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Syllabus

UNIT
1
Business ethics

Meaning of Ethics, Definition of Ethics and Business Ethics, Introduction to Business ethics, Need, Importance, Nature, Scope, Objectives of Business Ethics, Factors influencing Business Ethics, Characteristics of Business Ethics, Ethical aspects in Marketing, Ethical decision making.

UNIT
2
The Ethical Value System

The Ethical Value System – Universalism, Utilitarianism, Distributive Justice, Social Contracts, Individual Freedom of Choice, Professional Codes; Culture and Ethics – Ethical Values in different Cultures, Culture and Individual Ethics

UNIT
3
Law and Ethics

Law and Ethics – Relationship between Law and Ethics, Other Bodies in enforcing Ethical Business Behavior, Impact of Laws on Business Ethics; Social Responsibilities of Business –Environmental Protection, Fair Trade Practices, Fulfilling all National obligations under various Laws, Safeguarding Health and well being of Customers

UNIT
4
Corporate Governance

Corporate Governance - Origin and Development of Corporate Governance , theories underlying Corporate Governance ( Stake holders theory and Stewardship theory , agency theory , separation of ownership and control) , Corporate Governance Mechanism : Anglo – American model , German model , Japanese model , Indian model , OECD , Emphasis on corporate governance, Ethics and governance, process and corporate governance, Corporate Governance Mechanism, Anglo-American Model, German Model, Japanese Model and Indian Model. Obligation to society, Investors, employees, customers, managerial obligations. Case studies: 1. Infosys Technologies 2. Tata Steel

UNIT
5
Role players

Role players - role of auditors, board of directors and share holders; Global issues of governance, accounting and regulatory frame work, corporate scams, committees in India and abroad, SEBI Growth of Corporate Governance. Role of Government, Corporate governance in India, Corporate Social Responsibility

Reference Book:

• Andrew Crane and Dirk Matten, Managing Corporate Citizenship and Sustainabilityin the Age of Globalization, Oxford, edition-4 • Mallin,Corporate Governance, Oxford, edition-4 • R.V.Badi, N.V. Badi, Business Ethics, Vrinda Publication (P) Ltd, Edition-2, 2012 • A.C.Fernando, corporate governance, dorling Kindersley publication 2nd edition • Saroj Kumar , Business Ethics and Global Business Environment,, Bhanu Prakash Verma

Text Book:

1.Murthy, C.S.V, Business Ethics, Himalaya Publishing House Pvt. Ltd, 2012

 

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