Business Ethics and Corporate Governance

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

Course Objective:

This paper aims to understand ethical issues in business and the role of Corporate Governance practices in maintaining transparency in business transactions. To highlight the importance of commitment to values and ethical conduct of business.

Course Outcomes (CO):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

PAPER CODE

Paper Title

MHR 421

Business Ethics & Corporate Governance

CO 150 Analyze and evaluate the importance of ethics and corporate governance in the day-to-day working of organizations ·

CO 151Develop and evaluate a framework for effective corporate governance by understanding the role and responsibility of different stakeholders.

CO 152Examine and distinguish the scope of business ethics in Compliance, finance, Human resources, marketing, production.

CO 153Examine the importance of ethics and corporate governance in the day-to-day working of organizations.

CO 154Analyze and evaluate the issues involved in maintaining ethics/ corporate governance and how to deal with such situations.

CO 155 Analyze various Indian and Global scenarios associated with business ethics and corporate governance.

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students:

Self-learning assignments, presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

10.00
Unit I: 
Unit 1

Introduction to Business Ethics:   Meaning, Nature of Ethics, Ethical Concepts and Theories, Morals and Values, Importance and need of ethics in business, Kohlberg’s six stages of moral development (CMD)

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

 

10.00
Unit II: 
Unit 2

Managerial Ethics:  Categories of management morality Ethical Problems-Dilemma at Work-Sources, Resolutions, Corporate Ethical Leadership Whistle Blowing

Ethical Decisions: Concept, Ethical Decision Making, Ethical Dilemmas in Organization, 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.

 

14.00
Unit IV: 
Unit 4

Corporate Governance: Meaning of Corporate Governance, Difference between Governance and Management, Purpose of Good Governance, Potential Consequence of poor CG, Governance risk and Financial Stability- The balancing of conflicting objectives.

Indian and Global Scenario:  Sarbanes Oxley Act of 2002, Overview of Anglo-American, Japanese, German, models of CG Reports and recommendations of Narayan M0urthy and Ganguly Committees

 

14.00
Unit V: 
Unit 5

Strengthening Corporate Governance: Role and composition of the board, 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,  CG and CSR, Corporate governance rating

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.
  • David J.Fritzsch(2004), Business Ethics; a Global and Managerial Perspective, McGraw-Hill Irwin, Singapore
  • Riya Rupani (2015), Business Ethics and Corporate Governance, Himalaya Publishing
  • Murthy C.S.V(2009), Business Ethics, Himalaya Publishing.
  • Daniel Albuquerque(2010), Business Ethics: Principles and practice, Oxford Uni. Press

 

Academic Year: 
2021-2022
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