Business Ethics and Corporate Social Responsibility

Babasaheb Bhimrao Ambedkar University · LL.B. Semester 5 · BBM-505

Unit I

Overview of CSR · i. Evolution, Need for CSR; Theoretical perspectives. · ii. Corporate citizenship; Business practices; strategies for CSR; challenges and implementation. · iii. Social responsibility of a business firm. · iv. Social responsibility of business stakeholders.

Unit II

International Frame work for CSR · i. International framework for corporate social responsibility. · ii. Millennium development goals, Sustainable development goals. · iii. CSR as a strategic business tool for sustainable development.

Unit III

Corporate Ethics · i. Business Ethics: Definition, Characteristics and Significance. · ii. Ethical Theories and Approaches; Causes of Unethical Behavior; Ethical Principles; Levels and Types of Ethical Dilemmas, Cross-Cultural Ethical Dilemmas. · iii. Values and Value Systems, Business Ethics in Indian Perspective.

Unit IV

Corporate Governance · i. Evolution of corporate governance; Governance practices and regulations. · ii. Structure and development of boards · iii. Role of capital market and government; Governance ratings. · iv. Future of Governance – Innovative practices; Good corporate governance.