UNIQUE SERIES AKTU Syllabus
BBA603

Corporate Governance & Business Ethics

L-T-P3-0-0 Credits3 Session2026-27 (W.E.F 2024-25) TypeTheory
Appears in 1 semester

BBA · Sem 6 (Core)

Download PDF

Syllabus

5 units · 40 lecture hours
Unit1

Unit 1: Introduction to Corporate Governance and Ethics

8 hrs

Meaning and evolution of corporate governance; objectives and significance; principles of good governance: transparency, accountability, fairness, and responsibility; relationship between ethics and governance; introduction to business ethics; ethical decision-making process; theories of corporate governance: Agency Theory, Stakeholder Theory, Stewardship Theory.

Unit2

Unit 2: Board Structure and Stakeholder Management

7 hrs

Composition and role of the Board of Directors; executive, non-executive, and independent directors; board committees and their functions; stakeholder identification and engagement; shareholder rights and activism; whistleblowing mechanisms; conflicts of interest and governance challenges.

Unit3

Unit 3: Global Corporate Governance Frameworks

8 hrs

Overview of global governance standards; Cadbury Committee Report (1992); OECD Principles of Corporate Governance; Sarbanes-Oxley Act (SOX, 2002); international best practices in corporate governance; role of ethics in preventing corporate fraud; comparative governance systems across countries.

Unit4

Unit 4: Corporate Governance in India

8 hrs

Evolution of corporate governance in India; Companies Act, 2013; SEBI (LODR) Regulations, 2015; Overview of key committee reports: Kumar Mangalam Birla Committee, Narayana Murthy Committee, and Uday Kotak Committee; role of SEBI as regulator.

Unit5

Unit 5: Corporate Failures and Ethical Issues

9 hrs

Analysis of major corporate scandals: Satyam Scam, Kingfisher Airlines crisis, Punjab National Bank fraud, IL&FS crisis; governance breakdowns and ethical lapses; lessons from corporate collapses; strengthening governance through ethical leadership and compliance systems.

Course Objectives5 points
  • Understand the principles, concepts, and importance of corporate governance and business ethics.
  • Analyse governance structures, board systems, and stakeholder roles in organisations.
  • Evaluate ethical decision-making frameworks in business contexts.
  • Examine major corporate failures and their governance implications.
  • Apply ethical and governance principles in managerial decision-making.
Course Outcomes (COs)5 outcomes

After completion of the course student will be able to:

  1. CO1Explain the concepts and principles of corporate governance and business ethics. (Understand)K2
  2. CO2Explain governance structures, boards, and stakeholder roles. (Understand)K2
  3. CO3Describe ethical frameworks and decision-making models. (Understand)K2
  4. CO4Discuss corporate failures and the governance gaps highlighted by them. (Understand)K2
  5. CO5Apply governance and ethical principles in business decisions. (Apply)K3

Suggested Readings (Latest Editions)

  1. Monks, R. A. G., & Minow, N. Corporate Governance. John Wiley & Sons.
  2. Tricker, B. Corporate Governance: Principles, Policies and Practices. Oxford University Press.
  3. Sharma, J. P. Corporate Governance, Business Ethics and CSR. Ane Books.
  4. Fernando, A. C. Business Ethics and Corporate Governance. Pearson India.
  5. Mallin, C. A. Corporate Governance. Oxford University Press.
  6. Cadbury Committee Report (1992).
  7. OECD. Principles of Corporate Governance.
  8. SEBI (LODR) Regulations, 2015 (updated editions).

Official AKTU syllabus

This subject is on page 92, 93 of the original AKTU PDF.

Official AKTU syllabus PDF ↗