Title:
ETHICS IN POLITICS-ADMINISTRATION AND BUSINESS

Authors:
Prof. K Chandra Shekhar ,India

Abstract:
In the public administration the civil servants are exercising their power of decision everyday in many ways. They delivered a wide range of services for the benefit of the people. They must possess higher ethical standard. They are accountable for any departure from the established ethical practice. Hence in Public Sector, Ethics must be understood an activity but not as a statute. Thus they have following obligations: A. Obligations before the Constitution. B. Obligations before the Law. C. Obligations before the Nation and Country. D. Obligations before the Democracy. E. Obligations before Bureaucratic Organizations. F. Obligations before Family and Friends. Similarly there is ethics in corporate governance. The following are the ingredients: a) Equitable treatment of share holders. b) Interest of other state holders. c) Role and responsibilities of the board. d) Integrity and ethical behavior. e) Disclosure and transparency.