Business Ethics and Social Responsibility

This course is aimed for students to understand and be able to apply business ethics and principles of corporate social responsibility. During the course the students learn the links between business ethics and corporate social responsibility, the principles and their evolution, causes and consequences of business ethics and corporate social responsibility in the national and global environment. Conceptual frameworks and tools are provided to understand and assess components of corporate social responsibility and different models of interaction between corporations, governments, and non-governmental organizations. It combines lectures, case studies, class discussions and group assignments.

To teach students to understand the content, decisions, consequences and them influencing factors of business ethics and corporate social responsibility in national and international context and apply the principles of good practice in business ethics and corporate social responsibility.

Fundamentals of Management

1. Business ethics concept and evolution. 2. Business and society: interest groups and their interests. 3. Formation of business ethics. 4. Business ethics principles in organizations. 5. Business ethics problems and their analysis. 6. Business ethics means and their communication. 7. Business ethics and etiquette. 8. Corporate social responsibility concept, content, the reasons of formation, benefits and consequences. 9. The role of society in corporate social responsibility and crisis management 10. Corporate social responsibility and corporate strategy. 11. Corporate social responsibility‘s reporting. 12. Management of corporate social responsibility. 13. Corporate social responsibility‘s trends and challenges.

The student explains at least half of links between business and public interest, their determinants and trends. The student interpret correctly at least half of principles of business ethics and their formation in different specific organizational context. The student analyses correctly at least half of ethical business practices and means in Lithuanian companies and global context. The student applies correctly at least half of business ethics and means for solving of specific ethical problems and their prevention. The student differentiates at least half of moral and financial benefits and consequences of corporate social responsibility. The student selects at least half of appropriate activities and means of corporate social responsibility in accordance with the company’s strategy. The student analyses correctly at least half of practices and means of socially responsible business in Lithuanian companies and global context.