Ethical Banking in UK Research Proposal Example | Topics and Well Written Essays - 4250 words

Ethical Banking in UK - Research Proposal Example This is interesting because the financial sector as a whole is reported to be reeling from the aftereffects of the sub-prime mortgage crisis in the US, the continued depreciation of the US dollar and rising global inflation. In fact, major banks and financial institutions around the world were reported to have suffered losses reaching $435 billion in July 2008, with many banks experiencing severe liquidity problems. Is it possible that ethical banking shields its practitioners from negative external factors We aim to find out the answer to this question. Business ethics in general is the application of moral principles in the making of business decisions (Rushton, 2002)), such that it places a premium on social responsibility. This responsibility represents the positive actions or responses that a company takes to fulfill its responsibilities towards its stakeholders, to the environment and to society as a whole. In the view of some economists, however, there is one and only social responsibility of business: to use its resources and engage in activities designed to increase its profits. Thus, when firms experience resource shortages as to threaten their very existence, they attack this problem by cheating on their social responsibility. ... That way, the firms give the false impression that they comply with the rules. To address internal resource shortages, such as inadequate capacity and expertise, they overestimate costs, falsify training records, pay excessive compensation and give undeserved promotions. To address external shortages, such as lack of raw materials, they arrange unethical deals with suppliers or service providers. These activities are taboo to ethical banks. 2. Aim & Objectives2.1 Aim Examine how the operations of ethical banks in UK differ from those of their counterparts in the conventional banking sector to see if the former thrive because of ethical banking or in spite of it. 2.2 Objectives (1) Measure the performance of ethical banks in economic terms to see if it is a feasible or reasonable line of business. (2) Observe how ethical banks compete with conventional banks in terms of profitability, size of clients and quality of service. (3) Discover the reasons that made the owners of ethical banks decide to go into this line of banking. Business ethics in general is the application of moral principles in the making of business decisions (Rushton, 2002)), such that it places a premium on social responsibility. This responsibility represents the positive actions or responses that a company takes to fulfill its responsibilities towards its stakeholders, to the environment and to society as a whole. In the view of some economists, however, there is one and only social responsibility of business: to use its resources and engage in activities designed to increase its profits. Thus, when firms experience resource shortages

James Smith Research Paper Example | Topics and Well Written Essays - 1000 words

James Smith - Research Paper Example It is in this context that although Mr. Smith’s conviction was upheld or proven as a burglary in the state as well as federal courts, arguments remains unconcluded as to whether it was justified for police to arrest Mr. Smith in the absence of a proper warrant. Specific Examples in the Language of Prior Decisions The constitutional justification behind the application of a warrant is that it attempts to protect the right of any individual to be secured in their property. In the language of the constitution, â€Å"The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized† (Legal Information Institute, n.d.). Even in the prior decisions, the language of the court in judgment had been quite specific in a ddressing the significance of warrant under circumstances when officers deem it to be necessary for the obtainment of any evidences. For instance, followed by the judgments of the cases such as Florida v. Bostick (501 U. S. 429) and Brower v. County of Inyo (489 U. S. 593), the language of the decision in the case Brendlin v. ... Hence, in the language of the prior decisions, â€Å"There is no seizure without that person’s actual submission† as unambiguously mentioned in the cases of California v. Hodari D. (499 U. S. 621), Brigham City v. Stuart (No. 05-502), Georgia v. Randolph (No. 04-1067), Hudson v. Michigan (547 U.S. 586) and United States v. Grubbs (No. 04-1414) (GPO, 1992; Legal Information Institute, n.d.). Arguments used by framers of the Constitution while debating the language of the document When amending the Constitution, the framers have been arguing on the actual purpose of the provisions in respect of using a proper warrant when conducting a search or a seizure or both. For instance, arguments have been based on the restriction imposed by the law executors when felt the necessity to seize or search a person or his property as per their investigation. Certain exemptions have been allowed in the constitution where the suspect’s agreement to search his property or conduct a seizer is allowed as a lawful and righteous procedure in the absence of a proper warrant [Georgia v. Randolph, 547 U.S. 103 (2006)]. Similarly, law enforcers can act lawfully in the absence of a proper warrant where there is a ‘reasonable suspicion’ based on rational justification rather than guesses (Legal Information Institute, n.d.). Thus, as the search and seizer of Mr. Smith and his property was based on his neighbor’s guess, such as act cannot be deemed as a reasonable suspicion. Nor did Mr. Smith give his agreement to the search and seizer owing to which the Constitution might depict sympathy towards the defendant (i.e. Mr. Smith). Philosophical underpinning that might influence the court’s ruling The US Constitution in its Fourth Amendment also holds particular philosophical