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Regular version of the site
Master 2023/2024

Business Ethics and Corporate Social Responsibility

Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Type: Compulsory course (Finance)
Area of studies: Finance and Credit
When: 1 year, 1 module
Mode of studies: offline
Open to: students of all HSE University campuses
Instructors: Maxim Storchevoy
Master’s programme: Finance
Language: English
ECTS credits: 3
Contact hours: 28

Course Syllabus

Abstract

The course provides contemporary business ethics and CSR knowledge and skills which is required by every manager: 1) good knowledge of basic ethical theory (utilitarianism, deontology) as well as CSR and sustainability concepts and ability to apply it to various business dilemmas; 2) understanding of psychological and situational reasons for unethical decisions and ability to work with these factors in practice? 3) ability to design and use of mechanisms of managing ethics in the market (competition, state and self-regulation) and in the company (compliance systems and sustainability management). The course will include several intercampus activities where students of various campuses will work together online: 1) role games simulating decision-making and communication in the real companies, 2) debates and critical discussions of the moral dilemmas and challenges from contemporary business agenda. The course will be taught with collaboration of Russian Business Ethics Network: 1) guest lectures of RBEN members (directors of ethics and sustainability from leading Russian companies), 2) collection of RBEN teaching cases (the most recent and relevant practical material in business ethics and CSR).
Learning Objectives

Learning Objectives

  • Understanding of psychological and situational reasons for unethical decisions and ability to work with these factors in practice
  • Good knowledge of basic ethical theory (utilitarianism, deontology) as well as CSR and sustainability concepts and ability to apply it to various business dilemmas.
  • Ability to design and use of mechanisms of managing ethics in the market (competition, state and self-regulation) and in the company (compliance systems and sustainability management).
Expected Learning Outcomes

Expected Learning Outcomes

  • To argue about vital ethical issues using sound theory and strong logic instead of emotions and conventional moral.
  • To manage CSR behavior of your company using modern concepts and instruments (designing ethical codes, measurement and management systems for ethical conduct, preparing social reports)
  • To resist from making an error in a situation of ethical choice and persuading others from making it.
Course Contents

Course Contents

  • Introduction to Ethics
  • Ancient Ethical Theories
  • Evolutionary Ethics
  • Modern ethical theories
  • CSR, Sustainability and ESG
  • Managing Ethics in the Market
  • Mechanisms of Unethical Behavior
  • Management of ethics in a company
  • Accounting Ethic and Sustainability Reporting
  • Ethics of Corporate Governance
  • Ethics of Securities Market and AI-solutions
  • Ethics of Retail Financial Services and AI issues
Assessment Elements

Assessment Elements

  • non-blocking Seminar Participation (Discussions, Quizes, Cases)
  • non-blocking Essay Writing (team work)
  • non-blocking Online Test
  • blocking Exam
    Exam is held as a written test (30-50 closed-ended questions) based on all course issues and materials.
Interim Assessment

Interim Assessment

  • 2023/2024 1st module
    0.2 * Essay Writing (team work) + 0.3 * Exam + 0.2 * Online Test + 0.3 * Seminar Participation (Discussions, Quizes, Cases)
Bibliography

Bibliography

Recommended Core Bibliography

  • David M. Wasieleski, & James Weber. (2019). Business Ethics: Vol. First edition. Emerald Publishing Limited.

Recommended Additional Bibliography

  • Cam Caldwell. (2020). Business Ethics: Perspectives, Management and Issues. Nova.

Authors

  • Storchevoi MAKSIM ANATOLEVICH