfasggrgwwvoww www.mgiodigyeaefmmozey
Exec Appoin

q
BOARDpolitical
SHAREHOLDE
of
giveukkuote R
DIRECTORS
citizens
Repor Hindman
Citifusootetlampany
Appoin Repor to
aBank
aBusiness
Manindra
Pee proportionalAppoin Repor
capita
PINO
mgmt
MANAGEMEN AUDITORzcttG
9dmiufkueeaera.ly
T Inspec
to NPA09 latehor
today
Dayfunctions Lascar i waiter
 The S akeholders
STAKEHOLDER RELEVANCE CONCERN
Shareholders O ners of compan Small /s Large shareholders
Mone + Tr s disproportionatevote

Managemen Vision & g idance Enco rage e hical cond c .

in dail affairs ( Ta e asion, Insider rading,
Gender discrimina ion)
qq.net Manindra
Need a balanceYwtheseQ
Board of Long- erm ision E per ise + Impar iali
1
E ec I i e /s Non-E .
Direc ors
holdthemgmt takenfrom Direc or Hotfrom
accountable
Mgmtof impagf.mu
mt
comfanytebiased
A di ors Inspecaccuroyetely
& repor Independen of nd e
nancial heal h of in ence
co. (dis-propor iona e o ing
to steerythenthe corporategon we needfollowing principles

Fo r Pillars of Corp. Go .
primpier

1. Acco n abili Ens re ha Mgm . is acco n able o BOD &

BOD is acco n able o shareholders.
2. Fairness Ens re ha all shareholders, incl ding
small in es ors, are rea ed eq i abl .
3. Transparenc Manindra
Ens re imel + acc ra e disclos re on
nancial si a ion of compan , o nership
and corpora e go ernance meas res.
4. Independence Ens re ha BOD & A di ors are free from
an nd e in ence b es ablishing
proced res ha minimi e an po en ial
con ic s of in eres .
 Corporate Governance
towards that of a
regulator
As the role of govtshifts
vacates are assigned
and facilitator the functions that it
The sector now is expectedto generate
to the put sector put revenuesof the
Contribute to the taxation
employment Therefore the
preservation etc
environmental
forts ruphold becomes a matterof
common
responsibility of publicwelfare
sector
concern thegovt as well as forthe put
for can be understood
In this content corporate governance
seek to establish a
Mechanisms that
as the structural
b w the economic and
social goals of a
balance
objectiveof corporate governance
Corporation the fundamental and
is to enable corporations
to collate wealth legally
the gelationship
ethically this requires the strengthening
of Board
the shareholders the Mgmt the
Hw 4 stakeholders
Digectors and the Auditors
of
 How to implement about principles

S reng hening Corp. Go . in India

1. Cla se 49 (Lis ing Agreemen -SEBI)
2. Companies Ac 2013

Manindra

crouotaidf
 hfao.com
Cla se 49- SEBI tHoaicwaste

theuerse
Manda or Req iremen s: Boring
Ffs
deputies Fumpingwasteinto
1. Composi ion of BOD geound
- Independen Direc ors + One Woman
Direc or. 32yrs No significantien with company
Chhis If D 113 ID
2. Code of Cond c for BOD. EID IDManindra
Nut Edwardswoman
3. Whis leblo er Pro ec ion Mechanism.
4. A di Commi ee.
5. Ann al Repor shall speci call highligh he
e en o hich non-manda or
req iremen s ha e been adop ed.
 a TATA
TAS
M Corp. Social Responsibili
Corp. Go . is i self a par of CSR.
CSR
Sufficient conditiona smallerset
copCrout
Necessarycondition CSR Corp.
largerservices Go
CSR is a broader concep : Manindra
i. social concerns +p blic elfare programs.
ii. Philan hropic ac i i ies + social ser ice.
iii. S pplemen ing he go s effor s.
i . En ironmen al preser a ion.
 Country vs Govt
I Always tryto maleeadshution
E hical iss es
in
Manindra
In erna ional Rela ions
Courtney
Crout 30 electorate Population

Sanctions were
1990 Economic
Quposed m India D Pak N84edealotafter1974smilingBuddy
f
Intern Community believers hidia
Nation
Responsible Peaceloving
 Interconnected word s weapon could have disaster input
Need for E hics in IR
et 51 253
In er-connec ed orld; iss es no res ric ed
o na ional bo ndaries.
aHarmon b/ Na ional and In erna ional
aspira ions.
Manindra
Na ional In eres = In l. Peace.
So ereign of na ion canno be wthenthup
compromised. Ex Pokhran 1998 Contradict
chooseNationalInterest
Pak 1998 Nucleartest
flogic hostile
Indiabecame Nfiest use Policy
Chesible Deterrence
81 NonProliferationRecord
 Ethical Issues in IR

In an interconnected and interdependent world Many

to national boundaries
issues and decisions are not eyestricted
environmental or security
such issues could be financial
each nation is expected to align
related therefore
its national aspirations in accordance with the requirements
Art 253
forinternational peace Art51
interest
However there be situations where the collective
may
global
c ommunity require some nation to sacrifice
of
interest In such circumstances
their Unesividual self another
no nation or organizer can force its will on
its sovereignty auf
nation as this would violate
Therefore in the
increase thepossibility of conflict
international
b national interest
event of a conflict w
sometimes
national interests that prevails
peace it is often
theexpense international peace
even
of
This makes its important to identify promote
values to guide and regulate
appropriate principles and
estd
international exchanges Some such principles were
the UN declaration on the principles of international
by
cooperation in 1970
 song
Ethics in IR
UN Declara ion (1970) 9 o

i. So ereign eq ali of all na ions.

ii. Righ of self-de ermina ion.
iii.Prohibi ion of se of force.
i . Non-in erference in domes ic Manindra
affairs
of o her na ions.
. D o coopera e i h o her na ions.
 u cant use
f
one
any
qDgwb T o Theories given u have
capability
1. Realism: New India
c - Self-in eres akes precedence o er e hics.
Ex - Ends j s if he means; oppor nism.
- Sole aim is ad ancemen of na ional
in eres . military
power
Realismhas certain limitakm so we need Liberalism
2. Liberalism: Manindra
- M al coopera ion; less con ic .
i. In erna ional ins i ions and la .
ii. In erna ional rade.
iii. Spread of democrac .
54 ooo er Lcr Not ferocious what will yougo
CAA i say
Realism wouldn't agree with this
assimilate absorbtheirs
 In erna ional Iss es and Realism
ISSUE RESPONSE PROBLEM
Clima e Change - Secondar iss e - S per cial
- Rela i e gains effor s
monetary gain
problem nine - Shor - erm
Migran s/mReaksm- Den + border - Polarisa ion
Ref gees con rol - Aggra a es
- Sec ri risks problem
- S rain on
Manindra
reso rces epromotelf
Geffen Nafnointer

Mili ar - Hegemon ; Arms - Open con ic

In er en ion/ race - Regime change
- Garb qayjyafuaaosnswedttjerag.saosamtusssae.tn
of morali
WMD s U.s does this triestocharge the
F nding/Aid - A ach a WIBo - Oppor nismcurrency
condi ionali ies foil
trade
Humanpuguts - Crea e with us
Nuclear
 Weaf
w 9000
Solepeople
donthave
Limi a ions of Realism Helicopters
foooto eat Abn
LIMITATION EXAMPLE

1. Ma erial iss es > - Colla eral damage in drone

Aes he ic iss es s rikes
- Women in con ic ones
2. M opic Ex CAA - Den ing ref ge o migran s
Manindra
decisions - Border con rol
has an
3. Zero-s m game - Arms race neither party
advantage

4. Oppor nism - Aid i h condi ionali ies

gains - Search for WMDs; regime
tow
absolute
doesn't
on
change
5. Rela i e gains - Clima e change
 India Sardar Sarovar Dam
approached WE Bame for
devoitronali
WI B to rehabilitate
UH
his put by tribalpeople

TTm.JajmntiebyReahsm
ftp

Akbarruled for49 yrs First Britishers

to carve India
Agriculture Diplomatic capital
PL Udo areas of Agerselfsufficiency

Us opportunism Pak
snoria

a
other means
Klae is continuation of Politics by
3
Iww fouth for
France
Sikh's Iww u
mutual history
hemember shared
be able to sustain
India wouldnt
41ohm Rafael on religion
the deal doesn't discriminate
Liberalism hY need
based on international trade
India vs France of Prophet
Freedom of Ettressionintef phrase
Reasonable freshich Expression Ex Charlie hebdo
 In erna ional Iss es and Liberalism
ISSUE RESPONSE BENEFIT
Clima e Change - M
- Common,
Differen ia ed Resp.
I
al coopera ion - Absol e gains
Sustainablebenefit

Migran s/Iggg - Allo en r - E hical/

1
Pay Ref gees Indian - Eq al, no iden ical, Al r is ic
Soldiers Soldiers rea men - HManindra
mani arian
bufutt 1buried mutilated

Mili ar - Info. sharing, - Peacef l

In er en ion/ dialog e coe is ence
- NEW START epanchsheel
WMD s
F nding/Aid - No condi ions - Consis enc
Indiacontributed 500mn - Enabling na re
insertstsunami
H man Righ s - Trea h mans as - H mani arian
ends
 liberalism is based on threePesticides France
Three Principles I xx
ReligiousSymbol
notallowedin public
PRINCIPLE ADVANTAGE DRAWBACK

DOMINANC S abili Resen men

E Predic abili Con ic

RECIPROCI Incen i i es Manindra

Assessmen
TY coopera ion Nega i e
dimension
IDENTITY Larger comm ni Charac er
Sacri ce of self- Socio-eco
in eres indica ors
Exfor liberalism Germany
 E hical Iss es in IR
ISSUE ETHICAL PRINCIPLE
DIMENSION
SECURITY Mili ar In er en ion Dominance (UNSC; USA)

H man Righ s Iden i (India- pol.

as l m)
Disarmamen Dominance (USA-R ssia)
Manindra
INTL. TRADE Self-in eres /s Reciproci (MFN S a s)
Resp.

ENVIRONMEN Common Resp. Dominance (USA, China)

T