Business Ethics & Corporate Governance
Program : MBA
Credit : 3
Course Code : SL GM 602
Objective
The objective of the course is to help the students understand the nature of business ethics and issues
in corporate governance and its application to the Indian corporate scene.
REFERENCE BOOKS
Business Ethics & Corporate Governance
Business Ethics & Corporate Governance
Business Ethics: Concepts and Cases
Corporate Governance
Corporate Governance
Cases on Business Ethics
Corporate Governance
Detailed Syllabus
Business Ethics: Introduction to Business
Ethics, Ethics, Morals & Values, Concepts of
Utilitarianism and Universalism – Theory of
rights, theory of Justice – Virtue ethics – ethics
of care – Law and Ethics - The Nature of Ethics
in Management- Business Standards and Values
- Value Orientation of the Firm.
Typical Problems in Business Ethics:
Environmental Pollution & Society - Marketing
Ethics (in Products, Pricing, Promotion and
Place) and Consumer protection – Ethics in
Human Resources management (Recruitment
and promotion policies, Working Conditions,,
Down Sizing Workforce),
Ethical issues at the top management, Ethics in
financial markets and investor protection –
Ethical responsibility towards competitors and
business partners.
Corporate Social Responsibility: A Historical
Perspective from Industrial Revolution to Social
Activism – Current CSR practices of the firms
in India and abroad.
Complexity of Ethical Issues: Conflicts in
decision making from ethical and economic
Detailed Syllabus – The Class of 2011
Class of : 2011
Sessions : 33
Fourth Semester
AUTHOR / PUBLICATION
An Indian Perspective – A. C. Fernando –
Pearson Education
IUP
Velasquez, M. G. Prentice Hall of India - 2005
Monks, R. / Minow, N. Blackwell - 2008
Banks, Eric. John Wiley
Business World
Fernando, A C. Pearson Education - 2006
point of view- Ethical Dilemma - Solving
ethical dilemma Managerial integrity and
decision making.
Ethical Leadership: Personal Integrity and self
development – wisdom based leadership.
Corporate Governance:. History of Corporate
form and models - Corporate Objectives and
goals, Ownership pattern – Issues in managing
public limited firms – Agency problems.
Nature & Evolution of Corporate
Governance: Global and National Perspectives
– Global Corporate Governance models - Anglo
American and Relationship model (Germany,
Japan and France)- Claims of Various
Stakeholders - Why governance – Changes in
eighties - Cadbury Report, Hampel Report and
OECD Committee Recommendations – SOX
Act.
Internal Corporate Governance Mechanism:
Board of Directors— Functional Committees of
Board; Code of conduct, whistle blowers.
External Corporate Governance Mechanism:
Regulators, Gate keepers, Institutional
Investors, Corporate raiders
Fourth Semester 1
Corporate Governance Ratings Suggested Schedule of Sessions

Corporate Governance in India: corporate No. of

Topic
form in India 50s to 90s – developments in Sessions
Corporate Governance in India in nineties and Introduction to Business Ethics 4
2000s – CII, Kumaramangalam,
Narayanamoorthy, Naresh Chandra, JJ Irani Typical Problems in Business Ethics 6
Committee reports – Legal and Regulatory Corporate Social Responsibility 2
Changes – introduction and modification of
Clause 49, - Corporate governance in practice in Complexity of Ethical Issues 3
India, cases
Ethical Leadership 1
Cases
History of Corporate form and 3
A Dent in Wal Mart’s public Image- The models
PR Strategy
Nature & Evolution of Corporate 3
China Aviation Oil’s Collapse: Singapore Governance
INC’s challenges,
Internal Corporate Governance 3
Child labor in Coca Industry- mechanisms
Obesity Concerns: Burger Kings Product External Corporate Governance 3
Revanges, Mechanisms
Source: Case Studies for Managers, Vol. II, Corporate Governance Ratings 1
IBSPCD
Corporate Governance in India 4
Bhopal Gas Tragedy
Total Sessions 33
Source: BECG Main Reference Book