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Course Detail

Course Name Business Ethics and Corporate Governance
Course Code 24BUS302
Program B. Com. (Honours/ Honours with Research) in Taxation and Finance
Semester 7
Credits 4
Campus

Syllabus

Unit 1

Introduction – Concepts of ethics – Importance, Ethics and morality, Ethics and law, Ethics and ethos, Business Ethics – Meaning, scope, and benefits, Ethical theories, Values and its relevance in Management, role of Ethics in Business and Indian Value system, Various approaches to ethics- Indian examples.

Unit 2

Ethical Corporate Behaviour- stages of ethical behaviour, Ethical leadership with examples, Ethical Decision Making, Work ethics: nature and scope, Ethical issues at the workplace, Ethics and cultural issues, Environmental Ethics, Ethical dilemma, ethical displacement.

Unit 3

Ethics in Functional Areas: Operations, Marketing, Finance, HR & Information Technology, Recent challenges in ethics, Ethics in different countries.

Unit 4

Corporate Governance – concepts, relevance and importance – emergence of corporate governance in 21st century – Corporate Governance initiatives in India and abroad. Corporate Governance failures with examples, General ethical issues and the court verdicts in the domain of business ethics, obligation to stakeholders.

Unit 5

Theories of corporate governance – models – social audit – Ethical Issues-Corruption, – whistle blowing-competition-privacy-trade secrets, corporate governance in public sector undertakings and banks, Harassment & Discrimination.

Objectives and Outcomes

Course Objective:

The primary objective is to help students understand the relevance of ethics in their personal as well as professional lives.

Course Outcomes:

The student will be able:

CO1: To understand the concepts of business ethics and values.

CO2: To gain knowledge on ethical behavior in corporates. CO3: To familiarize with the functional areas in Business Ethics. CO4: To have a basic knowledge of Corporate Governance.

CO5: To familiarize with the theories and practices followed in the corporate sector.

 

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PO4

PO5

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PO9

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PO15

CO 1

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CO 2

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CO 3

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CO 4

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CO 5

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Text Books / References

Textbook:

  1. Manisha Paliwal – Business Ethics – New Age International

References:

  1. Joseph Petrick, John F Quinn – Management Ethics: Integrity at work – Sage Publishers
  2. Sherlekar – Ethics in Management – Himalaya

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