Importance of BGS to Managers – Models of BGS relationships – MarketCapitalism Model, Dominance Model, Countervailing Forces Model andStakeholder Model – Global perspective – Historical Perspective
Historical Forces changing the Business Environment – Key environments ofBusiness – Power dimensions of Business – Theoretical perspective –Sociological perspective
Introduction, Definition, Market model and control model, OECD oncorporate governance, A historical perspective of corporate governance,Issues in corporate governance, relevance of corporate governance, need andimportance of corporate governance, benefits of good corporate governance,the concept of corporate, the concept of governance, theoretical basis forcorporate governance, obligation to society, obligation to investors,obligation to employees, obligation to customers, managerial obligation,Indian cases
The role of public policies in governing business, Government and publicpolicy, classification of public policy, areas of public policy, need for publicpolicy in business, levels of public policy, elements of public policy, thecorporation and public policy, framing of public policy, business and politics-levels of involvement, business, government, society and media relationshipgovernment regulations in business, justification of regulation, types ofregulation, problems of regulation
History of environmentalism, environmental preservation-role ofstakeholders, international issues, sustainable development, costs and benefitsof environmental regulation, industrial pollution, role of corporate inenvironmental management, waste management and pollution control, keystrategies for prevention of pollution, environmental audit, Laws governingenvironment
Meaning of ethics, business ethics, relation between ethics and businessethics, evolution of business ethics, nature of business ethics, scope, need andpurpose, importance, approaches to business ethics, sources of ethicalknowledge for business roots of unethical behavior, ethical decision making,some unethical issues, benefits from managing ethics at workplace, ethicalorganizations
Types and nature of social responsibilities, CSR principles and strategies,models of CSR, Best practices of CSR, Need of CSR, Arguments for andagainst CSR, CSR Indian perspective, Indian examples
Law of contract, meaning of contract, agreement, essential elements of avalid contract, classification of contracts, proposal and acceptance, freeconsent, void agreementsNegotiable instruments act 1881: Nature and Characteristics of Negotiableinstruments, Kinds of Negotiable Instruments – Promissory Notes, Bills ofExchange and Cheques. Parties to Negotiable Instruments, Negotiation,Presentment, Discharge and Dishonor of Negotiable Instrument, Law ofagency, Bailment & Pledge:Sale of goods act 1930: Definition of Sale, Sale v/s Agreement to Sell,Goods, price and Time, Condition and Warranties, Express and ImpliedCondition, “Doctrine of Caveat Emptor”, Performance of Contract of sale,Right of Unpaid Seller.Intellectual property law, law relating to patents, law relating to copyrights,law relating to trade mark