Corporate Social Responsibility is often seen as a way of supporting ethical behaviour; this may not always be true. CSR is mandatory in India and equating it with ethics can lead to confusion. Further, being ethical is often confused with being religious or being environmentally friendly, and many managers, especially in India, see CSR and ethics as being tradable!
Corporate governance is an important issue that requires to be addressed through formal training. This is more so in emerging economies where the laws are still evolving. Even if the laws are similar to those in developed countries, their poor implementation implies that mere adherence to the “usual practice” may not be good enough and may indeed lead to ethical issues.
The governance of large corporates goes well beyond corporate governance. Senior managers have to manage the boundaries of the corporation vis-à-vis not only their clients and partners but also the public, and more specifically opinion makers, regulators and government. It is important to get a sense of what is ethical behaviour in a variety of contexts to guard against issues that could have been anticipated.
The vast ethical violations in India due to poor delivery of public services including those related to the working of the police and the judiciary create cynicism about ethical behaviour that is cast in terms of human values. However, there is both, much discomfort about this state of affairs. And government officials and public managers need to understand the ethical dimensions in their policies and actions.
Business and organisations headquartered in India as they become large, with diffuse shareholding and a global presence need to align their governance and ethics with the best of global practices.
This programme adopts a discursive mode and through case studies, hopes to bring clarity among senior managers, officials and leaders of organisations in general, on business, societal and organisational ethics. It starts with the idea of corporate governance and builds on the necessity of ethics for true corporate governance.
The programme aims to bring out the meaning and function of governance and of ethical behaviour. With regard to corporate governance, it brings out the role of ethics. The ethical perspective can, in a robust and reliable way, inform the correct approach to governance and behaviour in a variety of organisational and business contexts. It also aims to develop core and workable perspectives in governance, ethics in governance, and ethics and corporate social responsibility that would be valid across the globe. CSR’s true role as being supportive of corporate governance and ethics is to be recognised. These perspectives when operationalised could be the basis for excellence in governance and in ethical behaviour when organisations, both private and public, choose to ascend the road to excellence.
Issues of concern to society – people, environment and efficiency
The role of organisations and productive enterprises in a democracy
Business ethics in variety of business contexts
Societal ethics, individual ethics
Ethics of government (of the state and policy)
Is there an “absolute” minimalist ethic that can guide us? Ethical philosophies governing humans, organisations, state and society
Consolationist (“religious” philosophies and what they can offer - Indian, Chinese, Christian and Islamic perspectives)
Perspectives on corporate governance
Legal aspects of the corporate governance framework in India
Ethics, the law, and CSR and environmental sustainability – their roles, interrelationships and domains
Senior level and higher middle level besides CEOs, board members, professionals in advisory positions to organisations.
Case discussions, lectures, videos and group work to unravel the ethical and governance aspects in a particular situation.