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BUSINESS ETHICS AND CORPORATE GOVERNANCE
This paper aims to understand ethical issues in business and the role of Corporate Governance practices maintaining transparency in business transactions. To highlight the importance of commitment to values and ethical conduct of business.
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24MBAS226 |
Business Ethics and Corporate Governance (Theory) |
CO86: Analyze and evaluate the importance of ethics and corporate governance in the day-to- day working of organizations · CO87: Develop and evaluate a framework for effective corporate governance by understanding the role and responsibility of different stakeholders. CO88: Examine and distinguish the scope of business ethics in Compliance, finance, Human resources, marketing, production. CO89: Examine the importance of ethics and corporate governance in the day-to-day working of organizations. CO90: Analyze and evaluate the issues involved in maintaining ethics/ corporate governance CO91: Contribute effectively in course- specific interaction |
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 |
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.
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.
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.
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.
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.
· 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.
· 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:
· Ethics and Corporate Governance in Banks, https://drive.google.com/file/d/1LhQlf9- pRVXxGEHCntejbqsYsAqrD6ho/view, School of Management Studies, IGNOU, New Delhi, 2011
Journals:
· Indian Journal of Corporate Governance
