TERM PAPER

Deteriorating Ethics and Values in Organizations: In the face of Indian Reality
- VATSAL DUSAD 2010TT10971

”Integrity has no need of rules.” --Albert Camus

Ethics and Values in the context of organizational culture have been a topic of intense research and arguments over a long period of time, and it has also been recognized as a very important aspect of organizational behavior. In this paper, I would be discussing the deteriorating ethics and values in organizations. I would begin with elaborating what ethical culture means, then taking it over to highlighting its need, pondering over the reasons -­‐ so as to why unethical culture prevails and then study about ethical leadership. I would like to conclude by, bringing it to Indian context and laying down a discussion -­‐ on how prominent and prevalent is this issue in our own land.

There has been a sudden rash of corporate scandals and the focus turned on by the media on the issue of ethics among senior leaders and corporates has made it perhaps the single most prominent and important business issue of current times and a flash point in the public’s eye. From Enron