Business Ethics And Corporate Governance (Theory)

Paper Code: 
24MTM226
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
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: 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24MTM226

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

Continuous Assessment Test, Semester end examinations, Quiz, Assignments, Presentation

 

12.00
Unit I: 

Introduction to Business Ethics and Values:           

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: 

Ethical Decision Making in Business and Ethical Dilemmas

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: 

Ethical Issues In The Functional Area,Environmental Ethics, Corruption And

Gender Issues:

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: 

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: 

Strengthening Corporate Governance and Corporate Social Responsibility (CSR):

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

 

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: