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BUSINESS ETHICS AND CORPORATE GOVERNANCE [1]

Paper Code: 
CBSG 213
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcome

Learning and teaching strategies

Assessment Strategies

CO 41: Develop the concept of applying ethics while conducting business in students.

CO 42: Appraise the students with dilemmas that a person faces at work and ways to resolve it and formulate skills among the students to enable them to manage diversity at workplace.

CO 43: Investigate the major ethical issue concerning business in general and in specific functional areas.

CO 44: Create a framework for effective corporate governance

CO 45: Appreciate the accountability of corporations towards its stakeholders and society and to create an integrated value framework for sustainability.

Approach in teaching: Class room Lecture (Theory/ Using Power Point Presentation) /Discussions using Leading Case laws/

 

Learning activities for the students:

Case Studies/Role Play activities/Group Discussions/ Class Presentation 

 

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

 

12.00
Unit I: 
Business Ethics
  • Concept, Nature, features, importance and need of ethics in business
  • Ethics, Morals and Values
  • Reasons for ethical problems in business
  • Ethical Concepts and Theories
  • Business Ethics and Stakeholders
  • Sources of Organization’s Code of Ethics: Societal Ethics, Professional Ethics, Individual Ethics and values

 

12.00
Unit II: 
Ethical Dilemma & Diversity Management
  • Dilemma at Work : Sources,  Ways to Resolve Dilemma
  • Whistle Blowing : Concept, Types
  • Managing Diverse Workforce: Diversity (meaning), Sources of diversity.
  • Ethical principles for managing Diversity : Distributive justice, procedural justice Advantages of effectively managing diversity Reasons for unfair treatment of Diverse employees Techniques for managing diversity effectively
  • Sexual Harassment : Meaning, Forms of Sexual Harassment, Techniques for eradication of Sexual Harassment

 

12.00
Unit III: 
Global Ethical Issues
  • Environmental Ethics
  • Different Types of Pollutions and its impact on Environment and Society
  • Ethical Issues in Functional Area:  Concept, Ethics in Marketing , Ethics in Finance, Ethics in HR and  Ethics in Information Technology

 

12.00
Unit IV: 
Corporate Governance

·        Concept, importance

·        Difference between Governance and Management

·        Purpose & features of Good Governance

·        Potential Consequence of poor CG

Gandhian theory of Trusteeship

 

Governance Risk and Financial Stability - The balancing of conflicting objectives

12.00
Unit V: 
Strengthening Corporate Governance & CSR
  • Role and composition of the board(independent, nominee, executive and non executive director, woman director, shadow director and resident director)
  • Remuneration of directors and senior executives
  •  Rights and responsibilities of shareholders
  • Ownership of independent directors
  • Corporate Social Responsibility (CSR):  Introduction to CSR, Advantages and Scope, Indian Scenario,  Corporate Governance  and CSR, Corporate governance rating

 

Essential Readings: 

·        Jones, Gareth R. and George, Jennifer M., Contemporary Management, McGraw- HillCollege

·        Manuel G Velasquez, Business ethics, concepts and cases Pearson

·        Luthans Hodgetts and Thompson: Social issues in business, Macmillan USA

·        George D, Richard T., Business Ethics. Prentice Hall of India

·        Sherlekar, S. A., Ethics in Management, Himalaya Publishing House

·        A.C. Fernando: Business Ethics Pearson Education.

·        A.C. Fernando: Corporate Governance Pearson Education.

Adrian Davies: Strategic approach to corporate governance Gower Pub 

References: 
  • Rituparna, Raj, A Study in Business Ethics, Himalaya Publishing House,
  • Hartman, Laura, Perspectives in Business Ethics,  Burr Ridge, IL: McGraw-Hill.
  • Weiss, Business Ethics, Thomson Learning

 

e-RESOURCE

 

JOURNALS

  • Journal of Business Ethics
  • Indian Journal of Corporate Governance
  • Harvard Business Review
  • Corporate Social Responsibility and Environmental Management - Wiley Online Library
  • European/American Journals - EA Journals

 

Academic Year: 
2023-2024 [5]

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Source URL: https://www.business.iisuniv.ac.in/courses/subjects/business-ethics-and-corporate-governance

Links:
[1] https://www.business.iisuniv.ac.in/courses/subjects/business-ethics-and-corporate-governance
[2] https://ethicalfocus.org/how-to-tell-the-difference-between-right-and-wrong/
[3] https://www.indeed.com/career-advice/career-development/business-ethics
[4] https://www.businessnewsdaily.com/9424-business-ethical-behavior.html
[5] https://www.business.iisuniv.ac.in/academic-year/2023-2024