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Ethics: A Basic Framework: Presented by
Ethics: A Basic Framework: Presented by
Ethics: A Basic Framework: Presented by
BASIC
Vaishali Garg
FRAMEWORK
Presented by:
PGP11264
Vibhor Sethi PGP11266
Vatsal Vora PGP11265
Syeda Zoya Kulsum PGP11269
Rohit Kumar PGP11270
Garima Singh DPM08.004
Proposed action: Tax avoidance ,high carbon footprint
Main objectives: The world's biggest online retailer is generating huge revenues in the UK but paying very
little corporation tax.
Principle actor: Amazon
Positive Negative Duties to this party Rights of this Best practise Commitments to
(short and (Short and party towards this this party
long term) long term) party
Shareholders ST: Increase In LT: To make them aware To be Informed To disclose all To Earn
Profit Fall in share about the impact of the material Profits/Return on
value tax avoidance. information their investments
required to make
decisions
Consumers Wide range of Unfair and Purchasing products To be assured Paying taxes to -
products at unethical usage from a retailer that that ethical tax support their
competitive of revenue supports their public practices are public services
prices earned from services . being followed
them.
2
Key Likely consequences Ethical Standards
stakeholders
Positive Negative Duties to this Rights of this Best practise Commitments to
(short and long (Short and party party towards this this party
term) long term) party
Regulatory Would be more Impact on To ensure ethical To Enforce Tax Ensure no tax Practicing tax
Agencies stringent with goodwill and taxation rules and avoidance saving practice
their testing brand value. practices. regulations instead of
avoidance.
Employees Association with Work for extra Provide them To demand To compensate To give job
a well known unpaid hours, with basic appropriate fairly towards security
retailer brand no proper live incentives or working their work and Establish as a
wages policy decent salary environment keep their trustworthy
interests at employer
priority
3
Thank you