Ethics and Corporate Governance

Business Ethics refers to the social responsibility of a business towards its stakeholders and society at large. Relevant issues have been discussed in the framework of Corporate Social Responsibility (CSR), Sustainability (the balance between economic performance, ecological / environmental performance and society & people considerations). Corporate Governance (CG) also can be seen as a theory of ethics. It concerns the system by which companies are monitored and controlled by society. All these approaches have ethical implications for business practice. move in the intersection of law, ethics – morality, and economic efficiency, and continuously  evolving an the last years.

The course will equip the students with skills for identifying and understanding ethical issues in business, as well as understanding of policies and the macro environment in which they are enacted. Reference will be made to national factors, initiatives of international organizations and the international CSR and Corporate Governance standards. The purpose is to make students able to understand, follow the evolution and take part in the current debate on corporate responsibility and governance, get them to think critically about the role of ethics and corporate governance in business and society, to develop knowledge and skills, which will enable them to act within their future work environment with due regard to wider social and business governance considerations.