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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
41
DEMOCRACY |
Thus, while the debate about whether or not a representative democracy is better than a direct democracy
could remain inconclusive in the impracticality of a direct democracy makes it a less pragmatic tool of the
democratic decision-making process. In a large and complex society, it cannot be expected that all members
would be able to participate effectively in the democratic process.
In general, a representative democracy with the necessary moral and ethical safeguards may prove
to be better in establishing and sustaining a ‘good society’. This emphasises the signif cance of ethics in
democracy.
7.4.1 IMPLICATIONS FOR THE CORPORATION
In the case of a company, there is a natural ‘separation of ownership and control’. ...
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Publisher Resources

ISBN: 9789332506497