This course examines the responsibilities of the manager in today’s market-oriented globalized society.
The learning goals of this course are:
1. To recognize the scope of managerial agency as covering economic, legal and ethical responsibilities
2. To conduct elementary ethical analyses using the principal schools of ethical reasoning
3. To recognize the market mechanism as a part of society rather than apart from it, and to understand the necessity of regulation for the successful functioning of a market
4. To understand the historical rationale for the corporate form as well as competing contemporary conceptions of the corporation such as the shareholder and stakeholder models
5. To examine managerial responsibilities to primary stakeholder groups such as investors, employees, and customers
6. To examine managerial responsibilities to the broader society such as commitments to human rights and environmental sustainability
7. To examine political-economic systems and governance structures that promote the carrying out of these responsibilities
8. To recognize ethical leadership as the exercise of managerial agency in changing existing values and practices and to develop personal goals for ethical leadership.