Programme PGP & PGP-FABM Term II Academic Year 2021-22

Course title Personal and Corporate Ethics Area PGP Area Credits 0.50

Prof. Ajay Pandey,
Prof. Saral Mukherjee,
Prof. Sebastian Morris (VF)

Course Description & Objectives
‘Personal and Corporate Ethics’ is a compulsory course in the first year of the Post Graduate Programme.

The objective of the course is to sensitize the participants on the nature of ethical debates and discourses, alternative perspectives and frameworks used to evaluate choices and behavior from ethical standpoint, the effect of culture and religion in shaping the ethical discourse and choices made by the society and individuals, and the ethical dilemmas faced by the firms and the managers. The course would help the participants in critically analyzing some of the social and ethical challenges faced by the managers and would attempt to frame appropriate managerial and corporate responses.

While social ethics seems to be relative varying across societies, is there or can there be core “absolute” even if minimalist ethics, in modern society? In what sense can a corporation have ethics? How do the various conceptualization of corporations and of organisations in society cohere with the idea of ethics in social dealings? Does the “ethics” of businesses vary with the kind of businesses? Could there be issues with the implied ethics in the case of the practice of some of the functions of management like marketing? In that case what happens when the ethics of an individual is not in sync with that of the corporation or of the business that the corporation or organisation professes?

Can we say that the practices and accepted dealings in some societies are less ethical than in others? How do the ethical standards of society change with modernization? What do religion and traditional mores of behavior have to do with ethics?