Business ethics, compared to other subjects, is relatively new within both corporations and academia. There have been controversial views about the necessity of ethics and morality in business environments as it is widely accepted that the goal and responsibility of a business is to maximize profits and returns and that laws and regulations should be sufficient to govern business behavior. However, with globalization and the development of new technologies, evidence has shown that we may need business ethics more than ever.
We will introduce in this course the concept and principles of business ethics. Students will learn about the emerging ethical issues in business and how moral values and standards may be involved in the business decision-making process. They will also develop the knowledge and tools needed to better understand and critically analyze why businesses and individuals, when faced with moral dilemmas, make particular decisions as they do.