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Unit 6 Business Ethics and CSR in Nepal

Business ethics

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24 views15 pages

Unit 6 Business Ethics and CSR in Nepal

Business ethics

Uploaded by

slamichhane841
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Unit 6

Business Ethics and CSR in Nepal


Business Ethics of Nepalese Firms

• Business ethics is the new study area and the


raising issue in the business literature and in the
business community of Nepal.
• However, most of the business managers have
some knowledge and awareness about the
business ethics and its impact on sustainable
business activities.
• Government and other agencies (FNCCI, NBI)
have made some laws and rules in this regards.
• Business code of conduct of FNCCI 2061 is the
another important effort for ethical business
practices in Nepal.
• Ethics are important not only in business but also in all
aspects of life because it is an essential part of the foundation
on which of a civilized society is build. A business or society
that lacks ethical is bound to fall sooner or later.
Ethical Standards

• Ethical standards are a set of principles established by the


executives, organization or managers to communicate its
underlying moral values.

• These standards are important part of an organization’s


culture.

• These principles serve as guidelines for decision-making


processes to help employees align their personal criteria
with the company’s perspectives as different ethical issues
arise within normal business activities.
Ethical Issues and Dilemmas
Ethical Issues and Dilemmas in Nepalese
Business Organization

• The problem of just wage


• Sexual harassment and discrimination
• Bribery and gift giving
• Advertising and ethics
• Office romance
• Unfair competition and pricing
• Tax issues
• Working environment
• Consumer protection
Ethical Issues and Dilemmas in Nepalese
Business Organization

• Conflict of interest
• Money laundering
• Insider trading
• Privacy issue
• Child labor issue
• Misuse of organizational resources
• Environmental issues
• Corporate governance and disclosure
Business Code of Conduct of FNCCI 2061

This Code of Conduct shall be called Business Code of


Conduct of FNCCI, 2061 and shall be referred to hereinafter
as Code of Conduct.
This Code of Conduct shall come into force immediately.

Members of all associations and organizations affiliated to the FNCCI shall


1. make special efforts in abiding by the terms enunciated in the Business Code
of Conduct as follows.
2. All members shall hereby undertake to:
Refrain from engaging in business activities that goes against the interest of
3.
the State.
Pay special attention to the protection and promotion of public welfare in the
4. conduct of their business. Desist from activities that jeopardize fair conduct
and public norms and values.
Business Code of Conduct of FNCCI 2061
• Abstain from activities considered detrimental to the general health of
the people.
• Maintain smooth supply of quality goods and services in the market at
fair prices. The merchandise shall be of specified weights and standards.
There shall be no adulteration.
• Refrain from activities likely to cause artificial shortages of goods in the
market. In the event of any shortages, shall not conduct business at
unfair prices.
• Abstain from the usage of merchandise or standards prohibited by law.
• Maintaining faith in fair business competition, provide maximum benefit
to the consumers.
• Oppose monopolistic business practices and controlled supply systems
(e.g. syndicates and cartels) and not be involved in any such groups or
systems.
• Settle business disputes through mutual consultations in an amicable and
lawful manner.
• Give precedence to business transparency.
Business Code of Conduct of FNCCI 2061
• Make fair and proper utilization of credit and loans.

• Show special sensitivity towards environmental protection.


• Abide by prevalent statutes, laws and process.
• Submit documents, papers, statements of accounts as well as pay taxes,
tariffs and levies as required by law in time.
• Abstain from dealing in any goods categorized as forbidden or banned by
law.
• Refrain from providing donations or financial assistance to political parties
or their leaders with considerations of bearing in business deals or for
personal benefits.
• Fix a ceiling of the value of any gift or present to anyone as not to exceed
Rs.5,000.
• Observe the Business Code of Conduct endorsed by the FNCCI by self as
well as encourage others also to do likewise.
व्यावसाययक आचार संहिता:
(नेपाल उर्दयोग वाणणज्य मिासंघको ३८औं वावषकय साधारण सभाबाट पाररत)

१) राष्ट्रको अहित िुने गरी व्यावसाययक कायय नगने ।

व्यवसाय गर्ाय सावयजयनक हितको संरक्षण र सम्वर्दयधनमा ववशेष ध्यान हर्ने । सर्ाचार,
२)
सावयजयनक मूल्य र मान्यतालाई आंच आउने कायय नगने ।

३) आम जनताको स्वास््यको प्रयतकूल िुने कायय नगने ।

गुणस्तरीय सामान र सेवा उचचत मूल्यमा बजारमा प्रवाहित गने । तोककएको गुणस्तर, तौल
४)
पररमाणमा नै सामान उपलब्ध गराउने । ममसावट नगने ।

कृत्रिम अभावको सज
ृ ना िुने/गने कृयाकलापमा संलग्न निुने । कारणवश अभाव िुन गएको
५)
अवस्थामा अनुचचत मूल्य मलई व्यवसाय नगने ।

६) कानूनर्दवारा वर्जयत सामान, मापर्ण्डको प्रयोग नगने ।

७) व्यावसाययक स्वस्थ प्रयतस्पधायमा ववश्वास गर्ै उपभोक्तालाई अचधकतम फाइर्ा हर्ने ।

एकाचधकारको व्यवसाय र यनयन्िीत आपूयतय प्रणाली (Syndicate/Carteling) को ववरोध गने ।


८)
त्यस्तो समि
ू वा प्रणालीमा संलग्न निुने ।
व्यावसाययक वववार् भएमा आपसी छलफलर्दवारा कानून सम्मत र शार्न्तपूणय तररकाले
९)
वववार्को यनरुपण गने ।

१०) व्यवसाययक पारर्मशयतालाई बढावा हर्ने ।

११) उधारो मलएको रकम वा कजायको सहि उपयोग गने ।

१२) वातावरणीय संरक्षणमा ववशेष सम्वेर्नमशल िुने ।

१३) प्रचमलत कानन


ू वा प्रकियाको पालना गने ।

काननू बमोर्जम पेश गनुय पने कागजात, िर हिसाब तथा कर, र्स्तुर वा मिसुल समयमै
१४)
सम्बर्न्धत कायायलयमा पेश गने । बुझाउने ।

१५) कानन
ू र्दवारा यनषेधीत भनी तोककएको वस्तक
ु ो खररर् त्रबिी नगने ।

व्यापाररक कारोवारमा प्रत्यक्ष असर पने वा व्यर्क्तगत फाइर्ाको िे तुले राजनीयतक र्ल वा
१६)
तीनका नेतालाई चन्र्ा, आचथयक सियोग आहर् नहर्ने ।

१७) कसैलाई हर्इने कोसेली वा उपिारको अचधकतम मल्


ू यको मसमा रु. पांच िजार तोक्ने ।

नेपाल उर्दयोग वाणणज्य मिासंघबाट स्वीकृत व्यावसाययक आचार संहिता आफुले पयन पालना
१८)
गने र अरुलाई पयन पालना गनय प्रोत्साहित गने ।
Topics Referred to Consumer Protection Act

• Consumer protection in Nepal


• Unfair trade practices
• Formation of Consumer Protection Council
• Functions and duties of Consumer Protection
Council
• Protection and promotion of consumer rights
• Prohibition to influence demand, supply and
price
• Power to systematize and control supply of
consumer goods and services
Individual Assignment

Students are required to write and submit an essay in at least 1000 words
covering the various aspects of CSR in Nepal as part of internal
assessment. The areas to cover in the essay are:

• CSR in Nepal – Past and present


• Institutional arrangements for CSR in Nepal
• Types of CSR
• Outcomes of CSR activities
• CSR problems and prospects in Nepal
▪ Higher marks will be allocated for familiarity with subject/material and
evidence of original thinking and creativity.

▪ Marks will be allocated for quality of argument; the depth of analysis;


expansion of ideas/argument and recognition of wider context

▪ Marks will be allocated for the use of supporting evidence;


acknowledgement of sources: references, quotes and statistics.

▪ The due date to submit assignment: ……………

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