From wikipedia:
Ethics, sometimes known as philosophical ethics, ethical theory, moral theory, and moral philosophy, is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct, often addressing disputes of moral diversity.
Therefore, Ethics
a. is a foundation for action - not merely a platform of analysis, discussions, debates, expectations, and promises.
b. concerns both right and wrong issues
b. involves moral issues, too.
As social institutions (homes, business and other organisations, governments etc) are comprised of individuals like me, it is our behaviour (including business actions) that collectively becomes ethical culture. It is therefore improper to point fingers at institutions, viz., 'they', 'them', 'their' ethics, when I have been part (and may be, driver) of such actions, either alone or with others. Most (or all?) individuals play a schizophrenic game: they are ethically correct in public places (e.g. religious places, and when the policeman is at the traffic lights), but tend to spit in the corner, and avoid flushing the loo in the train, if no one is watching. 
Perhaps we could, as individuals follow this list of tiered ethical practices (do you have a better idea? 
):
):1. follow the law of the country, the organisation etc
2. follow the conventions of your society / community; don't be late or rude; say "please; thank you; sorry; happy birthday; etc)
3. walk the talk with respect to our personal (tall 
) public statements. 
) public statements. This is tiered because #2 should not violate #1, and #3 should not violate # 2 and / or # 1.
Best wishes.
--------------------------------------------------------
The great aim of education is not knowledge but action. ~ Herbert Spencer
Dr Vinod Dumblekar
MANTIS
Management Simulation Games
design | development | delivery
Ph : +91.9818631280
From: Dr.Subrata Chattopadhyay <subrata1chattopadhyay@gmail.com>
To: join_mtc@googlegroups.com
Sent: Saturday, August 23, 2014 9:20 PM
Subject: Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics
Even the best of companies where people dream to work in and vaunt of
"Great Place to Work" do have consumer complaints of unethical
behavior. Honesty is how you portray yourself to the world integrity
is how you are to your inner self. One has to practice integrity ,
which is highly difficult as even the best of ethical figures tend to
be influenced by unethical practices around.
Rgrds,
Dr. Subrata
09836107275
On 8/23/14, Ramesh Vemuganti <vemugantiramesh@gmail.com> wrote:
> In India, it is very difficult to do ethical business & grow, for any
> enterprise -
> The so called practices of many business groups & enterprises is legendary;
> we have been reading & observing for over 5 decades.
> The quantum of lobbying & influencing that happens to garner licenses,
> renewals, approvals,
> specking , tenders with specific specs, grabbing govt contracts, arranging
> payments - is mind boggling.
> Without resorting to bribes, gifts, cuts, favours, favouritisms, give &
> take - hardly any deal is struck, from MSME to a Corporate company. It is
> difficult to distinguish but neverthless, blatant fraudulent practices are
> unpardonable; they are different.
>
> A Technology major , known for their value systems & ethical business
> practices has a typical approach - where bribing is involved, the order
> will be routed thru a DEALER/ CHANNEL PARTNER/ DISTRIBUTOR. If the order is
> clean, company will execute directly.
>
> When 20 or 200 or 2000 employees have to be paid salaries on 1st of every
> month. ethics will go out of the window. Self restraint will work out for
> some time but not all the time.
> In some Management & Engg colleges, Management asks faculty to award marks
> liberally &
> give 90% in internals. Is it business ethics/ social ethics/ personal
> ethics/ what have you???????
>
> What ethics we are talking of when survival is the name of the game?
> Govt can only employ & provide jobs to 15 to 20% of working population.
> Private sector is to the rescue of the rest 80%. Hats off to them.
> I salute every person who starts a micro/ small enterprise, something on
> his own & employs , at least one person. Do not do fraud, Yes. He is giving
> that person a hope, a road map & a future. What can be more noble than
> that.
> He or she is rendering a greater service to the nation, than a senior
> executive of a MNC . who is only taking care of his family. Everyone does
> the latter - no great shakes!!
>
> regards
>
> Ramesh Vemuganti
>
>
>
> On Sat, Aug 23, 2014 at 4:48 PM, Sri Joydip <joydip.chakladar@gmail.com>
> wrote:
>
>> The Business of Ethics, is putting self restrain ahead of regulatory
>> restrain. It would be non economic option from the bottom line point of
>> view, if it is other way around.
>>
>> --
>> Regards,
>> Sri Joydip
>>
>> Managing Trustee & Founder,
>> Sri Joydip Ashram
>> http://www.srijoydipashram.org
>>
>> Watch "Inner Journey of Sri Joydip Ashram"
>> https://www.youtube.com/watch?v=WyWx0_djt2c
>>
>>
>>
>> *A Transformational Organisation in Leadership ,Spiritual Training & Mgt
>> Consulting. And a Non Business Participant in United Nations Global
>> Compact
>> working onGlobal Human Rights , Labour, Enviroment and Anticorruption.*
>>
>> Linkedin <http://in.linkedin.com/in/joydipchakladar> I Blog
>> <http://joydipchakladar.blogspot.com/> I Twitter
>> <http://twitter.com/Srijoydip> | Facebook
>> <http://www.facebook.com/pages/Sri-Joydip-Management-Guru/372885078366?tour=1&sk=wall#%21/pages/Sri-Joydip-Management-Guru/372885078366?sk=wall>
>> ---------------------------------------
>> Call: 9339775464, 09007295256
>>
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>> Reg Office: 1st Floor, Chatared Building. 4 N.S. Road, Kolkata-1.
>> ------------------------------------------------------
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>>
>> On Sat, Aug 23, 2014 at 12:29 PM, 'Usha Rani cherukupallis' via
>> Management
>> Teachers Consortium, Global <join_mtc@googlegroups.com> wrote:
>>
>>> Dear all since 30 years I am working on this topic. I have a list of
>>> ethical people in India. there are two words ethics and facts. facts
>>> will
>>> never change but ethics may change from time to time and person to
>>> person.
>>> Ethics is the difference between good and bad and right and wrong. In
>>> general by birth all people are good in this world. only due to
>>> situations
>>> they may change and are forced to do some unethical practices. the same
>>> exist in business.
>>> Regards
>>> Usha Rani
>>>
>>> ------------------------------
>>> *From:* "'Usha Rani cherukupallis' via Management Teachers Consortium,
>>> Global" <join_mtc@googlegroups.com>
>>> *To:* "join_mtc@googlegroups.com" <join_mtc@googlegroups.com>
>>> *Sent:* Saturday, August 23, 2014 9:44 AM
>>>
>>> *Subject:* Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics
>>>
>>> dear all
>>> presently we are in a world of perception that even if any body follow
>>> ethics and act as per Satya and Dharma people won't believe. To follow
>>> satya and drarma we have to sacrifice many opportunities and benefits in
>>> our life. But finally I can conclude with my own experience that if we
>>> do
>>> not tell lies if we follow ethics manasa, vacha, karmana if we do not
>>> develop any enmity on others we will be happy. even if others harm us we
>>> should not have any grudge on others.
>>> I came to know in a survey that in every organization
>>> approximately 20% people are ethical. Its a challenge from my side that
>>> if
>>> any organization is ready to run their business with only ethical persons
>>> I
>>> am ready to provide various training methods to find out ethical persons
>>> working in their organization. But...............
>>> under any circumstances its worth to live ethically ie "living without
>>> developing any grudge, and revenge mentality on people who harm us" is
>>> the
>>> best method for an Individual as well as organization. Be ethical so
>>> that
>>> people will trust you. trusting is the true friendship. Thank you.
>>> Usha Rani
>>> ------------------------------
>>> *From:* Ganesh Natarajan <GaneshN@zensar.com>
>>> *To:* "join_mtc@googlegroups.com" <join_mtc@googlegroups.com>
>>> *Sent:* Friday, August 22, 2014 10:51 PM
>>> *Subject:* Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics
>>>
>>> The wheels of the economy are turned by business and industry so making
>>> such sweeping generalisations would seem totally out of place
>>>
>>> Cheers
>>>
>>>
>>> Ganesh
>>> www.ganeshnatarajan.com
>>>
>>>
>>> -------- Original message --------
>>> From: "Prof. Bholanath Dutta"
>>> Date:22/08/2014 20:15 (GMT+05:30)
>>> To: join_mtc
>>> Subject: [MTC Global] [Weekend Hot Debate-II] Business and Ethics
>>>
>>>
>>> Business and Ethics are oxymoron OR Transfer-epithet OR can coexist.
>>>
>>> Share your views ....
>>>
>>> Happy Knowledge Sharing.
>>> Best Regards,
>>> Prof. Bholanath Dutta
>>> Founder , President & Convener
>>> MTC Global I www.mtcglobal.org<http://www.mtcglobal.org>
>>> www.mtcglobalaward.org<http://www.mtcglobalaward.org>
>>> www.knowledgecafe.org<http://www.knowledgecafe.org>
>>> www.theglobepost.in<http://www.theglobepost.in>
>>> Email - president@mtcglobal.org<mailto:president@mtcglobal.org>
>>> Cell +91 96323 18178
>>>
>>> --
--
Warm Regards,
Dr. Subrata Chattopadhyay
M.Sc Physics(C.U),PGDCA,MBA,PhD- Management Studies
(ISM,Dhanbad),Certified Management Teacher-MTC Global
Associate Professor & Head-Corporate Relations, Future Institute Of
Engineering and Management,Team Future, www.teamfuture.in
Mob: 09836107275/09830632572
Dir:033-24348230
Fax:033-24345641
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