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SUBJECT OVERVIEW
MGT3044: BUSINESS ETHICS AND SOCIAL RESPONSIBILITY
Programmes
Semester
Contact hrs per week
Lecturer/Tutor
E-mail address
Room
Telephone number
Consultation hours
Tutor
E-mail address
Room
Consultation hours
Subject Description
Application of ethical principles in a business setting is a critical skill. Studies show that
firms that perform better financially over time are those with a commitment to ethical
behaviour and are socially responsible. Businesses have responsibilities beyond simply
enhancing their profits because they have such great social and economic power in our
society. With that power comes social responsibility. The methods employed to achieve
maximum profit or return on investment often raise issues of honesty and fair-play. The
focus of this course will be on the variety of ethical issues raised in the practice of
business and the professions. These include the normative theories of ethics, ethics in
business, professions, the workplace and the environment. It is important to gain some
familiarity with these issues, to consider the relevant factors involved, and to consider how
they might be reasonably addressed.
Subject Objectives
The overall objective of this course is to provide a comprehensive coverage of the
theoretical as well as application issues business and professional ethics. Within the
framework of the above goal, this course has several specific objectives. They are to:
1. introduce students to ethical theories and concepts;
2. enable students to understand and reflect on their own values and responses to the
difficult moral choices that the world of business can pose;
Learning Outcomes
Upon completion of this course, students should be able to:
1. Demonstrate familiarity with a variety of ethical issues or dilemmas that are raised by
business and professional practice from different theoretical perspectives
2. Explain the factors that impact decision-making as a responsible professional
3. Examine business ethics in a globalised economy, including ethical perceptions and
international business, global values, the multinational corporation, and ethical issues
around the globe
Delivery Methods
Lectures will introduce key ideas and theoretical frameworks. They are delivered with MS
PowerPoint and often supported by relevant video clips, as visual aids. Students should
note that while a lecture is self-contained in terms of presentation, the topics are closely
interrelated, and this interconnectedness is essential to their understanding of the
substance of this course. While the focus will be on conveying facts and issues, lectures
also point students to important readings and case studies that should go hand-in-hand
with the lectures. These recommended readings are part of the knowledge base on which
students are assessed.
Tutorial and workshop sessions are designed to supplement lectures, and are built around
student-led discussions and presentations, encouraging students to discuss relevant
issues. Students are expected to participate actively in all discussions, and thereby
helping them to strengthen their understanding of the contents of lectures.
Assessment
Students are assessed in three parts, mainly the mid-term test, coursework assignment
and final examination.
Mid-term Test
Assignment (Group)
Final Written Examination
10%
30%
60%
Assignment
The objective of the group-based assignment is to apply the theoretical knowledge
learned in the subject to a practical setting. The group typically consists of 3 to 5
members. The length of the essay is 3,000 words. Submission of the assignment will be
during week 10, that is, the week immediately after the mid-semester break.
Mid-term test
The two-hour mid-term test, consisting of multiple-choice questions, would be held on
week 8, just prior to the mid-semester break.
Note: The mid-semester break is in week 9 (19th to 24th May 2014).
Final written examination
As for the three-hour final written examination, which is held in weeks 16 and 17 of the
semester, there are two sections: Section A consists of four short essay questions, and
Section B consists of six longer essay questions. Students will answer any two questions
in Section A and any two questions in Section B. These questions assess students
mastery over the subject matter as well as their ability to think critically. Marks for each
question are provided on the examination paper.
Important Reminder
Plagiarism
Plagiarism, whether inadvertent or deliberate, shall include the following:
Word-for-word copying of sentences or whole paragraphs from one of more sources,
or presenting substantial extracts from books, articles, thesis, other unpublished work
such as working papers, seminar and conference papers, internal reports, computer
software, lecture notes or tapes, without clearly indicating their origin .
Using very close paraphrasing of sentences of whole paragraphs without due
acknowledgement in the form of reference to the original.
Submitting another students work in whole or in part.
Use of other persons ideas, work or research data without acknowledgement.
Collusion
Collusion, whether inadvertent or deliberate, shall include the following:
Submitting an individual assignment that was jointly prepared by the candidate and
any other third party, e.g. other students, family, professionals, or tutors/lecturers.
Submitting a group assignment that was jointly prepared by the group and any
external party, e.g. family, students from other courses, or professionals.
Copying each others work and passing it off as an individual effort.
Course Outline
The following are the lecture topics and the respective readings covered over the course
of one semester. Additional readings may be added during the course.
Lecture/
Week
1
Topics
Introduction to the course:
Morality, ethic
s, law and ethical relativism, Kohlbergs Moral
Development
Normative theories of ethics:
Teleological and deontological theories
The nature of capitalism:
Features; Moral justifications; Criticism;
Economic challenges.
Corporations and corporate social responsibility:
The social responsibility of business the rival
views, Debating corporate responsibility,
Corporations and corporate social responsibility:
Models of CSR; Institutionalising ethics within
corporations
Readings
Hartman et al: Ch. 1, 2
Velasquez: Ch. 1
Shaw: Ch 1
Hartman et al: Ch. 3
Shaw: Ch. 2
Velasquez: Ch. 2
Hartman et al: Ch. 2
Shaw: Ch. 3 & 4
Hartman et al: Ch. 4, 5
Shaw: Ch. 5
Hartman et al: Ch. 4, 5
Shaw: Ch. 5
Consumers:
Contract relations, product safety, product
social issues
Consumers II:
Marketing and advertising
The environment:
Business and ecology, environmental ethics
MID-SEMESTER BREAK
10
11
12
13
14
15
Reading List
Main reference
Hartman, L. P., DesJardins, J. and MacDonald, C. (2014) Business Ethics: Decision
Making for Personal Integrity & Social Responsibility, 3rd edn. New York: McGraw-Hill
International.
Some additional references
Arnold, D.G., Beauchamp, T. and Bowie, N. (Eds.) (2012). Ethical Theory and Business,
9th edn.. New Jersey: Pearson.
Boatright, J.R. (2012). Ethics and the Conduct of Business, 7th. edn. Pearson: New
Jersey.
Brooks, L.J. and Dunn, P. (2010). Business & Professional Ethics for Directors,
Executives and Accountants, 5nd. edn. Cincinnati: South-Western Cengage.
Cooper, D.E. (2004). Ethics for Professionals in a Multicultural World. New Jersey:
Pearson Prentice Hall.
De George, R.T. (2009). Business Ethics. 7th edn. New Jersey: Pearson Prentice-Hall.
Jennings, M.M. (2012). Business Ethics: Case Studies and Selected Readings. 7th edn.
Ohio: Cengage South-Western.
Shaw, W.H. (2014). Business Ethics, 8th edn. California: Wadsworth Cengage Learning.
Thiroux, J. and Krasemann, K. (2012). Ethics: Theory and Practice. 11th edn. Boston:
Pearson.
Velasquez, N. (2012). Business ethics: Concepts & Cases. 7th. edn.. New Jersey:
Pearson.
http://www.scu.edu/ethics/articles/articles.cfm
http://www.globalreporting,org
http://www.iccr.org/
http://workplacediversity.com/
http://www.foe.org.uk/
http://business-ethics.com/
http://businessethicsnetwork.org/
http://www.microsoft.com/security/onlineprivacy/cyberethics-practice.aspx
http://www.transparency.org/
http://www.ethicsandbusiness.org/
http://www.globalethics.org/
http://www.oecd.org/
http://www.unglobalcompact.org/
http://www.wcfg.net
http://www.recalls.gov
http://www.epa.gov/sustainability/
http://www.kyotoprotocol.com
http://www.sustainablemeasures.com/
http://www.greemarketing.com
http://www.sc.com.my/malaysian-code-oncorporate-governance-2012 /
Useful readings
Code of Medical Ethics
http://www.mma.org.my/Portals/0/pdf/MMA_ethicscode.pdf
Insider Trading in Malaysia
http://www.mia.org.my/at/at/200812/05.pdf
Auditors and the Whistleblowing Law
http://www.mia.org.my/at/at/2009/04/04.pdf
Ethics and professionalism in Malaysia
http://www.themalaysianinsider.com/sideviews/article/ethics-and-professionalism-inmalaysia-rom-nain
Whistleblowing policy at Sime Darby
http://www.simedarby.com/Whistleblowing.aspx
PETRONAS Code of Conduct and Business Ethics (CoBE)
http://www.petronas.com.my/about-us/governance/Pages/governance/code-ofconduct-business-ethics.aspx
Whistleblowing won't work in Malaysia
http://www.deloitte.com/view/en_MY/my/mysvc/myfa/forensic/2e375ecf32fd5210Vgn
VCM200000bb42f00aRCRD.htm