Brief overview of ethics philosophies (teleology, deontology, justice theories, ethical relativism - what constitutes good governance in the corporate world - stakeholder and stockholder theory - the social duty versus the economic duty of business - implications of Friedman's theory - individual ethics versus corporate ethics - difference between codes of ethics and the legislation - how to distinguish between right and wrong behaviour - why moral questions arise in the business corporation - bribery in the context of business - gifts versus bribes - implications of gifts in the corporate world - why there is an ongoing debate on whether ethics can or should be taught - profit maximisation v/s other corporate objectives - personal v/s corporate ethics - whistle blowing - impact of poor governance on business.
