Assignment

Definition of business ethic :

   Business ethics is the study of  business situations, activities, and decisions where issues of right and wrong are addressed. In other definition is business ethics are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses. for example, a portfolio manager must give the same consideration to the portfolios of family members and small individual investors. such practices ensure that the public is treated fairly.

    Business ethics can be defined as a critical examination, studying the behavior and institutional structure in the world trade. Specifically, it involves examining appropriate constraints in the pursuit of self-interest, or the profits of a firm when the actions of individuals or firms to influence others.
Read more : http://kalyan-city.blogspot.com/2011/09/what-are-business-ethics-meaning.htm
                  : http://www.investopedia.com/terms/b/business-ethics.asp#axzz1bcu1wUeR
                  : http://www.businessethics.ca/definitions/business-ethics.html

     Why business ethic considered to oxymoron :

   By oxymoron, we mean the bringing together of two apparently contradictory concepts like cheerful pessimist or deafening silence. An oxymoron that  the juxtaposition of contradictory words or concepts. that is what we have with the term "business ethics". the very contradiction that is inherent in this latter phrase is an indication of the challenge that individuals who work for organizations face as we all approach the resource limits of this planet.
Read more :  http://ezinearticles.com/?Business-Ethics---An-Oxymoron&id=14314

Definition corporate governance :

—          Corporate governance is the processes and structure by which business and affairs of corporate sector is directed and managed. corporate governance is "the system by which companies are directed and controlled". It involves regulatory and market mechanisms, and the roles and relationships between a company’s management, its board, its shareholders and other stakeholders, and the goals for which the corporation is governed. lately, corporate governance has been comprehensively defined as "a system of law and sound approaches by which corporations are directed and controlled focusing on the internal and external corporate structures with the intention of monitoring the actions of management and directors and thereby mitigating agency risks stemming from the devious deeds of these corporate officers
       Read more : http://en.wikipedia.org/wiki/Corporate_governance

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