Ethics and Corporate Social Responsibility

Paper Code: 
GBBA 102A
Credits: 
4
Unit I: 
Business Ethics

Business Ethics: Meaning of ethics, why ethical problems occur in business. Ethical principles in business: Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, Integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics

Unit II: 
Corporate Social Responsibility

Corporate Social Responsibility: Meaning, 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 Approach and Concept of Sustainability

 

Unit III: 
Corporate Governance

Corporate Governance: Concept, Need to improve corporate governance standards, Features of good governance, Role played by regulators to improve corporate governance, Accounting standards and corporate governance, Corporate disclosure, Insider trading.

Unit IV: 
The Board

The Board : Quality, Composition and role of Board, Outside Directors on the board (independent, nominee), Executive and Non-Executive directors, SEBI clause 49, Directors and financial institutions in enhancing corporate governance, Critical issues in governance of board directors, CEO Duality.

Unit V: 
Role of auditors in enhancing corporate governance,Whistle blowing

Role of auditors in enhancing corporate governance: duties and responsibilities of auditors, Corporate governance and internal auditors

Whistle blowing: Kinds of whistle blowing, precluding the need for whistle blowing.

Essential Readings: 

Manuel G Velasquez : Business ethics- concepts and cases Pearson.

2.      LuthansHodgetts and Thompson: Social issues in business, Macmillan USA

3.      A.C. Fernando: Business Ethics Pearson Education.

4.      A.C. Fernando: Corporate Governance Pearson Education.

5.      Adrian Davies: Strategic approach to corporate governance Gower Pub Co.

6.      N. Gopalswamy: Corporate governance a new paradigm A H Wheeler Publishing Co Ltd.

7.      Marianne M Jennings: Cases in Business Ethics Indian South-Western College Publishing

8.      Kevin Gibson: Ethics and Business, An Introduction, Cambridge Applied Ethics Cambridge University Press

9.      Bhanumurthy K V: Ethics and Social Responsibility of Business, Pearson Education India.

 

Academic Year: