Business Ethics and Corporate Governance

Paper Code: 
MHR 421
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcome

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to;

 

CO 157 Analyze and evaluate the importance of ethics and corporate governance in the day-to-day working of organizations ·

CO 158 Develop and evaluate a framework for effective corporate governance by understanding the role and responsibility of different stakeholders.

CO 159 Examine and distinguish the scope of business ethics in Compliance, finance, Human resources, marketing, production.

CO 160 Examine the importance of ethics and corporate governance in the day-to-day working of organizations.

CO 161 Analyze and evaluate the issues involved in maintaining ethics/ corporate governance and how to deal with such situations.

CO 162 Analyze various Indian and Global scenarios associated with business ethics and corporate governance.

Approach in teaching:

Interactive lectures and Discussion and Power point presentation

Learning activities for the students:

Self learning assignments, effective

discussion, simulation and presentation

CA test, Semester end examination, Presentation, Quiz, and Interaction

 

12.00
Unit I: 
Unit 1

Introduction to Business Ethics:                    Meaning, Nature of Ethics, Theories of Business Ethics, Importance and need of ethics in business, Globalisation and Business Ethics.

Values – Importance, Sources of Value Systems, Types, Values across Cultures, Difference between values and ethics.

 

12.00
Unit II: 
Unit II

Ethical Decision Making in Business: Concept, Influences on Ethical Decision Making, Process of Ethical Decision Making, Kohlberg’s Model of Cognitive Moral Development.

 

Ethical Dilemmas: Sources of Ethical Problems, Resolutions, Whistle Blowing, Social Responsibility of Business.

 

12.00
Unit III: 
Unit 3

Ethical Issues In The Functional Area: Concept, Ethics in Marketing , Ethics in Finance, Ethics in HR and Ethics in Information Technology

Environmental Ethics, Corruption And Gender Issues:                                                                     Environmental Ethics, Corruption, Gender Ethics, Sexual Harassment and Discrimination.

 

12.00
Unit IV: 
Unit 4

Corporate Governance: Meaning, Need for Corporate Governance, Elements of Good Corporate Governance, Potential Consequence of poor CG, Sarbanes Oxley Act of 2002.                                                                                       

Corporate Governance in India: Evolution, Recommendations of Narayan Murthy Committees, Future Prospects.

 

12.00
Unit V: 
Unit 5

Strengthening Corporate Governance: Role and composition of the board, Selection and Appointment of Directors – Duties of the Directors – Powers of the Board

– Duties of Independent Directors for better board effectiveness, Other Good Practices to enhance board effectiveness

Corporate Social Responsibility (CSR): Introduction to CSR, Advantages and Scope, Evolution of CSR in India.

*Case studies related to entire topics are to be taught. 

Essential Readings: 
  • S K Mandal (2011), Ethics in Business and Corporate Governance, Tata McGraw Hill Publishing Co. Ltd., New Delhi.
  • A.C. Fernando(2009), Business Ethics: An Indian Perspective, Pearson Education India.
  • Riya Rupani (2015), Business Ethics and Corporate Governance, Himalaya Publishing
  • Murthy C.S.V(2009), Business Ethics, Himalaya Publishing.

 

References: 

Suggested Readings:

  • David J.Fritzsch(2004), Business Ethics; a Global and Managerial Perspective, McGraw-Hill Irwin, Singapore
  • Daniel Albuquerque(2010), Business Ethics: Principles and practice, Oxford Uni. Press

 

 

E Resources:

 

 

Journals:

  • Indian Journal of Corporate Governance

 

Academic Year: 
2022-2023
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