BBAC 2019: BUSINESS ETHICS AND GOVERNANCE
Introduction: This course in Business Ethics and Governance brings to the fore the significance of
having these two as principles of business for any firm which intends to survive in the long run
Objective: It would enable students to understand such concepts as needed in today's times to infuse
a sense of trust in the minds of consumers.
Credits: 03 Semester II L–T–P: 4–0–0
Module Content Teaching Hours
No. (Approx.)
Business Ethics: Values and ethics, benchmark of business
ethics, benefits from managing business ethics, developing a
comprehensive ethics programme.
Meaning & Features of Indian Ethos, Principles of Indian
Ethos in Management, Spiritual Managerial Values, 5 C's &
holistic View to Management.
I 22
Relationship between Ethics & Corporate Excellence,
Corporate Mission Statement, Code of Ethics, Organizational
Culture, TQM. Gandhian Philosophy of Wealth Management,
Philosophy of Trusteeship, Gandhiji’s Seven Greatest Social
Sins, Concept of knowledge management and wisdom
management.
Corporate Management and Governance: Understanding a
corporate, management vs. governance, Conceptual
framework of corporate governance: Concept, principles &
need of Corporate Governance, Benefits of good corporate
governance.
II Theories of Corporate Governance – Agency Theory, 23
Stewardship Theory, Stakeholder Theory
Corporate Social Responsibility-Social Responsibility of
business with respect to different stakeholders, Arguments
for and against social responsibility of business, Social Audit.
Reference Books/ Text Books / Cases:
✵ Ghosh, B. Ethics in Management and Indian Ethos, Noida: Vikas Publishing I louse Pvt. Ltd.
✵ Gogate, S. B. Human Values & Professional Ethics. Noida: Vikas Publishing House Pvt. Ltd.
✵ Vasishth, N., & Rajput, N. Corporate Governance Values & Ethics. New Delhi: Taxmann
Publications Pvt. Ltd.
✵ Chakraborty, S.K., Values and Ethics for Organizations: Theory and Practices, OXFORD
University Press, India
✵ Khandelwal, N.M., Indian Ethos and Values for Managers, Himalaya Publishing House Pvt. Ltd.,
New Delhi
✵ Relevant Case Studies
Intended Outcomes: After completion of the course, student will be able to:
✵ Define the significance of value inputs thereby applying values in their lives.
✵ Explain CSR and how it impacts today’s businesses
✵ Identify the contemporary issues related to the fields of ethics and values.
✵ Analyse contemporary ethical issues and benchmarking.
Mapping of CLOs with POs & PSOs
PO 1 PO 2 PO 3 PO 4 PO5 PSO1 PSO2
CLO 1 L
CLO 2 L
CLO 3 M L
CLO 4 M M L