Business Ethics

Concept of ethics, ethical issues and principles in business, Utilitarianism: social cost and benefits, Rights and duties, Justice and fairness, ethics of care, virtue ethics.

Concept and Evolution of corporate social responsibility, common indicators for measuring business social performance, reporting social responsibility measures in annual report. Freidman’s Traditional vs. Carroll’s Modern View of CSR, Stakeholder’s and Concept of Sustainability

Concept, Features of good governance, Role played by regulators to improve corporate governance (SEBI clause 49), Accounting standards, Corporate disclosure, Insider trading.

Composition of Board ( independent, nominee,  executive and non executive director ,woman director, shadow director and resident director ) roles and responsibilities of board in enhancing corporate governance, CEO Duality.

Duties and responsibilities of internal and external auditors in enhancing corporate governance.

Whistle blowing: Kinds of whistle blowing, need and relevance for whistle blowing.