Managing for Sustainable Success - Business Ethics and Corporate Management


Faculty of Business Management and Social Sciences


Version 13.0 of 05/22/2019

Code of Module


Modulename (german)

Managing for Sustainable Success - Business Ethics and Corporate Management

Study Programmes

International Business and Management (Master) (M.A.)

Level of Module


Mission Statement

This module will provide a perspective on the integration of business management and ethical considerations. It will give an insight into the tension, the compatibilities and conflicts of ethical and business decisions.

  • Part 1:
    1.a. Ethical theories
  • Introduction into ethics
  • Utilitarianism, Kantian ethics and virtue ethics

    1.b. Ethics in a market economy framework
  • Market economy and social norms
  • Social capital, solidarity and market economy
  • Limits of markets

    1.c. Ethical challenges and the role of information asymmetry
  • Information asymmetry and ethical problems
  • Corporate governance code

    1.d. Management approaches to address ethical challenges
  • Corporate Social Responsibility - limits and perspectives
  • Managementtools – integrity and compliance; mission statements, codes of ethics, codes of conduct, organisational changes

    Part 2:
    2.a. Financial Management and Value Creation

    2.b. Measuring Performance and Risk

    2.c. Sustainable Growth – Remaining successful in highly competitive and volatile markets

    On the Relevance of Incentive Systems

    Part 3:
  • 3.1. Code of Ethics, Code of Conduct and Performance Requirements – a contradiction in terms?
  • 3.2. Case Studies: Reviews on Good and Bad Practices

    How to obtain sustainable success – a field report
Learning Outcomes

Knowledge Broadening
Students have a sound understanding of key theories and contributions in business ethics and corporate performance management.
Knowledge Deepening
Students are able to go beyond the standard statements in media and public discussions and reflect on the challenges, opportunities and limitations in business practice.
Instrumental Skills and Competences
Students are able to apply ethical theories.
Communicative Skills and Competences
Students can apply advanced theories and tools and propose solutions for real business problems.
Systemic Skills and Competences

Mode of Delivery

Lectures, discussions, role plays, group work

Expected Knowledge and/or Competences


Responsible of the Module

Mayer, Peter

  • Mayer, Peter
  • Holst, Hans-Ulrich
  • Hirata, Johannes


Concept of Study and Teaching
Workload Dozentengebunden
Std. WorkloadLehrtyp
Workload Dozentenungebunden
Std. WorkloadLehrtyp
Recommended Reading

Chryssides, George D. and John H. Kaler (1993): An Introduction to Business Ethics, Thomson.

Crane, Andrew and Dirk Mattern (2010): business ethics, Oxford University Press

Wicks, Andrew C. et al (2010): Business Ethics - A managerial approach, Pearson.

Graded Exam
  • Two-Hour Written Examination
  • Portfolio exam
Assessment Methods Remark



1 Term

Module Frequency

Only Summer Term

Language of Instruction