Ethics and Governance in Decision Making

Ethics and Governance 1 Template.
Research Skills
Development

Ethics and Governance 1 Template.
Contents
INTRODUCTION.....................................................................................................................................3
BODY.....................................................................................................................................................3
Section 1................................................................................................................................................3
SECTION 2..............................................................................................................................................6
CONCLUSION.........................................................................................................................................6
REFERENCES..........................................................................................................................................7

Ethics and Governance 1 Template.
INTRODUCTION
Every company is required to follow certain ethics and norms which allow them to take
decision in moral and ethical way. There are various ethical principles which need to be followed.
Also, different ethical theories and approaches that are applied such as deontology, teleology,
etc. as well. This essay will discuss about 4 articles which will be critiqued.
BODY
Section 1
The normative likely approach of each deontology which state that actions are good and bad that
are as per set rules.
Gupta R. 2019, Ethics and ethical dilemmas–a practical approach. Vinimaya. 2019; Vol: 40
No 1, pp. 5–19.
Ethics needs to be practiced......... professional life. ( Gupta, 2019, page 6 para 2)
The paragraph is significant as it shows how decision take effect on organisation. This shows
outcomes of decision on business. Also, the paragraph is selected as it shows role of manager in
decision making.
This paragraph shows that manager need to take decisions which is in interest of business. They
need to follow ethics to safeguard individual and groups. It is analysed that paragraph reflects on
normative ethics perspective. The manager need to follow ethics. The paragraph shows normative
ethics. This means manager need to act in moral sense. It set moral standards of right and wrong.
Hence, good governance need to be maintained. The people expect good from public servant.
First, banks must ........ society. ( Gupta, 2019, page 6 para 6)
The para is important as it shows why banks should follow rules and regulations. It indicate that in
banks ethics is based on 4 pillars that is fairness, trust, behaviour and laws. The perspective of ethics
in this indicate that banks need to be truthful towards society. They follow moral rules that impact
on society. Bank must do good in favour of society. The para follows normative approach of study
as bank follow standards of what is right and wrong. They do to other what they expect stakeholder
and society to do for them. For example- if they gain confidence of society then society also trust
them.
An ethical approach should ensure that the actions are not harmful to others and not undertaken in
self-interest. ( Gupta, 2019, page 8 para 1)
This para state that ethical actions must not be harmful for others. It indicate that that action must
not be taken which can cause harm to other and benefit ourselves. It is critiqued that Kantian ethics
is applied here. There are moral principles applied at universal level. So it means that no action is to
be taken which cause harm to others. It follows non normative approach as action may impact
differently to everyone. It means impact of harm is different as it depends on self interest of person.
The aim is to sensitise employees to ethical norms and minimise the chances of unethical behaviour
occurring in the organisation. ( Gupta, 2019, page 9 para 4)