Ethics, Governance And Corporate Responsibility

                                                                          Syllabus

                                             Course Code: 20MBA113

MODULE 1

Introduction to Ethics: Meaning & Nature of Business Ethics, Characteristics; Causes of Unethical Behaviour; Theories of Ethics; Indian Ethos and Values System- Indian Work Ethics; Law and Ethics.

Ethics Programme – Code of Ethics – Ethics Training – Ethics Committee – Ethics Officer, Ethics Audit, Transparency International - Whistle Blowing – Classification – Legal Support to Whistle-Blower – Tips to Successful Whistle Blowing.

MODULE 2

Ethics in Functional Areas of Business: Financial Management (Window Dressing, Misleading Financial Analysis, Insider Trading, Churning ) –Human Resource Management – (Discrimination– Age, Gender, Race) Sexual Harassment, Ethics at Work Place, Issues Affecting Privacy of Employees, Fairness of Employment Contracts, Occupational Safety–Marketing Management – Pricing Issues Like Price Discrimination, Price Fixing, Price Skimming, Ethics in Advertising (Surrogate, Deceptive Advertising), Distribution Issues Like Tying Arrangement, Black Market Production Management – Process Issues Like Effluents, Optimisation of Resources Like Power & Water, Product Issues Like Additive & Intrinsically Hazardous Products, Genetically Modified Products, Flawed Products– Ethics in Information Technology – Ethics in Customer and Vendor Relationship.

MODULE 3

Corporate Governance:  Definition - Need for Corporate Governance –Elements of Good Corporate Governance - Evidence of Corporate Governance from Arthashasthra -Corporate Governance Theories -agency Theory - Shareholder Theory – Stake Holder Theory -Stewardship Theory; Codes and Guidelines for Corporate Governance.

MODULE 4

Developments in Corporate Governance – in UK, US and India – Board Effectiveness - Issues and Challenges - Role and Types of Directors - Corporate Board Committees – Corporate Disclosure - Emerging Trends in Corporate Governance – Corporate Board Duties - Responsibilities and Liabilities. Legal Framework for Corporate Governance Companies Act.

MODULE 5

Corporate Social Responsibility: Definition- Evolution- Need for CSR; Theoretical Perspectives; Corporate Citizenship; Business Practices; Strategies for CSR; Challenges and Implementation.