Ethical Analysis of Satyam Scandal Research Proposal

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Best Ethical Approaches and Alternatives

Frankly, the Satyam case is not one that requires splitting the proverbial hairs sometimes associated with more complex ethical analyses. Virtually every known ethical system other than egoism would condemn Raju's conduct (Rosenstand, 2008; Shaw & Barry, 2007). Unfortunately, the magnitude of the harm caused and the vast numbers of individuals detrimentally affected by Raju's subterfuge absolutely defies any conceivable ethical solution that relies on restitution or compensation to the victims.

In the Satyam case, Raju would not benefit from any of the ethical systems considered. Act utilitarian ethical analysis would condemn Raju's actions simply by virtue of their consequences on the countless victims of his conduct. Rights-based ethical analysis would reach the same conclusion regardless of whether the system relies on objective or conventional ethical rules.

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Justice-based ethics would condemn Raju's conduct because it violated both objective ethical principles and the formal rules governing financial industries in India.

Rawlsian ethical systems would never condone extremely high CEO salaries in general the fact that Raju's personal earnings benefited from fraudulent conduct at others' expenses would violate Rawls's veil of ignorance test as well. Finally, even Kantian ethical analysis, which is least equipped for more subtle ethical distinctions would condemn Raju's conduct on the basis of violating established formal rules of society, fundamental principles of honesty and fairness, and the exploitation of the masses as a means to personal ends......

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