BUSINESS ETHICS AND CORPORATE GOVERNANCE

Paper Code: 
MRM 421
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
12.00

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

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

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

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.

 

 

12.00

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.
  • Riya Rupani (2015), Business Ethics and Corporate Governance, Himalaya Publishing
  • Murthy C.S.V(2009), Business Ethics, Himalaya Publishing.

 

Academic Year: