Questions on Ethics and Governance
1. Define ethics and explain its evolution over time. Discuss the different
types of ethics with suitable examples.
2. Explain the importance of ethics in society and business. Discuss its
objectives, scope, and different types of ethics with relevant examples.
3. What do you understand by business ethics? Explain its objectives,
purpose, and scope with respect to society and stakeholders.
4. Discuss the role of the government in ensuring business ethics in India.
Explain with examples of policies and regulatory bodies that promote
ethical business practices.
5. What are the key principles of business ethics? Explain their
significance in corporate decision-making with examples
6. Explain the 3 Cs of Business Ethics – Compliance, Contribution, and
Consequences. How do they impact ethical decision-making in
businesses?
7. Identify and explain some common myths about business ethics. How do
these misconceptions impact ethical business behavior?
8. Discuss the concept of ethical performance in Indian businesses,
particularly in the IT sector. Support your answer with examples of
ethical or unethical practices from leading IT companies in India.
9. Discuss the ethical issues associated with the 4Ps of Marketing
(Product, Price, Place, Promotion). Provide examples of companies that
have faced ethical challenges in these areas.
10.Identify and explain some unethical marketing practices in India.
Support your answer with real-life examples from Indian businesses.
11.What are ethical dilemmas in marketing? Discuss how businesses handle
these dilemmas, with suitable examples.
12.Explain the concept of ethics in advertising. Discuss different types of
unethical advertisements with examples.
13.Explain the scope of ethics in financial services. How does ethical
conduct impact the financial sector?
14.Discuss the ethical responsibilities of a financial manager. Explain with
examples of ethical and unethical financial decision-making.
15.What are the legal and ethical challenges in finance? Explain the role of
a whistleblower in maintaining ethical financial practices with real-life
examples.
16.Explain the concept of ethics in taxation. Differentiate between tax
evasion and tax avoidance with Indian case studies.
17.Differentiate between white-collar crime and organized crime in the
corporate sector. Give Indian examples of both.
18.Explain the impact of major corporate scams in India (such as Satyam,
Harshad Mehta, Vijay Mallya, etc.). Discuss the lessons learned from
these scams.
19.Discuss the role of SEBI in corporate governance. How does SEBI
regulate financial markets to prevent unethical practices?
20.What were the major recommendations of the Cadbury Committee
Report (1992)? How have these recommendations influenced corporate
governance practices in India?
21.Explain the importance of workplace ethics. How does ethical behavior
impact employee productivity and company reputation?
22.What guidelines should companies follow to promote workplace ethics?
Provide real-world examples of companies with strong ethical HR
policies.
23.Why is an Employee Code of Conduct essential in an organization?
Discuss its role in maintaining ethical workplace behavior.
24.Define ethical leadership. How do ethical leaders influence corporate
culture and decision-making? Provide examples of ethical business
leaders in India.
25.Define Corporate Governance and explain its historical evolution in
India. How have governance practices changed over time?
26.Discuss the need for corporate governance in businesses. How does it
help in ensuring transparency, accountability, and investor
confidence?
27.Explain the role of ethics in corporate governance. How does ethical
governance impact business performance and stakeholder trust?
28.What are the key principles of corporate governance? Discuss their
importance with reference to Indian companies.
29.Explain the benefits of good corporate governance. How does it
contribute to long-term business sustainability?
30.Identify and explain some key corporate governance issues in India.
Provide examples of companies that have faced governance challenges.
31.Explain the Agency Theory of corporate governance. How does the
conflict between principals and agents affect corporate decision-
making?
32.What is the Shareholder Theory? How does it emphasize maximizing
shareholder value in corporate governance?
33.Define the Stakeholder Theory. How does it differ from the
Shareholder Theory in corporate governance?
34.Discuss the Stewardship Theory of corporate governance. How does it
emphasize the role of corporate leaders as stewards of the company?
35.Explain the corporate governance framework in India. What are the
key regulatory bodies governing corporate practices?
36.Discuss some emerging trends in corporate governance in India. How
are businesses adapting to new governance standards?
37.Explain the different models of corporate governance (Anglo-
American Model, German Model, and Japanese Model). How do they
differ in structure and functioning?
38.What is Insider Trading? Discuss its types and impact on the stock
market with examples of insider trading cases in India.
39.Define Corporate Social Responsibility (CSR). Explain its evolution
over time with reference to global and Indian perspectives.
40.Explain the different types of social responsibility (economic, legal,
ethical, and philanthropic). Provide examples from Indian companies.
41.Discuss the four key aspects of CSR—Responsibility, Accountability,
Sustainability, and Social Contract—with suitable examples
42.Why is Corporate Social Responsibility (CSR) important for
businesses? Discuss its impact on stakeholders and the environment.
43.Explain the core principles of CSR. How do companies develop CSR
strategies to align with their business goals?
44.Identify and explain some major issues in CSR implementation.
Discuss challenges faced by companies in India.
45.What is Social Accounting? How does it help businesses measure their
social and environmental impact?
46.Discuss the Tata Group’s CSR Rating Framework. How does it
evaluate the effectiveness of corporate social responsibility initiatives?
47.What were the key findings and recommendations of the Sachar
Committee Report on CSR? Discuss its impact on corporate policies in
India.
48.Explain the recent CSR guidelines in India. How have they influenced
corporate responsibility in business practices?
49.Explain the recent CSR guidelines in India. How have they influenced
corporate responsibility in business practices?
50.How has globalization changed society’s expectations of businesses?
Explain with examples of how companies have adapted their CSR
practices.
51.What are the emerging trends and future directions of CSR? How will
businesses adapt to changing societal and environmental demands?