Business Ethics & Corporate Governance

Course Objective

To help students understand the nature of Business Ethics and issues in Corporate Governance and application of these very important aspects to the contemporary Indian scene

TEXT BOOK AUTHOR / PUBLICATION

Business Ethics & Corporate Governance A.C. Fernando, Pearson Education2nd edition

REFERENCE BOOKS AUTHOR / PUBLICATION

1.Business Ethics: Concepts and Cases

2. Corporate Governance

1.Manuel G. Velasquez, Pearson Education, 7th edition2.Erik Banks, Macmillan, 2004

Session Plan

Session

No.

Topic Concepts

Covered

Case title along

with ref no.

Reading material

1 Introduction to

Business Ethics

Introduction

2 Introduction to

Business Ethics

Ethical frameworks

1.Ethical Frameworks forManagement(HBS: 9 384 105)

Chapter 2. Ethical Principles in Business

In Business Ethics: Concepts and Cases

by M. G. Velasquez

3 Introduction to

Business Ethics

Ethical frameworks

Same as above Same as above

4 Typical problems in

Business Ethics

Marketing ethics

2. On Weldon’s watch: recalls at Johnson & Johnson(HBS: 9 311 029)

Chapter 4. Ethics in Marketplace

Business Ethics: Concepts and Cases

by M.G. Velasquez

1

Program : MBA Course Code : SL GM 602

Class of : 2014 Sessions : 30

Semester : IV Credits:

3

5 Typical problems in

Business Ethics

Ethics in Operations

3. Martha McCaskey (HBS 9 403 114)

Same as above

6 Typical problems in

Business Ethics

Ethics & HR 4.Hitting the Wall: Nike & International Labour Practices

(HBS 9 700 047)

Same as above

7 Typical problems in

Business Ethics

Intellectual Property Issues

5. Hollywood in India (A) (HBS 9 711 017)

Same as above

8 Typical problems in

Business Ethics

Ethics & business

Video Clip from the documentary ‘The Corporation’

Same as above

9 Typical problems in

Business Ethics

Ethics, Business & Society

Three small videos related to Vedanta’s Niyamgiri project

Same as above

10 Corporate Social

Responsibility

CSR 6.State Grid: Corporate Social Responsibility (HBS 9 410 141)

11 Corporate Social

Responsibility

CSR Ratings Karmayog’s Rating of CSR activities of Indian firms

Study of website www.karmayog.com

and ISO 26000 (from ISO website)

12 Complexity of

Ethical issues

Role of business in society

7.Royal Dutch Shell in Nigeria (A)

(HBS 9 399 126)

Ethical Dilemma: Managerial View

In MBA Review Jan 2007

13 Complexity of

Ethical issues

Individual vs. client and Organisation conflicts

8. Exit Strategy (HBS N9 311 075)

Same as above

14 Complexity of

Ethical issues

Ethical dilemma

Clipping from the Hindi movie ‘Corporate’

Same as above

15 Ethical Ethics & 9. Hewlett Role of Ethics in Leadership: Leading by

2

leadership leaders Packard company

: CEO succession in 2010

(HBS 9 411 056)

Setting Examples

in Effective Executive July 2005

16 CG: History of Corporate form & models

Rationale for Corporate Governance

10.Mergers & Acquisitions: legal context: basic framework for Corporate Governance (HBS 9 803 200)

Agency Theory and Managerial Rewards:

Effective Executive March 2003

17 CG: History of Corporate form & models

Basic models 11. Note on Corporate Governance Systems: US, Japan & Germany(HBS 9 292 012)

Same as above

18 Corporate Governance: History of Corp. form & models

CG in practice 12.Action Aid International

(HBS 9 311 004)

Same as above

19 Nature & Evolution of Corporate Governance

CG, restructuring and responsibilities to stakeholders

13. Marriott Corporation (A) (HBS 9 394 085)

Chapter 1: Governance Redefined in the

book titled Corporate Governance

by Erik Banks

20 Nature & Evolution of Corporate Governance

Improving board performance

14.Measuring & improving performance of corporate boards using Balanced Scorecard(HBS B 0303 D)

Same as above

21 Nature & Evolution of Corporate Governance

The road ahead

15.The future of Corporate Governance

(HBS BEP 029)

Same as above

22 Internal CG mechanisms

Managerial responsibility

16. A letter from prison

3

(HBS 9 110 045)

23 Internal CG mechanisms

Processes & changes to prevent frauds

17.Accounting fraud at Worldcom (HBS 9 104 071)

24 Internal CG mechanisms

Internal decision making & oversight

18. Wisconsin Central Ltd. Railroad & Berkshire Partners (A)(HBS 9 190 062)

25 External CG mechanisms

Role of investors and the media

19.UAL Corporation(HBS 9 295 130)

Chapter 3: External Governance Mechanisms in the book titled Corporate Governance by Erik Banks

26 External CG mechanisms

Steps taken institutionally to improve CG

20.Corporate reforms in the USA(HBS 9 304 091)

Same as above

27 External CG mechanisms

Challenges in

standardising

across

countries

21. International Accounting Standards Board (IASB) at a crossroads (HSB 9 111 084)

Same as above

28 CG Ratings Corporate Governance Ratings: Saviour of the Stakeholders?ICFAI Reader July 2004

29 CG in India An example of a proactive Indian company

22. Special Economic Zones in India: Public Purpose &

Same as above

4

Private Property (A)

(HBS 9 709 027)

30 CG in India CG in practice in India

23. Aadhaar: India’s ‘Unique Identification’ System

(HBS 9 712 412)

EVALUATION

# Component Weightage

1 Class Participation 30% - 3 instalments of 10% each

2 End Term Exam 40%

3 Group presentation 20%

4 Individual assignment 10%

Total 100%

5