AC203 Governance and Ethics
DESCRIPTION
This unit is designed to introduce students to the fundamental principles of business ethics and corporate
governance. The unit specifically aims to provide the relevant exposure to ethical principles and applications
through a range of organisations taking into account cultural aspects. Primarily the unit deals with understanding and formulating solutions to ensure that the ethical aspects of a business are relevant and appropriate in the global aspect. It will also provide an understanding and guidance towards developing good ethical programs for businesses and facilitation of ethical leadership.
RELEVANT COURSES
*Core unit
CREDIT POINTS
10
DELIVERY MODE
On campus
PREREQUISITE OR CO-REQUISITE
AC101 Accounting I
UNIT LEARNING OUTCOMES
LO1 Apply the fundamental principles of business ethics and corporate governance in a range of contexts
LO2 Analyse ethical decision-making issues at the individual, group, and organisational levels
LO3 Practice ethical decision-making using appropriate strategies and models in a given context
LO4 Formulate solutions to ethical problems in organisations using effective ethics programs
LO5 Discuss and debate business ethics in a culturally diverse global environment
LO6 Synthesise a position for a given ethical problem based on values and knowledge of ethical behaviour across cultures
CONTENT
- The importance of business ethics
- Understanding stakeholder relationships, social responsibility and corporate governance
- What are the emerging business ethics issues
- The institutionalisation of business ethics
- Ethical decision making and ethical leadership
- Morals, philosophies, and values
- The role of ethical culture and relationships in organisations
- Developing an effective ethics program
- Managing and controlling ethics programs
- Importance of ethical leadership
- Business ethics in a global economy
- Importance of ethical and social responsibility dimensions in view of sustainability
ASSESSMENT METHODS
- Literature Review/Group Discussion/Peer Assessment – 20%
- Written Assessment – 30%
- Exam – 50%
PRESCRIBED READINGS
Ferrell, O.C., Fraedrich, J. and Ferrell, L. (2019). Business Ethics: Ethical Decision Making and Cases (12th ed.). Mason: USA
Check with the lecturer each semester before purchasing any textbooks