MGT 227

Business Ethics and Corporate Governance

TU BBA-F · Semester 8 · BBA-F curriculum (2021 Common Core)

Requirement
elective
Credits
3
Past papers
0 papers

Syllabus

What this course covers and how the teaching time is divided.

Business Ethics and Corporate Governance Syllabus

Official TU PDF

Tribhuvan University

Faculty of Management

Office of the Dean

Bachelor of Business Administration in Finance (BBA-F)

Course Title: Business Ethics and Corporate Governance

Course Code: MGT 227

Semester: Semester 8

Nature of Course: elective

Full Marks: 100

Pass Marks: 50

Credit Hours: 3 Cr.

Curriculum: BBA-F curriculum (2021 Common Core)

Course Description

:

This course introduces contemporary and controversial ethical and corporate governance issues facing the business community. Topics include business ethics, emerging business ethics issues, ethics and financial reporting, ethical leadership and corporate governance, corruption and ethical decision mak ing and human resource issues. Upon completion of this course, students in general will learn the fundaments concept on the modern business ethics and the corporate government practices in business organizations. Topics include business ethics, emerging business ethics issues, ethics and financial reporting, ethical leadership and corporate governance, corruption and ethical decision making and human resource. Course Learning Outcomes On completion of this course the students will be able to: Define business ethics and corporate governance and realize their importance in different functional area of business; Understand the guiding principles of ethical action; Recognize ethical issues and incorporate ethical considerations in corporate decisions; Maintain ethical values in financial and accounting practices; Understand the national and global corporate governance standards; Demonstrate an understanding of the impact of ccorruption in business organizations; Engender a culture of zero tolerance against corruption; Contribute to the development of ethical corporate culture in the organization.

Course Objective

:

The course aims to develop an understanding of the underlying concepts of business ethics and corporate governance which are relevant to the contemporary business environment. It is designed to foster students’ understanding of the ethical influences on ec onomic, financial, managerial and environmental aspects of business. The course further aims to develop a students’ ability to critically analyses ethical and governance issues in business. Course Description This course introduces contemporary and controversial ethical and corporate governance issues facing the business community. Topics include business ethics, emerging business ethics issues, ethics and financial reporting, ethical leadership and corporate governance, corruption and ethical decision mak ing and human resource issues. Upon completion of this course, students in general will learn the fundaments concept on the modern business ethics and the corporate government practices in business organizations. Topics include business ethics, emerging business ethics issues, ethics and financial reporting, ethical leadership and corporate governance, corruption and ethical decision making and human resource. Course Learning Outcomes On completion of this course the students will be able to: Define business ethics and corporate governance and realize their importance in different functional area of business; Understand the guiding principles of ethical action; Recognize ethical issues and incorporate ethical considerations in corporate decisions; Maintain ethical values in financial and accounting practices; Understand the national and global corporate governance standards; Demonstrate an understanding of the impact of ccorruption in business organizations; Engender a culture of zero tolerance against corruption; Contribute to the development of ethical corporate culture in the organization.

Course Contents:

Lecture hours show the approximate classroom time allocated to each unit.

Unit 1. An Overview of Business Ethics

5 hours
  • Ethics and business ethics: concepts and nature
  • Importance of business ethics
  • The development of business ethics
  • Benefits of business ethics
  • Ethics in functional area:
  • marketing, finance, human resource and information technology
  • Ethical practices in management of Nepalese organization.

Unit 2. The Foundation of Ethical Thought

5 hours
  • The role of morals
  • The foundation of ethical theory
  • Teleological frameworks
  • Deontological frameworks
  • Seven guiding principles to support ethical actions
  • The seven deadly sins
  • The trolley problem
  • Global business standards codex.

Unit 3. Emerging Business Ethical Issues

10 hours
  • An ethical dilemma
  • Recognizing an ethical issue
  • The role of integrity, Honesty, Fairness
  • Ethical issues and dilemmas in business
  • Challenges of determining an ethical issue in business
  • Stakeholders and corporate social responsibility
  • Ethical decision -making
  • Social responsibilities of business: environmental protection, fair trade practices, safeguarding health and well-being of customers.

Unit 4. Ethics and Financial Reporting

5 hours
  • Ethics and financial reporting
  • The role of creative accounting
  • Ethical philosophies and accounting issues
  • The role of financial reporting
  • The objectives of financial reporting.

Unit 5. Ethical Leadership and Corporate Governance

8 hours
  • Corporate Governance: meaning, principles, need
  • Corporate governance code
  • Transparency and disclosure
  • Role of auditors, board of directors and shareholders
  • Global issues of governance, accounting and regulatory frame work, corporate scams
  • A contingent perspective of corporate governance
  • Corporate governance in Nepal
  • Ethical leadership
  • A manager’s ability to develop trust, commitment, and effort
  • The responsibility of managers.

Unit 6. Corruption

6 hours
  • Corruption: meaning, cause s, effects
  • Frauds and scams in banks, insurance companies, financial markets
  • Measures to overcome fraud and corruption
  • Zero tolerance of corruption
  • Ethics and IT.

Unit 7. Decision Making and Human Resource Issues

9 hours
  • Ethical decision making
  • Kohlberg’s six stages of moral development
  • The role of emotion in moral decision making
  • Rationalizing unethical behaviors
  • The role of power and influence in ethical decisions
  • Ethical climate and organizational misbehavior
  • Sexual harassment and discrimination
  • Office bullying and employee monitoring.
  • Basic Book Pandey, M. Business Ethics and Corporate Governance. Mumbai: Himalayan Publishing House

Suggested Readings:

Vallabhaneni, S. R. Corporate Management, Governance and Ethics Best Practice. New Jersey: John Wiley & Sons, Inc. Ferrell, O. C., & Fraedrich, J. Ethical Decision Making and Cases. New York: Houghton Mifflin. Steiner, G. A.& Steiner J. F. Business, Government and Society, A Managerial Perspective . New York: McGraw-Hill/Irwin. Monks, R. A. G. & Minow, N. Corporate governance. Wiley-Blackwell.