Course Objectives: This course aims to enable students to Course Outcomes (COs): Course Course outcome (at course level) Learning and teaching strategies Assessment Strategies Paper Code- Paper Title CLO 151.Create a framework for effective corporate governance by understanding the role and responsibility of different stakeholders. CLO 152.Adapt ethical practices in the day-to-day working and governance of organizations. CLO 153.Examine the scope of business ethics in Compliance, finance, Human resources, marketing, and production. CLO 154.Analyse the issues involved in maintaining ethics/ corporate governance CLO 155.Generate solutions to deal with difficult situations in corporate governance. CLO 156.Strength the organization by considering analysing Corporate Social Responsibility Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study Learning activities for the students: Self-learning assignments, presentations Class test, Semester end examinations, Quiz, Assignments, Presentation MBB - 421 Business Ethics and Corporate Governance
Introduction to Business Ethics: Meaning, Nature of Ethics, Ethical Concepts and Theories, Morals and Values, Importance and need of ethics in business, Kohlberg’s six stages of moral development (CMD) Values – Importance, Sources of Value Systems, Types, Values across Cultures, Difference between values and ethics.
Managerial Ethics: Categories of management morality Ethical Problems-Dilemma at Work-Sources , Resolutions, Corporate Ethical Leadership Whistle Blowing
Ethical Decisions: Concept, Ethical Decision Making, Ethical Dilemmas in Organization, Social Responsibility of Business.
Ethical Issues In The Functional Area: Concept, Ethics in Marketing , Ethics in Finance, Ethics in HR and Ethics in Information Technology
Environmental Ethics, Corruption And Gender Issues: Environmental Ethics, Corruption, Gender Ethics, Sexual Harassment and Discrimination.
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 and Ganguly Committees
Strengthening Corporate Governance: 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
(Latest editions of the above books are to be referred)