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Business Ethics in India

S. K. Chakraborty
Journal of Business Ethics
Vol. 16, No. 14, Region: and Country-Related Reports on Business Ethics (Oct., 1997), pp. 1529-1538
Published by: Springer
Stable URL: http://www.jstor.org/stable/25073020
Page Count: 10
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Business Ethics in India
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Abstract

Unethical business in India became a recognized phenomenon during the second World War. Academic/journalistic/legal concern with ethics has become visible only during the nineties. Corruption-of-the-poor and corruption-of-the-rich need to be distinguished - especially in the context of globalization. The danger of attributing unethical practices to system failure is recognized. It is also important to bring to bear on intellectual property rights the more fundamental principle of natural property rights. Consciousness ethics will be more crucial than just intellectual ethics.

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