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Himachal Fertilizers Corporation (A) : An Ethical Conundrum

This document discusses an ethical dilemma faced by Mr. Neil, the chair of the ethics committee for a corporation. Mr. Paul from IPL called Mr. Neil and requested an informal meeting to discuss the bidding process for a role, implying he wanted inside information. Mr. Neil's options were to meet with Mr. Paul, report it to the board of directors, or ignore the request. The best option would have been to not meet Mr. Paul personally and instead consult other directors, as meeting could violate the code of conduct and bias the bidding process. There were several negative implications if Mr. Neil made the wrong decision.

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krishna sharma
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741 views7 pages

Himachal Fertilizers Corporation (A) : An Ethical Conundrum

This document discusses an ethical dilemma faced by Mr. Neil, the chair of the ethics committee for a corporation. Mr. Paul from IPL called Mr. Neil and requested an informal meeting to discuss the bidding process for a role, implying he wanted inside information. Mr. Neil's options were to meet with Mr. Paul, report it to the board of directors, or ignore the request. The best option would have been to not meet Mr. Paul personally and instead consult other directors, as meeting could violate the code of conduct and bias the bidding process. There were several negative implications if Mr. Neil made the wrong decision.

Uploaded by

krishna sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Presented by:

Himachal Fertilizers •
•
Krishna Sharma 19F222
Utkarsh Maheshwari 19F262

Corporation(A) : An Ethical •
•
Joe Thampi 19F221
Leena Thomas 19F223

Conundrum • Mangesh Kulkarni 19F224


To get into the informal meeting
with Mr Paul of IPL.

Options Mr To report this matter to board of


Neil had in directors and have cancelled the
front of him request of informal meeting.

To ignore the claims Mr Paul has


made on telephone and just sit and
do nothing.
The best option he could
have chosen
No, he shouldn’t have gone to meet Mr Paul personally taking into
account the following considerations:

Violation of code of conduct(B) :


Violation of code of conduct(C) : the code of conduct mentions to
The code of conduct mentions to act fairly and transparently and not
not engaged in any business, participate in any subject matter in
relationship or activity with anyone which a conflict of interest is likely
who is a party to a transaction with to exist such that an independent
the company. judgement of the companies best
interest cannot be exercised.
Continuation…….

Mr Neil quotes “the mention of the role as


the chair of the ethics committee
strengthened his urge to do the right thing,
and before he realised he agreed to meet The matter at hand was not an urgent one as
Paul” : the above argument clearly shows Mr Neil had five days to go to the root of the
that Mr Neil has taken an impulsive decision matter from his side independently and then
without any analysis of the current scenario. take a informed decision.
Also, he was having the choice of consulting
with other senior directors which he didn’t
exercise.
1. Image of the company could be affected in a negative
sense.
2. Delay in bidding process.
3. Relationship among board of directors may get
hampered.
4. The wrong contender of the bid could be chosen.
Negative 5. It could cause Mr Neil his position in the organisation.
Implications of 6. If the information about the informal meeting by the

the decision head of ethical departments leaks out that could have
serious implications on the decorum and discipline of
the organisation.
THANK YOU

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