CONTENTS INTRODUCTION PART A- ETHICAL AUDIT OF HINDUSTAN LEVER USING CARROLL’S FOUR PART MODEL OF CSR PART A - KEY ETHICAL ISSUES FOR THE ORGANISATION (2) RECOMMENDATIONS CONCLUSION PART B A CRITICAL APPRAISAL OF TRADITIONAL ETHICAL THEORIES AS FRAMEWORKS FOR ETHICAL REASONING A BRIEF EVALUATION OF CONTEMPORARY DEVELOPMENTS AN OPINION ON THE VALUE AND USE OF DESCRIPTIVE BIBLIOGRAPHY APPENDIX INTRODUCTION: Hindustan Unilever has incorporated the mission of “Add vitality to life” by meeting the everyday needs of their consumers through nutrition, hygiene and personal care brands, a mission that HUL shares with its parent company, Unilever. They claim to conduct their business with integrity and respect for the interests of their shareholders and have laid down a standard code of conduct. (http://www.unilever.co.za) PART A- ETHICAL AUDIT OF HINDUSTAN UNILEVER CORPORATE GOVERNANCE: The company is listed on the Bombay Stock exchange (BSE) as well as the National stock exchange of India Ltd and as such has dispersed equity shares to the public for trading .The ownership of the corporations is that of divided functions and interests where the shareholders have interests that are not necessarily the same as the interests of those who control the company. (Business Ethics, Andrew Crane & Dirk Matten). EXECUTIVE ACCOUNTABILITY AND CONTROL; The board of directors at HUL is an optimum mix of knowledge, experience and professionalism consisting of 4 Executive Directors, 5 Non executive directors and a Non Executive Chairman. For the avoidance of any conflicting interests between the company and the directors Unilever has ensured that the board place appropriate rules such that in any case of conflict, the board would be responsible for ensuring that it is dealt with applicable laws, regulations and corporate governance codes. EXECUTIVE RENUMERATION: CRITICAL EVALUATION OF THE...