Business Ethics and Corporate Governance

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

Course outcomes

Learning and

teaching strategies

Assessment Strategies

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

CO 157. Analyse the importance of ethics and corporate governancein the day-to-day working of organizations.

Approach                 in teaching: Interactive Lectures,                      Group Discussion, Tutorials, Case Study

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

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

Learning activities for the students: Self- learning assignments, presentations

 

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

 

 

CO 160. Support the importance of ethics and corporate governancein the day-to-day working of organizations.

 

 

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

 

 

CO 162.  Establish various corporate social responsibilities and practice in their professional life.

 

 

 

12.00
Unit I: 
Introduction to Business Ethics

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.

12.00
Unit II: 
Managerial Ethics

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: 
Ethical Issues in The Functional Area

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

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 Murthy and Ganguly Committees

12.00
Unit V: 
Strengthening Corporate Governance

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

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

Essential Readings: 

• A Study in Business Ethics, Raj,Rituparna, Himalaya Publishing House (4 August 2014)
• Corporate Governance : Principles,Polices and practices, Fernando,A.C, Pearson; 2nd edition (1 August 2011)
• Business Ethics Corporate Governance and CSR, Sharma, ANE Books (1 January 2011)

References: 

• Corporate Governance, kumar,Satheesh, Oxford University Press (22 October 2010)
• Corporate Governance :Principles,Mechanisms & Practice, Parthasarathy, Dreamtech Press (1 January 2006)
E resources

• McGrawHill Publishers, https://www.expresslibrary.mheducation.com/bookshelf
• Pearson ThinkTank Solutions, http://ebookcentral.proquest.com/lib/iisuniv-ebooks/home.action
Journals

• Indian Journal of Corporate Governance
• World Ebook Library, http://Community.WorldLibrary.In/?AffiliateKey=NDL-FL1773

Academic Year: