Business Ethics and Corporate Social Responsibility
- Good knowledge of basic ethical theory (utilitarianism, deontology) as well as CSR and sustainability concepts and ability to apply it to various business dilemmas.
- Understanding of psychological and situational reasons for unethical decisions and ability to work with these factors in practice
- Ability to design and use of mechanisms of managing ethics in the market (competition, state and self-regulation) and in the company (compliance systems and sustainability management).
- To argue about vital ethical issues using sound theory and strong logic instead of emotions and conventional moral.
- To resist from making an error in a situation of ethical choice and persuading others from making it.
- To manage CSR behavior of your company using modern concepts and instruments (designing ethical codes, measurement and management systems for ethical conduct, preparing social reports)
- Introduction to Ethics• What is Ethics? • Why Managers Need to Study Ethics? • Moral Development of Manager • Structure of Ethics • Ethics and Law
- Utilitarianism• Utilitarianism: Introduction • Utilitarianism: Principles • Utilitarianism: Criticism
- Deontology• Deontology: Introduction • Deontology: Divine Command • Divine Command: Criticism • Deontology: Golden Rule • Golden Rule: Criticism • Categorical Imperative • Categorical Imperative: Criticism • John Rawls and Veil of Ignorance
- Normative Business Ethics• Ethical Issues in Business: Typology • Contracts: Price • Contracts: Quality • Contracts: Making, Terminating and Breaking • External effects: Physical • External effects: Economic • External effects: Bad Partners • Ownership: Material Product • Ownership: Intellectual Product • Ownership: Natural Resource • Ownership: Public Good
- Corporate Social Responsibility• CSR: Idea and Its Origins • CSR: Conceptual Search • Carroll’s Pyramid • Milton Friedman’ Argument • Stakeholder Theory • Separation Thesis • Corporations as Moral Agents • Sustainable Development • Corporate Philanthropy
- Evolutionary Ethics and Business Behavior• Emotions and Ethics • Evolutionary Model of Man • Behavioral Programs o Punishment o Love and Friendship o Patriotism o Altruism to Strangers o Sense of Justice, Duty and Honesty • Optimal Combination of Behavioral Programs
- Virtue Ethics as Character Development• Virtue Ethics: Ancient Greece • Virtue Ethics: Contemporary Scholars • Moral Leadership (A. Dianin-Havard)
- Why People Make Evil Choices• Milgrom Experiment • Prison Experiment • Psychopaths • Ethical Blindness o Framing o Rationalization o Routines
- Regulation of Ethics in the Market• Types of Enforcement • Direct Economic Enforcement • Indirect Economic Enforcement • Legal Enforcement • Self-Regulation by Associations • Ethical Labelling
- Managing of Ethics in the Company• Ethics and Compliance Function • Code of Ethics • Ethical Leadership • Ethical Trainings • Ethical Communications • Hotline and Whistle Blowing • Ethics Committee
- Managing of Sustainability in the Company• Corporate sustainability • How companies manage sustainability? • Strategies of corporate sustainability
- Real World Cases in Business Ethics• Marketing Ethics • Ethics in HR • Ethics in Finance • Ethics in Purchasing • Ethics of IT
- Seminar Participation (Discussions, Quizes, Cases)
- Essay Writing (team work)
- Online Test
- ExamExam is held as a written test (30-50 closed-ended questions) based on all course issues and materials.
- Interim assessment (1 module)0.3 * Essay Writing (team work) + 0.3 * Exam + 0.2 * Online Test + 0.2 * Seminar Participation (Discussions, Quizes, Cases)