Managing for Sustainable Success - Business Ethics and Corporate Management

Faculty of Business Management and Social Sciences

Version 13.0 of 05/22/2019

22M0903

Managing for Sustainable Success - Business Ethics and Corporate Management

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

4

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

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

Lectures, discussions, role plays, group work

none

Mayer, Peter

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

5

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.

• Two-Hour Written Examination
• Portfolio exam

none

1 Term

Only Summer Term

English