The document discusses key topics in business ethics and social responsibility. It covers fundamental ethics principles, ethics in international business and compliance with various regulations. It emphasizes the importance of corporate governance beyond legal compliance, respecting human dignity, and conducting business with integrity and fairness. Finally, it stresses the need for organizations to balance profitability with social and environmental obligations through practices like sustainable development and maintaining ecological balance.
The document discusses key topics in business ethics and social responsibility. It covers fundamental ethics principles, ethics in international business and compliance with various regulations. It emphasizes the importance of corporate governance beyond legal compliance, respecting human dignity, and conducting business with integrity and fairness. Finally, it stresses the need for organizations to balance profitability with social and environmental obligations through practices like sustainable development and maintaining ecological balance.
The document discusses key topics in business ethics and social responsibility. It covers fundamental ethics principles, ethics in international business and compliance with various regulations. It emphasizes the importance of corporate governance beyond legal compliance, respecting human dignity, and conducting business with integrity and fairness. Finally, it stresses the need for organizations to balance profitability with social and environmental obligations through practices like sustainable development and maintaining ecological balance.
408F- BUSINESS ETHICS AND SOCIAL RESPONSIBILITY (INTERNAL PAPER)
1. Fundamental principles of ethics (2)
2. Ethics in international business (6) Normative and relative ethics, concept and choice. Legal compliances, Sarham Oxley Act (SOX) Home and host country’s regulations and compulsions of international agencies 3. Corporate governance beyond legal compliance (4) 4. Human dignity (5) Meeting stake holders, expectations, competitiveness and fair trade practices Employee wellness. International Importance of integrity, avoidance of corrupt practices 5. Importance of doing business on merit. (2) 6. Wider concept of social responsibility Balance between profit and social / moral obligations and survival. Ethics and human rights Balanced global environment Kyoto Protocol concern of global warming, judicious use of natural resources (5) 7. Maintenance of ecological balance (2) 8. Sustainable development (2) 9. Cost benefit analysis of corporate social responsibility and good corporate citizenship (2) 10. Cases- Analysis of failure of leading corporate and top auditing firms due to lapses in ethics and social responsibilities. Role of international trade and business organizations Concept of Ombudsman Books Recommended: 1. Business Ethics, Crane& Matten OUP 2. Corporate Governance2/e Mallin, OUP 3. The Management and ethics omnibus- Chakraborty, OUP 4. Its only Business, Mitra, OUP 5. Values and Ethics for Organizations, Chakraborty, OUP/OIP 6. Perspectives in Business Ethics, Hartman, Chatterjee