JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

Course Objectives:

• To enable understanding of the basic concepts of Business Ethics and Corporate Governance in Indian and Global Context.
• To elaborate on various aspects in Professional Ethics.
• To explain Corporate Governance practices followed in Indian corporate. +
• To enlighten students the significance of Company Board and Governance Ratings.
• To explain different aspects of CSR and Business Council for Sustainable Development (BCSD) India.

Course Outcomes

Students will be able to

• Understand the Need for Business Ethics and Corporate Governance in India.
• Apply Knowledge of Established Methodologies of Solving Professional Ethical Issues.
• Learn Codes and Committees in Corporate Governance.
• Understand the Role of Board in Corporate Governance.
• Assess the Stakeholder perspective of Corporate Governance.

UNIT - I: Business Ethics in the Changing Environment

Business Ethics, Levels of Business Ethics,

Myths about Business Ethics, Stages of Moral Development Kohlberg’s Study, Carol Gilligan’s Theory, Principles of Ethics.

UNIT - II: Professional Ethics

Introduction to Professional Ethics, Ethics in Production and Product

Management, Ethics of Marketing Professionals, Ethics in HRM, Ethics of Finance and Accounting Professionals, Ethics of Advertisement, Ethics of Media Reporting, Ethics of Healthcare Services. Ethical Dilemma, Mounting Scandals, Ethical Issues, Preparatory Ethics: Proactive Steps, Cyber Ethics.

UNIT - III: Corporate Governance

Introduction to Corporate Governance, Major Corporate

Governance Failures, Need for Corporate Governance, Corporate Governance in India, Theories of Corporate Governance: Agency Theory, Stewardship Theory and Stakeholder Theory, Problems of Governance in Companies, Role of Capital Markets, Regulator, Government in Corporate Governance.

UNIT - IV: Corporate Governance Codes and Committees

Global Reporting Initiative, OECD

Principles, Cadbury Committee Report, Kumara Mangalam Birla Committee Report, Naresh Chandra Committee Report, Narayana Murthy Committee Report, SEBI Clause 49 Guidelines, Corporate Governance Committees.

UNIT - IV: Role of Board

Types of Directors Functions of the Board, Structure of the Board, Role of

the Board in Subcommittees, Audit, Compensation Committee, Role, Duties and Responsibilities of Directors, Conflicts of Interest, Remedial Actions. Governance Ratings, Merits and Demerits of Governance Ratings.

UNIT - V: Corporate Social Responsibility (CSR)

Models for Implementation of CSR, Scope of CSR,

Steps to attain CSR, Business Council for Sustainable Development (BCSD) India, Ethics and Social Responsibility of Business, Social Responsibility and Indian Corporations, CSR as a Business Strategy for Sustainable Development, CSR Committee, Recent Amendments in Companies Act (Sec: 135)

Suggested Readings:

• Jyotsna G B, R C Joshi: Business Ethics and Corporate Governance, TMH, 1e, 2019.
• C.S.V. Murthy, Business Ethics, Himalaya Publishing House, 1e, 2019.
• C.S.V. Murthy, Business Ethics, Himalaya Publishing House, 1e, 2019.
• A. C. Fernando, Business Ethics and Corporate Governance, Pearson, 2e, 2018.
• Martin J. Ossewaarde, Introduction to Sustainable Development, sage,1e,2018.
• Christine A. Mallin, Corporate Governance, Oxford University Press, South Asia Edition, 4e, 2016.
• T.N. Sateesh Kumar, Corporate Governance, Oxford University Press, 2015.
• Bob Tricker, Corporate Governance Principles, Policies and Practices, Oxford University Press, 2015.  9 MBA SEMESTER - I