Course Title : Contemporary Issues in Business Ethics
Course Code : PHI362
Recommended Study Year : 3rd year
No. of Credits/Term : 3
Mode of Tuition : Lecture and tutorial
Class Contact Hours : 2 hours Lecture/week
1 hour Tutorial/week
Category in Major : Programme Elective
Programme
Prerequisite(s) : N/A
Co-requisite(s) : N/A
Exclusion(s) : Business Ethics
Exemption Requirement(s) : N/A
Brief Course Description : This course aims at an understanding of the
contemporary ethical issues in business, which occurs in the capitalist society. Students are expected to possess basic knowledge of ethical concepts and general rules of moral reasoning. They should also be acquainted with the main theories of ethics. On the basis of this theoretical background, students will be introduced to the discussion of the problems of business ethics. They include: employee rights and duties, quality of working life, whistle blowing, consumer safety and product liability, environment protection, truth and advertising etc.
Aims : This course aims to
1. make students aware of the responsibilities of corporations as well as the duties and rights of individuals in business activities. 2. engage students in sound moral reasoning with regard to contemporary business issues.
Learning Outcomes : Students will be able to tackle business issues
from a moral point of view and make moral judgments which are based on sound arguments. They are expected to be aware of their right as stakeholders of government or corporate policy in the business realm. They should also be aware of their own responsibilities, no matter they are employees or employers.
Indicative Content : 1. Ethics and business
a. Ethics b. Myth of amoral business c. The relation of business and morality d. Business ethics 2. Morality and moral reasoning a. The nature of morality b. Properties of moral language c. The is-ought distinction d. Universality of a moral judgement e. Moral conflicts and their resolution 3. Morality and corporations a. The moral status of corporations b. The moral responsibility of corporations 4. Employer-employee relationships a. The obligations of employers i. Justice in hiring, firing and promotions ii. Wages and working conditions b. The rights and duties of employees i. Rights to work and autonomy ii. Company lives and privacy iii. Whistle blowing and the duty of loyalty iv. Secrecy and the right to intellectual property 5. Contemporary business issues a. Environmental protection and sustainable development b. Consumer safety and product liability c. Marketing, truth and advertising d. Affirmative action 6. Corporate culture a. Aristotelian approach to business ethics b. Code of conduct in the corporation. Teaching Method : Lectures and tutorials
Measurement of Learning : By group presentation, written essays and written
Outcomes examination.
Assessment : 60% Continuous Assessment
40% Final Examination
Required Readings : Hoffman, W.M. and R. E. Frederick. Business
Ethics: Readings and Cases in Corporate Morality. 3rd ed. New York: McGraw-Hill, 1995. Velasquez, M.G. Business Ethics: Concepts and Cases. 4th ed. Upper Saddle River, N.J.: Prentice-Hall, 1998.
Supplementary Readings : Beauchamp, T.L. Case Studies in Business,
Society and Ethics. 3rd ed. Englewood Cliffs, N.J.: Prentice-Hall, 1993. Beauchamp, T.L. and N.E. Bowie eds. Ethical Theory and Business. 4th ed. Englewood Cliffs, N.J.: Prentice-Hall, 1998. Becker, L.C. The Finality of Moral Judgement: A Reply to Mrs. Foot. The Philosophical Review, 82: 364-370, 1973. Behrman, J.N. Essays on Ethics in Business and the Professions. Englewood Cliffs, N.J.: Prentice-Hall, 1988. De George, R.T. Business Ethics. 3rd ed. New York: Macmillan, 1990. DesJardins, J.R. and McCall, J.J. Contemporary Issues in Business Ethics. 3rd ed. Belmont, C.A.: Wadsworth, 1996. Donaldson, T. and A. Gini eds. Case Studies in Business Ethics. Englewood Cliffs, N.J.: Prentice-Hall, 1993. Donaldson, T. and P.H. Werhane eds. Ethical Issues in Business: A Philosophical Approach. 5th ed. Upper Saddle River, N.J.: Prentice-Hall, 1996. Frederick, W.C. Values, Nature and Culture in American Corporation. New York: Oxford University Press, 1995. Frederick, W.C., J. E. Post and K. Davis. Business and Society: Corporate Strategy, Public Policy, Ethics. 7th ed. New York: McGraw-Hill, 1992. Garrett, T.M. and R.J. Klonoski. Business nd Ethics. 2 ed. Englewood Cliffs, N.J.: Prentice-Hall, 1986. Madsen, P. and J. M. Shafritz eds. Essentials of Business Ethics. New York: Meridian, 1990. Shaw, W.H. and V. Barry. Moral Issues in Business. 5th ed. Belmont, C.A.: Wadsworth, 1992. 1999 1995
1990[Kuang, mei-tsz. Market Enviromentalism: lessons for Hong Kong. Hong Kong: Chinese University Press], 1990.