Business Ethics and Corporate Social Responsibility
Subject Overview
Business Ethics and CSR covers ethical theories and the firm's relationship with stakeholders, ethical dilemma resolution and ethics across functional areas (marketing, finance, HR, environment), the concept, models and drivers of CSR and corporate sustainability, and CSR under the Companies Act 2013 alongside an introduction to corporate governance. A 4-credit core theory paper.
Unit-wise Syllabus
4 units — click WhatsApp below to get the full notes for each
Unit 1: Business ethics foundations
Characteristics, principles, types and importance of business ethics, myths about business ethics, ethical values and theories, absolutism vs relativism, teleological and deontological approaches, Kohlberg's stages of moral development, code of ethics, firm's relationship with stakeholders
Unit 2: Ethical dilemmas and functional ethics
Characteristics of ethical dilemmas, ethical decision making and reasoning, dilemma resolution process, ethical considerations in marketing/accounting/finance/HR/environment
Unit 3: Corporate Social Responsibility
Concept, need, arguments for and against CSR, historical phases and perspectives of CSR, models and drivers of CSR, CSR and corporate governance, corporate sustainability and the triple bottom line, GRI guidelines, national voluntary guidelines
Unit 4: CSR practice and corporate governance
CSR within the organization, strategic planning and CSR, environmental aspects, CSR under the Companies Act 2013, CSR practices and case studies in India, introduction to corporate governance — need and models