Course aims:

- At the end of the analysis one must be able to reach a logical, ethical, and solid business decision based on these principles.
- Engage in an exploration of one’s own personal value system and how that system guides her/his moral and ethical decision-making in the workplace.
- Understand the limitations of Stakeholder Management Theory and the inherent struggles between societal and individual definitions of moral/ethical behavior.

Course Entry Requirements:

N/A

Course contents:

1. Corporate ethics: concept and evolution
2. Ethics and Moral Judgment
3. Stages of Moral Development; Ethical Theories
4. Decision making and ethical management
5. Corporate responsibility. Concept, definition and dimensions
6. Free Market Capitalism and Moral Responsibility
7. Strategic management of corporate responsibility and sustainability
8. Implementation and alignment of a corporate responsibility strategy
9. Stakeholder relations and partnership management
10. Moral Issues in the Workplace
11. Moral Issues in Advertising, Marketing, and Compensation
12. Moral Issues Regarding the Triple Bottom Line: Economy, Environment, Human Welfare

Teaching methods:

Lecture, Discussions, Exemplifications

Learning outcomes:

• Understand several ethics theories and be able to apply these theories in real world settings.
• Demonstrate a deeper understanding of the moral choices that are implicit in virtually every aspect of work life by applying the concepts to one’s own experience.
• Demonstrate an understanding of Stakeholder Management Theory by articulating different types of ethical business dilemmas that occur on a regular basis and be able to recognize and analyze these situations based on the Stakeholder Management Framework. 

Learning outcomes verification and assessment criteria:

Multiple Choice Exam 50%, CSR Research Project 50%

Recommended reading:

Buchholtz, A. and Carroll, A., Business & Society. Ethics and Stakeholder Management. (8th Ed.), Mason, Ohio: South-Western., -, 2011, -.
Carroll A. B, A Three-Dimensional Conceptual Model of Corporate Social Performance, Academy of Management Review, 4, -, 1979, 497-505.
Dahlsrud A, How Corporate Social Responsibility is Defined: an Analysis of 37 Definitions, Corporate Social Responsibility and Environmental Management, 15, -, 2008, 1-13.