•  Awareness and understanding of corporate multiculturalism
•  Awareness and understanding of the institutional framework within which businesses operate
•  Definitions and concepts of business ethics and deontological ethics
•  Definitions and concepts of corporate governance
•  Corporate governance and business finance (transparency, corporate disclosure, exercise of power, stakeholders and shareholders, code of corporate governance)
•  Importance and role of the market and customers in contemporary corporations
•  Responsibility of contemporary corporations towards the natural and human environment
•  Contemporary international standards and institutions for Responsible Business Conduct
•  Responsible Business Conduct
•  Advantages and benefits of business ethics
•  Best business analysis techniques
•  Design and implementation of good business practices

The course aims to provide undergraduates with basic knowledge in the area of business ethics and corporate governance.  The course offers a comprehensive and rigorous introduction to the main concepts of ethics and their application to the global business environment. The course begins by presenting the concept of moral philosophy, showing how ethical theory can be applied within a business setting. The module will analyse the basic concepts of ethics and philosophy; emphasis is placed on the social dimension of the contemporary corporation. There is extensive reference to international standards and guidelines agreed by organizations and institutions for multinational companies in the context of: industrial relations, human rights, consumer rights, transparency, asymmetric information, rapid technological development, competition, and economic and social well-being.

Students’ class attendance and participation will enable them to complete this module successfully and demonstrate knowledge and understanding of:

•  the responsibility of modern business to the natural, social and intercultural environment;
•  the influence and impact of stakeholders in corporations;
•  ethical theory based on the criteria of rational morality;
•  the main concepts of business ethics and its importance for modern enterprises;
•  good business practices that contribute to the economic and social well-being of the modern corporate environment;
•  socially responsible behaviour in the business environment and ethical and deontological principles;
•  the management of ethical dilemmas in their working environment;
•  structured decisions, based on based on good business ethics, and their consequences; and
•  moral dilemmas and their positive or negative effects on businesses.