Business Ethics
Business Ethics
Business Ethics
Course Objectives:
CO 4: Describe process and efficacy of corporate governance with special reference to India.
UNIT-I
Nature and Significance of Business Ethics; Ethical Dilemmas, Personal Ethics, Morality, Religion,
Etiquette, Law, Economics, Management, Professional Code; Moral and Non-moral Standards; Ethical
Relativism; Moral Development and Moral Reasoning; Ethical Decision Making Model; Globalization
and Business ethics- Eastern Values and western Business systems,
UNIT-II
Business Ethical Principles – Role and Types of Ethical Theories- Teleological, Deontological and
Virtue; Kant’s Ethics, Rights and Duties, Ethics of care; Virtue Ethics; Ethical Dimensions of Marketing,
Human Resource, Production and Financial Decisions; Environmental Protection;
UNIT-III
Corporate Social Responsibility- Nature of Corporations; Corporation as Morally Responsible Agent;
Nature and significance of Corporate Social Responsibility, Social Responsiveness and Social
Performance; Corporate Philanthropy; Corporate Citizenship; Social Responsibility Model; Free Market
Theory and Profit Maximization; Shareholders Theory, Stakeholders Theory, Social Contracts Theory;
UNIT-IV
Corporate Governance: Nature and Significance; Property Rights and Social Institution Theory, Agency
Theory; Corporate Governance Models; Corporate Governance Failure; Corporate Scam; Whistle
Blowing; Indian Corporate Governance; Role of Board of Directors, Auditors, and Shareholders;,
Corporate Ethics Programme; Social Audit; Corporate Performance-Balanced Score Card, Triple Bottom
Line.
Note: Practical work, Case Studies& other assignments will be provided by the concerned faculty in the
class.
Suggested Readings:
1. Manuel G Velasquez: Business Ethics, Pearson
2. John R Boatright: Ethics and the Conduct of Business, Pearson.
3. Willaim H Shaw: Business Ethics, Thomson.
4. Andrew Crane & Dirk Matten: Business Ethics, Oxford
5. Daniel Albuquerque: Business Ethics, Oxford
6. Thomas Clarke: International Corporate Governance, Routledge