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INTRODUCTION TO ETHICS

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The concept of ethics, ‘ethics’ and related connotations, business values and ethics, concept of business ethics, various approaches to business ethics, ethical theories, the concept of corporate ethics, benefits of adopting ethics in business, code of ethics

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ETHICS & CORPORATE SOCIAL RESPONSIBILITY
Second Year BBA (Semester 4)

SYLLABUS (With Effect from AY2020-21)

Unit-1Business Ethics (15%)

The concept of ethics, ‘ethics’ and related connotations, business values and ethics, concept of business
ethics, various approaches to business ethics, ethical theories, the concept of corporate ethics, benefits of
adopting ethics in business, code of ethics.

Unit-2 Management of Ethics (30%)

Ethics analysis [Hosmer model], Ethical dilemma, Ethics in practice, ethics for managers, Role and function of
ethical managers, the organizational size, profitability and ethics, Cost of ethics in Corporate ethics
evaluation. Business and ecological / environmental issues in the Indian context and case studies

Unit-3 Theory of Ethics and environmental ethics (15%)

Introduction, theory of egoism and subjectivism, Cultural relativism, approaches to environmental issues,
opposition to green environment, ROI of sustainable environmental responsibility

Unit-4 Corporate Social Responsibility (CSR): (30%)

Meaning, corporate philanthropy, CSR-an overlapping concept, corporate sustainability reporting, CSR
through triple bottom line, CSR and business ethics, CSR and corporate governance, environmental aspect of
CSR, CSR models, drivers of CSR, global reporting initiatives, major codes on CSR initiatives in India Page 50 of
102

Unit-5 Corporate Social Responsibility and Governance (10%)

Strategies for CSR - Challenges and implementation, Evolution of corporate governance, Governance
practices and regulation, Structure and development of boards, Role of capital market and government,
Governance ratings

Suggested Reading:

1. Mallin, Christine A., Corporate Governance (Indian Edition), Oxford University Press, New Delhi.
2. O. C. Ferrell, John Fraedrich, and Ferrell: Business Ethics 2009 Update: Ethical Decision Making and
Case, Cengage Learning, 2009.
3. Corporate Social Responsibility: An Ethical Approach - Mark S. Schwartz
4. Blowfield, Michael, and Alan Murray, Corporate Responsibility, Oxford University Press.
5. Francesco Perrini, Stefano, and Antonio Tencati, Developing Corporate Social Responsibility-A
European Perspective, Edward Elgar
1
Page

, Unit-1

INTRODUCTION TO BUSINESS ETHICS



Topics to be studied
1. The concept of ethics
2. ‘Ethics’ and related connotations
3. Business ethics / Corporate ethics and values
4. Various approaches to business ethics
5. Ethical theories
6. Imporance / Benefits of adopting ethics in business
7. Code of ethics

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CONCEPT OF ETHICS

Ethics is the branch of philosophy that studies the values and behaviour of a person. Ethics studies
concepts like good and evil, and right & wrong.
Meaning
 The word ethics is derived from the Greek word ethikos meaning custom or character.
 The Oxford Dictionary states ethics as "the moral principle that governs a person's behaviour
or how an activity is conducted".
 Ethics is a set of principles or standards of human conduct that govern the behaviour of
individuals or organizations. Based on these standards, people try to know what is right and
wrong.
 Ethics is a conception of right and wrong behaviour, defining for us when our actions are
moral and when they are immoral
 Ethics is the discipline that examines ones moral standards or the moral standards of a
society.
 It is that branch of philosophy which is concerned with human character and conduct.

Definitions:

1. According to R.Wayne Mondy, ”Ethics is the discipline dealing with what is good and bad ,or
right and wrong ,or with moral duty and obligation”
2. “Ethics can be defined as the discipline dealing with moral duties and obligation, and
explaining what is good or not good for others and for us.”
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