ETHICS AND GOVERNANCE

Ethics and Governance

Table of Contents

Task 1: (612 words)2

Laudable Decisions:2

Culpable Decisions:2

Non-Culpable Decisions:3

Ranking Culpable Decisions:3

Task 2: (190 Words)4

Task 3: (492 Words)5

Task 4: (950 Words)6

Declaration of intent7

Down to details8

Reporting mechanisms8

Transparency9

Restitution9

Supervision and control9

References11

BAE Systems Case Study (In Total Word Count- 2250)

Task 1: (612 words)

Laudable Decisions:

Employing one of Walton & McKersie's (1965) key systems in negotiations called attitudinal structuring, which involves open and honest communications between parties and the sharing of safety reports and progress, can give the confidence that BAE Systems will work in an ethical business environment in the future. In June 2009, OECD's assertion of criticizing the UK government for halting SFO's Al-Yamamah inquiry is ethically a laudable decision because fraudulent business practices cannot be allowed by making national security threat as excuse.

Culpable Decisions:

The defence company BAE Systems PLC, headquartered in Britain, bribed Saudi officials to get contracts worth millions of weapons. The Serious Fraud Office (SFO for its acronym in English) also "discovered false representations of the BAE to hide their corrupt dealings, which under British law would constitute conspiracy to commit fraud. The conduct of the CEO of BAES in 1997 was culpable as it colluded with Premiership candidate Tony Blair and had vested corporate interests in his success; therefore, he bucked him up in pursuit of maximization of BAES profits and corporate benefits.

In the UK, an investigation got initiated in 2004 by the Serious Fraud Office (SFO). Mutual aid was requested to Switzerland, because of some payments been paid by or on bank accounts Switzerland. The British company BAE Systems, the first European airline weapons, alleged to have paid bribes to win wine market may end up in British courts, refused to plead guilty and pay an amend. This decision of Tanzanian President in 2005 is culpable as President's government could not make proper and efficient use of federal funds by spending four times more on civilian radar.

Non-Culpable Decisions:

It has been already argued that BAE Systems adopted an unethical approach to secure contracts with foreign countries. They involved in many of the features of an unethical dissolution, including bluffing, exaggerations and concealment. BAE Systems focused on simply achieving the short-term outcome of minimizing disruption and satisfying the workers, and by this, they demonstrated a strong belief in the ends justifying the means.

In 2004 Attorney-General Lord Goldsmith's decision to discontinue, Serious Fraud Office (SFO) inquiry of BAES's alleged slush funds is a non-culpable decision because of the potential national security threat present at that time and lack of sufficient evidence of corruption available.

In February 2007 BAES, CEO Mike Turner's statement is ethically non-culpable because he is trying to protect his company's interests, and at the same time breaching the fundamental ethical principles of professional behaviour and sceptical attitude. He assumed to be aware of previous developments regarding BAES that is, the allegations and charges on BAES, because national interest cannot be sacrificed to safeguard a private company's reputation.

Ranking Culpable Decisions:

The decision to prevent corruption and unethical practices has nothing to do with science or security ...