Business Ethics and Corporate Governance 60 Hours

Learning Objective
1.The main objective of this subject to provide the knowledge of Business Ethics.
2. It includes Managerial Ethics.
3. It also describes Corporate Governance.
4. This subject also provides the knowledge of Strengthening Corporate Governance.
5. It also helps students to gain knowledge of Issues in Business Ethics and Corporate
Governance.
Learning Outcomes: After the completion of the course, Students will be able to
1. Explain the Kohlberg’s six stages of moral development.
2. Differentiate the Corporate Ethical Leadership.
3.Describe the Purpose of Good Governance.
4. Highlight Corporate Social Responsibility.
5. Define the Ethical Issues related to Advertisements, Finance, Investment and Technology.

UNIT I: INTRODUCTION TO BUSINESS ETHICS:

Nature of Ethics. Ethical Concepts and Theories, Morals and Values, Importance and need of
ethics in business, Distinction between values and ethics, Kohlberg’s six stages of moral
development (CMD)
UNIT II: MANAGERIAL ETHICS:
Categories of management morality, Ethical Problems-Dilemma at Work-Sources and,
Resolutions Overview of Creative Accounting-Its role in business, scandals, Corporate
Ethical Leadership, Whistle Blowing.

UNIT III: 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.
Indian and Global Scenario: Sarbanes Oxley Act of 2002, Overview of Anglo-American,
Japanese, German, models of CG Reports and recommendations of Narayan Murthy &
Ganguli Committees
UNIT IV: STRENGTHENING CORPORATE GOVERNANCE:
Key Issues in CG: 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
UNIT V: ISSUES IN BUSINESS ETHICS AND CORPORATE GOVERNANCE
Ethical Issues related to Advertisements, Finance, Investment and Technology, Problems
Relating to Stress in Corporate Management and Protection of Stakeholders, Gandhian
Approach in Management & Trusteeship, Balanced Global Environment
Books for References:
1. S.S. Iyer - Managing for Value (New Age International Publishers, 2002)
2. Laura P Hartman Abha Chatterjee - Business Ethics (Tata McGraw Hill, 2007)
3. S.K. Bhatia - Business Ethics and Managerial Values (Deep & Deep Publications Pvt.Ltd,
2000)
4. Velasquez – Business Ethics – Concepts and Cases (Prentice Hall, 6th Ed.)
5. Reed Darryl – Corporate Governance, Economic Reforms & Development (Oxford).