business ethics and corporate governance (dbmethcorr)

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HOLY ANGEL UNIVERSITY

SCHOOL OF BUSINESS AND ACCOUNTANCY Graduate School of Business

COURSE OUTLINE: BUSINESS ETHICS AND CORPORATE GOVERNANCE (DBMETHCORR)

Holy Angel University VGMOs

Vision: To become a role-model catalyst for countryside development and one of the most influential, best-managed Catholic universities in the Asia-Pacific region.

Mission: To offer accessible quality education that transforms students into persons of conscience, competence, and compassion.

Core Values: Christ-Centeredness, Integrity, Excellence, Community, and Societal Responsibility

Strategic Objectives

1. Academic Quality and Organizational Excellence 2. Authentic Instrument for Countryside Development 3. Great University to Work for

4. Faithful Catholic Education Graduate School of Business VGMOs

Vision Statement

A premiere graduate business education in the Asia-Pacific Region dedicated to helping professional, entrepreneurs and public servants become competent and socially responsible leaders and to contribute to countryside development.

Mission

To provide advanced and high quality business education in the field of management, accountancy, entrepreneurship, public governance and hospitality to professionals and leaders through a wide range of relevant, educational experience.

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Goal

To provide our sincerest service to our graduate students as we are committed to the shared ideals of integrity, excellence, community service and societal responsibility.

GSB Strategic Objectives

1. To offer programs that are more relevant and responsive to the shifting needs of the real world.

2. To promote practitioner-research oriented that will allow us to participate in the furtherance of knowledge and elevate our GSB programs to higher level of excellence.

3. To forge and maintain strategic functional linkages and/or partnership with academic institutions, relevant organizations, national government agencies and local government units for knowledge transfer, sharing of resources and advocacy training for public service.

4. To act as reputable workplace preferred by faculty members who are experts in their corresponding fields and proficient in interdisciplinary and multi-disciplinary approaches in teaching.

5. To foster culture that promotes integrity, innovation, and the highest ethical standards in the Catholic context.

DBM Program Educational Objectives

1. Students will be able to produce business research using multivariate analytical tools.

2. Students will be able to integrate the emerging topics and issues of organization in the global context.

3. Students will be able to solve problems arising from corporate finance using business analytical tools.

4. Students will be able to judge whether business practices conform to the ethical standards in business.

HAU Strategic Objectives GSB Strategic Objectives DBM

Program Educational Objectives

Institutional Students’

Learning Outcomes

1. Academic Quality and Organizational Excellence

1. To offer programs that are more relevant and responsive to the shifting needs of the real world.

#2 and #3 • Civic and Global

Learning

• Applied and

Collaborative Learning

• Critical and Creative Thinking

2. Authentic Instrument for Countryside Development

2. To promote practitioner- research oriented that will allow us to participate in the furtherance of knowledge and elevate our GSB programs to

#1, #2, and #3 • Civic and Global Learning

• Applied and

• Critical and Creative

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higher level of excellence. Thinking

3. To forge and maintain strategic functional linkages and/or partnership with academic institutions, relevant organizations, national government agencies and local government units for knowledge transfer, sharing of resources and advocacy training for public service.

#2 • Civic and Global

Learning

• Applied and

• Communication and Interpersonal Skills

3. Great University to Work For 4. To act as reputable workplace preferred by faculty members who are experts in their corresponding fields and proficient in interdisciplinary and multi-disciplinary approaches in teaching.

#4 • Communication and

Interpersonal Skills

• Valuing and Ethical Reasoning

4. Faithful Catholic Education 5. To foster culture that promotes integrity, innovation, and the highest ethical standards in the Catholic context.

#2, #3 and #4 • Civic and Global

Learning

• Applied and

• Communication and Interpersonal Skills Valuing and Ethical Reasoning

• Communication and Interpersonal Skills

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Course Learning Outcomes

At the end of this course, students will be able to

1. Identify fundamental theories of ethics and corporate social responsibility.

2. Examine the implications of the various theories to business and corporate management.

3. Classify ethical responsibilities and the central concepts, framework, and theories of business ethics.

4. analyze ethical issues/conflict through case study in order to seek the best and/or alternative dispute resolution mechanism.

5. evaluate ethical cases and issues managers face in business, including issues of corporate social responsibility in the management of corporations.

Course Description

The course is a comparative study covering ethical concepts in relation to specific areas in the conduct and management of business.

The areas of discussion include ethical philosophy and its classifications and, theories and concepts of corporate social responsibility.

The course also examines content and value of codes of conduct and other normative standards that have been advanced as models for responsible corporate behaviour. This course is designed to stimulate the thinking and update knowledge on ethical issues and corporate social responsibilities in the business world. Students are expected to recognize and manage ethical issues as well as to formulate their own standards of integrity and professionalism in the workplace.

No. of units 3 units

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Required Textbook

Velasquez, M. G. (2013). Business ethics concepts and cases (7^th ed.). New Jersey: Prentice Hall.

Additional Reference:

De George, R. T. (2006). Business ethics (6th ed.). New York: Prentice Hall.

Requirements

Class reading assignments, case preparation and individual mini-reflections describing what managers (students) would do in a specific organizational situation. In addition, one of the class requirements include a one-page memo written to the students’ respective “CEOs”

explaining the relevance of the course information to an organization’s efforts in communicating Ethical Standards and Practice with Corporate Social Responsibility. They will be graded using assessment rubrics.

Course Content

Meeting Learning Competencies

Topic Methodology Student Output Evaluation of

Learning Assessment 1 • Familiarity with

the theoretical underpinnings of ethics and corporate social responsibility

• Ability to

identify relevant ethical practices for application in

organizations.

BASIC PRINCIPLES:

ETHICS

1.1 Ethical philosophy &

its classification 1.1.1 Meaning of ethics 1.1.2 Classifications of

ethical philosophy 1.1.3 Ethics and

Morality

1.1.4 Types of Ethical Issue

1.1.5 Ethical Issues in Corporations

• Lecture presentation

• Interactive discussion

• Class Reading Assignment

• Presentation of individual views, perspectives, and insights

• Identification of articles for reaction and setting up of schedule of submission

• Identification of cases for

• Presentation of individual views, perspectives, and insights that reflect a keen

appreciation and

understanding of the issues under discussion

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1.1.6 Consequentialist (teleology)

1.1.7 Non-

consequentialist (deontology)

analysis and setting up of schedule of presentation

• Student

participation will be evaluated on a 5-point scale

2 • Cognizance of the blend between organizational management and ethical business practices

PRINCIPLES OF BUSINESS ETHICS

2.1 Business ethics 2.1.1 Business objective versus ethics

2.1.2 Relationship between business and moral issues

2.1.3 American amoral business

2.2 Ethical Principles 2.2.1 Utilitarianism 2.2.2 Concept of a Right 2.2.3 Moral Rights 2.2.4 Contractual Rights and Duties

2.2.5 Kant and Moral Rights

2.2.6 Libertarian Principles

2.2.7 Principles of Distributive Justice 2.2.8 Principles of Retributive Justice 2.2.9 Ethics of Care 2.2.10 Theories of Moral Virtue

• Preparation, submission of assigned reaction paper

• Presentation of first and second groups’ Case Analysis

• Critical evaluation of case analyses presented

• Submission and evaluation of digital copy of Reaction Paper

# 1

appreciation and

• Student

• Case Analysis group reports that reflect thorough research and insightful contribution by individual group members

• Individual contribution to group reports will be

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evaluated on the usual 5- point scale

• Individual essays will be evaluated on the basis of extent of research, demonstration of original insights and critical analysis

• Reaction Paper will be

evaluated on the usual 5- point scale 3 • Ability to decide

on the ethical organizational theories that will enhance the business organization’s overall

performance

ETHICAL THEORIES ON MARKETS AND UTILITIES

3.1 Theories on Free Market and Utilities 3.1.1 Locke’s View on Rights

3.1.2 Smith, Hayek, Von Mises, Ricardo and Keynes’ Theories on Free Markets and Utilities

3.1.3 Social Darwinism 3.1.4 Marxism

3.1.5 Theory on Mixed Economy

3.2 Ethics in the Marketplace

• Group presentation

• Preparation, submission of assigned reaction paper

• Presentation of third group’s Case Analysis

• Critical evaluation of case analysis presented

• Submission and evaluation of digital copy of Reaction Paper

# 2

appreciation and

• Student

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3.2.1 Markets and Perfectly Competitive Markets

3.2.2 Monopolistic Markets

3.2.3 Oligopolistic Markets

3.2.4 Market Regulatory Theories

• Group report that reflects thorough research and insightful contribution by individual group members

• Individual reaction paper will be

evaluated on the basis of extent of research, demonstration of original insights and critical analysis

• Essays will be evaluated on the usual 5- point scale 4 • Ethical Insights

for the creation of a work environment

ETHICS OF CONSUMER

PRODUCTION AND MARKETING

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that is

conducive to a productive workforce

4.1 Ethical Risks to Consumers

4.2MarketApproach to Consumer Protection 4.3 Business Firms’

Duties to Consumers 4.4 Manufacturers’

Duties to Consumers 4.5 Advertising and Its Social Effects

4.6 Deceptive Advertising

4.7 Consumer Privacy and Consumer Rights

ETHICS AND THE EMPLOYEES

5.1Business

Organizations and Hierarchies

5.2 Ethical Approach to Organizational Conflicts

5.3 Ethics of Accepting Gifts

5.4 Theft of Information and Insider Trading 5.5 Wages, Working

Conditions and Moral

Responsibilities to Workers

•

• Fourth group presentation

that reflect a keen

appreciation and

• Student

• Group reports that reflect thorough research and insightful contribution by individual group members

• Individual essays will be evaluated on the basis of extent of research and demonstration

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5.6 Employees Rights, Privacy and Will to Work

of original insights 5 • Appreciation

and

understanding of the unique characteristic of organizations as an

instrument of change and development in the economy and society

CORPORATE SOCIAL RESPONSIBILITY 3.1 Theories of

corporate social responsibility 3.1.1Maximizing profit 3.1.2Moral minimum 3.1.3Stakeholder

interest 3.1.4Corporate

citizenship

3.2 Corporate social audit

3.2.1Procedures in conducting social audit 3.3 Transparency

and accountability 3.3.1Values driven

leadership

3.3.2Ethical compliance

• RECAP AND POST

MORTEM

• Fifth group presentation

• Final

Examination

appreciation and

• Student

• Group reports that reflect thorough research and insightful contribution by individual group members

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Expectations from Students

Students are held responsible for meeting the standards of performance established for each course. Their performance and compliance with other course requirements are the bases for passing or failing in each course, subject to the rules of the University. The students are expected to take all examinations on the date scheduled, read the assigned topics prior to class, submit and comply with all the requirements of the subject as scheduled, attend each class on time and participate actively in the discussions.

Furthermore, assignments such as reports, reaction papers and the like shall be submitted on the set deadline as scheduled by the faculty. Extension of submission is approved for students with valid reasons like death in the family, hospitalization and other unforeseen events. Hence, certificates are needed for official documentation. Likewise, special major examination is given to students with the same reasons above. Attendance shall be checked every meeting. Students shall be expected to be punctual in their classes. And observance of classroom decorum is hereby required as prescribed by student’s handbook.

Academic Dishonesty

It is the mission of the University to train its students in the highest levels of professionalism and integrity. In support of this, academic integrity is highly valued and violations are considered serious offenses. Examples of violations of academic integrity include, but are not limited to, the following:

1. Plagiarism – using ideas, data or language of another without specific or proper acknowledgment. Example: Copying text from the Web site without quoting or properly citing the page URL, using crib sheet during examination. For a clear description of what constitutes plagiarism as well as strategies for avoiding it, students may refer to the Writing Tutorial Services web site at Indiana University using the following link: http://www.indiana.edu/~wts/pamhlets.shtml. For citation styles, students may refer to

http://www.uwsp.edu/psych/apa4b.htm.

2. Cheating – using or attempting to use unauthorized assistance, materials, or study aids during examination or other academic work.

Examples: using a cheat sheet in a quiz or exam, altering a grade exam and resubmitting it for a better grade.

3. Fabrication – submitting contrived or improperly altered information in any academic requirements. Examples: making up data for a research project, changing data to bias its interpretation, citing nonexistent articles, contriving sources.

(Reference: Code of Academic Integrity and Charter of the Student Disciplinary System of the University of Pennsylvania at http://www.vpul.upenn.edu/osl/acadint.html).

Policy on Absences

1. A student who incurs two (2) absences in any subject shall be given a mark of “FA” as his final rating for the trimester, regardless of his performance in the class.

2. Attendance is counted from the first official day of regular classes regardless of the date of enrolment.

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Grading System (Campus ++): Grading System. Student Catalogue (2011), Graduate School, Holy Angel University)

Grades Percentage Grade General Classification

1.0 97 – above Outstanding

1.25 94 – 96 Excellent

1.50 91 – 93 Superior

1.75 88 – 90 Very Good

2.00 85 – 87 Good

5.00 Below 85 Failed

6.00 FA Failure Due to Absences

8.00 UW Unauthorized Withdrawal

9.00 DRP Dropped with Permission

Assessment Criteria for Written examination

Grades Percentage Grade General Classification

1.0 97 – above Outstanding

1.25 94 – 96 Excellent

1.50 91 – 93 Superior

1.75 88 – 90 Very Good