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T. A. PAI MANAGEMENT INSTITUTE, MANIPAL
COURSE OUTLINE
Course Title Business EthicsProgramme PGDMBatch 2014-2016Term IVCourse ID BSETCreits !Course
I"structor#s
Pro$% &umar &u"al &amal
Pro$% Bi'hu Prasa" PatraPro$% Sa"(a) Bhale
Introduction:
This course aresses the "ee to u"ersta" a" *ractice ethicalecisio" ma+i"g i" 'usi"ess e",iro"me"t% The course or+s o"*ro,ii"g a" u"ersta"i"g o$ *hiloso*hical. 'eha,ioral a" societalas*ects o$ 'usi"ess ethics. thereo" li"+i"g them to the *racticalas*ects o$ 'usi"ess acti,ities% The course is esig"e to hel*
lear"ers ,ie the acts o$ age"ts through ethical le"s% It is e/*ectethat ') the e" o$ the course. lear"ers oul 'e i"s*ire to ha,e areloo+ at the 'usi"ess ma"ager as a moral age"t ho thi"+scriticall) a" acts ethicall)%
Course Obecti!es:
Sensitization E"ha"ce se"siti,it) toars ethical issues
co"cer"i"g 'usi"ess orga"iatio"s%
Conception E",isage i"i,iuals. teams. a" orga"iatio"s as
moral age"ts%
Determination ear" critical thi"+i"g s+ills $or resol,i"g ethical
ilemmas i" 'usi"ess acti,ities a" *ractices%
Application De,elo* e/*ertise i" a**licatio" o$ ethical a"
moral *ri"ci*les $or 'uili"g orga"iatio"s o$
e/celle"ce i" terms o$ their co"cer" $or ethics.
e",iro"me"t. a" societ)%
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Course Le"rnin# Outco$es %CLO&:
B) the e" o$ the course. the lear"ers shoul 'e a'le to
1% Demo"strate the a'ilit) to escri'e the co"te/t o$ a" ethical
ilemma% 3P 45
2% Demo"strate the a'ilit) to criticall) e,aluate alter"ati,e
solutio"s to ethical *ro'lems% 3P 45
!% Demo"strate the a'ilit) to $oresee a" articulate *ossi'le
im*acts o$ cor*orate ecisio"s i" terms o$ their ethical orth%
3P 4B
4% Demo"strate the a'ilit) to ma+e moral (ugme"ts i" light o$
ilemmatic situatio"s% 3P 4B
Course Content:
The *rese"t course curriculum is i,ie i"to to *arts $ou"atio"al3*re mi-term a" a**lie 3*ost mi-term% 7urther. the sessio"sare i,ie i"to si/ i8ere"t moules *hiloso*hical. 'eha,ioral.societal. $u"ctio"al. *ro$essio"al. a" cor*orate ethics% Details are*ro,ie u"er the heai"g BSET 3Course utli"e%
Prescribed Te't Boo(:
9o Te/t Boo+% Selecte reai"gs to 'e *ro,ie o" T5PMI I"tra"et%
Po)ic* on P)"#i"ris$:
BSET course ema"s that a" age"t 3hether *erso" or grou*
$ollos high ethical sta"ars% The course there$ore ta+e a stro"g
sta"ce o" *lagiarism% 5" age"t ho i"ulges i" *lagiarism shall
attract se,ere *u"ishme"t% The *u"ishme"t shall 'e ecie ') the
co"cer"e $acult) o" a case-to-case 'asis. a" ma) co"stitute a")
o$ the $olloi"g
1 Valuatio" o$ ero $or the age"t:s su'missio"#*rese"tatio"i",ol,i"g *lagiarism%
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2 9egati,e mar+s $or the age"t:s su'missio"#*rese"tatio"
i",ol,i"g *lagiarism%
! De'arme"t o$ the age"t $rom BSET course%
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Student Assess$ent Sche$e:
;es # 9o
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orga"iatio" shoul 'eharmo"ie ith the e/ter"al$orces i" the e",iro"me"t
P !B
Descri'e a *ro'lem $ace ') a"e"ter*rise a" emo"strate thea**licatio" o$ s*ecic co"ce*t3si" that co"te/t
P !C
Descri'e the e/ter"ale",iro"me"t $ace ') a"
e"ter*rise a" its im*licatio"s tothe e"ter*rises *rese"t a"$uture
P!D
Com*rehe" the li"+ages'etee" a" e"ter*rises e/ter"ale",iro"me"t a" its i"ter"al$orces a" emo"strate thea'ilit) to $orm a strateg) a"the ste*s o$ its e/ecutio"
PG45**licatio" o$ the *ri"ci*les o$ethics a" cor*orate go,er"a"cei" a ,ariet) o$ setti"gs
P 45
Descri'e a co"te/t o$ ethicalilemma a" emo"strate thea'ilit) to articulate the right,ersus the ro"g i" the gi,e"co"te/t
P 4B
Demo"strate the a'ilit) toe",isio" the *ossi'le "egati,eim*act o$ a" cor*orate ecisio"a" suggest the correctecisio"3s i" the co"te/t
PG?Demo"stratio" o$ the ca*acit) tota+e leaershi* role i" 'usi"ess
situatio"s
P ?5Descri'e the issues *ertai"i"g toleaershi* i" a gi,e" co"te/t o$a" e"ter*rise
P ?B
Demo"strate the a'ilit) to ta+eecisio"s as a leaer o$ a"
e"ter*rise i" a gi,e" co"te/t.e",isio" the co"seue"ce a"emo"strate the ill to $ace theco"seue"ces o$ the ecisio"ta+e"
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BSET %COURSE OUTLINE&
Phi)oso+hic") Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%6
1. Introduction to Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%62. Br"nches o Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
3. Pers+ecti!es: Re)"ti!is$, Subecti!is$, Su+ern"tur")is$%%%%%%%%%%%%%%%%
4. Pers+ecti!es: Intuition")is$, E$oti!is$, Prescri+ti!is$%%%%%%%%%%%%%%%%%%%
5. Pers+ecti!es: Conse6uenti")is$, 7eonto)o#*, 8irtue Ethics%%%%%%%%%%%%%F
9. Ethic") 7ecision M"(in#%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
Beh"!ior") Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
. Indi!idu") ;"ctors%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
. Or#"ni?"tion") E@ects%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%11
Societ") Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% 12
1. Cu)tur") Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%12
11. Re)i#ious Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%12
12. Ethic") M"r#in")is"tion%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%1!
;unction") Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% 14
13. M"r(etin# Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%14
14. Ad!ertisin# Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%1415. RM Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%1?
19. Le"dershi+ Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%1?
1. ;in"nce Ethics%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% 16
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PRE MI7-TERM %;OUN7ATIONAL&
Phi)oso+hic") Ethics
1. Introduction to Ethics
Su'-To*ics
Ethics 5" I"trouctio"
ar,ar Busi"ess School%
Plato. Ta)lor. C% C%
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2. Br"nches o Ethics
Su'-To*ics
Descri*ti,e Ethics
9ormati,e Ethics
Meta-Ethics
5**lie Ethics
Moral. Immoral. 5moral. a" 9o"-moral
Su##ested Re"din#s:
>are. H% M% 31?2% Prescri*ti,e la"guage !he lan%ua%e o& morals 3**% 1-16%/$or Clare"o" Press%
>are. H% M% 31?2% Descri*tio" a" e,aluatio" !he lan%ua%e o& morals3**% 111-126% /$or Clare"o" Press%
Addition") Re"din#s:
McClos+e). >% L% 316% I"trouctor) Meta-ethics. "ormati,e ethics a" moralit)*eta+ethics and normative ethics 3**% 1-F% Dorrecht S*ri"ger9etherla"s%
3. Pers+ecti!es: Re)"ti!is$, Subecti!is$, Su+ern"tur")is$
Su'-To*ics
Helati,ism
Su'(ecti,ism
Su*er"aturalism
Su##ested Re"din#s:
Ge"sler. >% L%. S*urgi". E%
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Emoti,ism
Prescri*ti,ismSu##ested Re"din#s:
Ge"sler. >% L%. S*urgi". E% % L%. S*urgi". E%
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Mill. L% S% 3201!% >eo"ism% I" H% Sha$er-a"au 3E%. thical theor ( anantholo% 3**% 2?F-26!% Chichester.
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9. Ethic") 7ecision M"(in#
Su'-To*ics
Ethical Dilemmas i" Busi"ess
Ethical Decisio" Ma+i"g i" Busi"ess F Ste*s to Sou" Ethical Decisio" Ma+i"g i" Busi"ess 3Tre,i"o
9elso"Su##ested Re"din#s:
Tre,i"o. % &%. 9elso". &% 5% 32014% Decii"g hat:s right 5 *rescri*ti,ea**roach *ana%in% 'usiness ethics ( strai%ht talk a'out how to do it ri%ht3**% !F-6%
Addition") Re"din#s:
Paolillo. L% P%. Vitell. S% 32002% 5" em*irical i",estigatio" o$ the i"Que"ce o$selecte *erso"al. orga"iatio"al a" moral i"te"sit) $actors o" ethicalecisio" ma+i"g%/ournal o& Business thics, 031. 6?-4%
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Christie. H% 310% o cog"iti,e scie"ce cha"ges ethics *oral
ima%ination ( implications o& co%nitive science &or ethics 3**% 1-12%Chicago O"i,ersit) o$ Chicago Press%
&"ouse. S%. Giacalo"e. H% 312% Ethical ecisio"-ma+i"g i" 'usi"essBeha,ioral issues a" co"cer"s% /ournal o& Business thics, 113?-6. !6-!%
Maslo. 5% >% 314!% 5 theor) o$ huma" moti,atio"% #scholo%ical Review, 634.!0-!6%
Milgram. S% 316!% Beha,ioral stu) o$ o'eie"ce% !he /ournal o& A'normal andSocial #scholo%, $234. !1-!F%
Pri". L% 32010% Ethics a" *s)cholog)% I" L% S+oru*s+i 3E%. !he Routled%ecompanion to ethics3**% !F4-!6% o"o" 9e ;or+ Houtlege%
T)so". T% 310% Belie,i"g that e,er)o"e else is less ethical Im*licatio"s $or or+'eha,ior a" ethics i"structio"%/ournal o& Business thics, 73. 1?-21%
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Poer. eaershi*. a" Ethics
Su##ested Re"din#s:
'erlech"er. T% 3200% !he pscholo% o& ethics in the fnance and investmentindustr 3**% !-??% Charlottes,ille. Va% Hesearch 7ou"atio" o$ C75I"stitute%
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Societ") Ethics
1. Cu)tur") Ethics
Su'-To*ics
Cross-cultural se"siti,ities
Cultural Values a" Practices
Ethical Helati,ism
Dime"sio"s o$ Culture
Cultural Stereot)*es
Su##ested Re"din#s:
Lac+so". T% 3200% Cross-cultural se"siti,ities i" e,elo*i"g cor*orate ethical
strategies a" *ractices% I" oli"ger &% Hichter 3Es%.Corporate thics and Corporate ;overnance3**% 22-24 S*ri"ger Berli">eiel'erg%
Addition") Re"din#s:
Lac+so". T% 32011% O"ersta"i"g culture a" cultural i"ter$aces "nternationalmana%ement ethics ( a critical, cross+cultural perspective 3**% 11-!%Cam'rige 9e ;or+ Cam'rige O"i,ersit) Press%
&li"e. L% M% 3200?% Culture a" the huma" e",iro"me"t thics &or international'usiness ( decision makin% in a %lo'al political econom 3**% 10-1?%o"o" 9e ;or+. 9%;% Houtlege%
Ho'ertso". C%. 7ail. P% 5% 31% Ethical ecisio" ma+i"g i" multi"atio"alorga"iatio"s 5 culture-'ase moel% /ournal o& Business thics, 1734.!F?-!2%
o'o+e". 9L
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Addition") Re"din#s:
5e"e). B% T% 32004% The Bi'le a" the culture i" ethics% I" S% B% Hae &% % % a7ollette 3E%. !he-.&ord hand'ook o& practical ethics 3**% 21-244% /$or 9e ;or+/$or O"i,ersit) Press%
Rac+. 9% 3200!% Hace a" racial iscrimi"atio"% I" >% a7ollette 3E%. !he -.&ordhand'ook o& practical ethics 3**% 24?-21% /$or 9e ;or+ /$orO"i,ersit) Press%
Addition") Re"din#s:
5m'e+ar. B% H% 32004% Caste i" I"ia% I" G% Shah 3E%. Caste and democraticpolitics in "ndia3**% F!-10% o"o" 5"them%
Dumo"t. % 32004% >ierarch) The theor) o$ Var"a% I" G% Shah 3E%. Caste anddemocratic politics in "ndia3**% 60-% o"o" 5"them%
Emo"s. D% 32006% Cor*orate racism Caste wars ( a philosoph o& discrimination
3**% !4-4% o"o" 9e ;or+ Houtlege%
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Ga"hi. M% &% 32004% Caste must go% I" G% Shah 3E%. Caste and democraticpolitics in "ndia3**% F0-F2% o"o" 5"them%
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HM a" *er$orma"ce ca" *art"ershi* aress the ethicalilemmasJ I" 5% >% Pi""i"gto". H% Mac+li" T% Cam*'ell 3Es%. Humanresource mana%ement ( ethics and emploment 3**% ?2-6?% /$or/$or O"i,ersit) Press%
La"se". E%. Vo" Gli"o. M% 5% 31F?% Ethical am'i,ale"ce a" orga"iatio"alrear s)stems%Academ o& *ana%ement Review, 1634. F14-F22%
9uss'aum. M% 32000%
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Darc). &% 31% Ethics a" cor*orate leaershi*% I" H% 7reeric+ 3E%. Acompanion to 'usiness ethics 3**% !-40F% Male". Mass% Blac+ellPu'lishers%
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Addition") Re"din#s:
>oell. L% M%. 5,olio. B% L% 312% The ethics o$ charismatic leaershi*Su'missio" or li'eratio"J !he .ecutive, $32. 4!-?4% Messic+. D% M%. Baerma". M% >% 316% Ethical leaershi* a" the *s)cholog) o$ ecisio"ma+i"g% Sloan *ana%ement Review, 0232. -22%
Mur*h). P% E% 32004% Creati"g a" e"couragi"g ethical cor*orate structures% I" S%B% Hae &% % arriso". M% 3200?% Moral ista"ce N the selli"g o$ "a"cial *roucts Anintroduction to 'usiness and mana%ement ethics 3**% 21-!0F%
>ou"mills. Basi"gsto+e. >am*shire 9e ;or+ Palgra,e Macmilla"%
Le"se". M% C%. Mec+li"g. % 316% Theor) o$ the rm Ma"agerial 'eha,ior.age"c) costs a" o"ershi* structure%/ournal o& >inancial conomics, 034.!0?-!60%
&ol'. H% inanceethics ( critical issues in theor and practice 3**% 2!-44% >o'o+e". 9%L%
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Su##ested Re"din#s:
Beaucham*. T% % 3200% The X$our *ri"ci*les: a**roach to health care ethics% I" H%E% 5shcro$t. 5% Daso". >% Dra*er L% H% McMilla" 3Es%. #rinciples o&health care ethics32" e%. **% !-10% Chichester Loh" % &uhse P% Si"ger 3Es%.A companion to 'ioethics32" e%.**% 46-4F6% Chichester. olm. S% 31?% 9ot (ust auto"om) The *ri"ci*les o$ 5merica" 'iomeical ethics%/ournal o& *edical thics, 5136. !!2-!!F%
9eto". % >% 3201!% Pro$essio"al ethics thical decision makin% ( introduction tocases and concepts in ethics3**% !-4!% Cham 9e ;or+ S*ri"ger%
Cor+or"te Ethics
2. G"ndhi"n A++ro"ch to Trusteeshi+
Su'-To*ics
The Co"ce*t o$ XSar,oa)a Samaa(:
Truth a" 5himsa
The Doctri"e o$ Sat)agraha
Ga"hia" Vies o" Class-Struggle
Ga"hia" Theor) o$ Trusteeshi*
Su##ested Re"din#s:
Saru++ai. S% 32012% LHD Tata a" the iea o$ trusteeshi*% I" M% Lal 3E%.?oroastrianism ( &rom anti4uit to the modern period3**% !0-!24% 9eDelhi P>ISPC Ce"tre $or Stuies i" Ci,iliatio"s%
Si"ha. H% P% 3201!% 5"al)sis o$ Ga"hia" social thi"+i"g *ahatma ;andhi : @arl*ar. ( a stud o& selected social thinkers 3**% 6-16% o"o" 7orgotte"Boo+s%
Addition") Re"din#s:
5**aorai. 5% 316% Ga"his co"tri'utio" to social theor)% !he Review oolitics, 0130!. !12-!2F%
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Go*i"ath. C% 3200?% Trusteeshi* as a moral $ou"atio" $or 'usi"ess% Business andSociet Review, 1163!. !!1-!44%
Varma. H% 32012% Ga"his theor) o$ trusteeshi* 5" essa) i" u"ersta"i"g% I" S%&% Lose*h 3E%. Conte.tualisin% ;andhian thou%ht ( essas in honour o&and ' Ravindra arma3**% 10-22% % 3200F% The ol mercha"t commu"ities "ndias new capitalists (caste, 'usiness, and industr in a modern nation 3**% F-4% >ou"mills.Basi"gsto+e. >am*shire Palgra,e Macmilla"%
7re"ch. P% 5% 31% The cor*oratio" as a moral *erso"% American #hilosophical=uarterl, 1$3. 20-21?%
&ha""a. T%. Pale*u. &% G% 3200?% The e,olutio" o$ co"ce"trate o"ershi* i"I"ia Broa *atter"s a" a histor) o$ the I"ia" so$tare i"ustr)% I" H%Morc+ 3E%.A histor o& corporate %overnance around the world ( &amil'usiness %roups to pro&essional mana%ers 3**% 2F!-!20% ChicagoO"i,ersit) o$ Chicago Press%
Morse. L% 31% The missi"g li"+ 'etee" ,irtue theor) a" 'usi"ess ethics%/ournal o& Applied #hilosoph, 1$31. 4-?F%
ma". C% 3200!% I"ia - The tie rises. slol) Corporate %overnance indevelopment ( the e.periences o& Brazil, Chile, "ndia, and South A&rica 3**%10?-1?% Iss)-les-Mouli"eau/. 7ra"ce
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