Module BUSI3241: Corporate Responsibility and Sustainability

Department: Management and Marketing

BUSI3241: Corporate Responsibility and Sustainability

Tied To

• CFG0: Natural Sciences
• CFG1: Natural Sciences with Year Abroad
• CFG2: Natural Sciences with Placement
• FGC0: Natural Sciences
• FGC1: Natural Sciences with Placement
• L103: Economics with Management
• L104: Economics with Management with Placement Year
• L105: Economics with Management with Study Abroad
• LA01: Liberal Arts
• LA02: Liberal Arts (with Year Abroad)
• LA03: Liberal Arts (with Placement Year)
• LMV0: Combined Honours in Social Sciences
• LMVA: Combined Honours in Social Sciences (with Year Abroad)
• LMVP: Combined Honours in Social Sciences (with Placement Year)
• N201: Business and Management
• N203: Business and Management with Placement Year
• N204: Accounting and Management with Placement Year
• N206: Accounting and Management with Study Abroad
• N207: Business and Management with Study Abroad
• N509: Marketing and Management
• N510: Marketing and Management with Placement Year
• N511: Marketing and Management with Study Abroad
• NN42: Accounting and Management

Pre-requisites

Corequisites

Excluded Combinations

Aims

• This module provides a foundation upon which students can build their understanding of and ability to critique the role of business in society from a critical political economy perspective. It draws on a wide range of sources for the critical analysis of corporate social and environmental responsibilities and engages participants in debate about contemporary ethical issues and related business practices. It equips participants to apply a range of relevant theories and concepts to processes for managing corporate responsibilities, and critically evaluate proposals for rethinking and reforming business

Content

• Introducing CR: Why Corporate Responsibility?
• Ethics, Responsibility and SustainabIlity: A Critical Political Economy Approach.
• Business in a Stakeholder Society and the Reform of Corporate Governance.
• Business Ethics, AI Ethics and Technomoral Wisdom.
• Sustainability Imperatives: SDGs, ESG, Green New Deal & AI for Good.
• The Sharing Economy, the Zero Marginal Cost Society and Business Model Innovation:
• Responsible Leadership, Decision-Making, Operations and HRM.
• Responsible Marketing, Sustainable Supply Chain Management and Fair Trade.
• Responsible Financial Management and Accounting: Integrated Reporting and Impact Investing.
• The Future of the Corporation in the Age of Surveillance Capitalism and a VUCA Environment.

Learning Outcomes

• To understand and critique the role and purpose of business in society from a critical political economy perspective.
• To understand ethical theory at a basic level and be able to apply it to analysing ethical issues relevant to business organisations. To understand ethically aligned design of AI and decision-making in a business context.
• To understand the nature of responsibility in business organisations and apply this analysis to different stakeholder groups.
• To understand and critique processes for managing corporate responsibility and sustainability.
• To engage with rethinking and reforming business practices aimed at a more innovative, sustainable and inclusive economic system.

• Application of ethically aligned design and decision-making in an organisational context.
• Integration of corporate responsibility throughout an organisation.
• Critical evaluation of relevant theories, concepts, models and initiatives aimed at promoting corporate responsibility.
• Exploration of alternative futures and changes in business management thinking and practices required to shape a more innovative, sustainable and inclusive economic system.

• Research appropriate periodicals, websites, books, reports and social media to draw together required information.
• Synthesise relevant information drawn from a range of sources and present it in a coherent argument.
• Consider issues from a range of perspectives and draw upon appropriate concepts/methods for purposes of critical evaluation.
• Think laterally and innovatively, to develop original approaches in defining and solving problems.
• Prioritise tasks, manage and achieve results on time, working collaboratively if required, and manage constraints.
• Construct well written/presented assignments, using the most appropriate style for their design and delivery.
• Openly listen to and engage with alternative perspectives without prejudice, and question assumptions and unconscious biases.
• Seek, store, retrieve, synthesise, understand and present information in ways appropriate to the task, including the use of computer applications to the level required as appropriate.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Teaching is by lectures and seminars. At least one external speaker will be invited to provide a practitioner perspective. Learning takes place through attendance at lectures, preparation for and participation in seminars (including a formative assignment group seminar presentation), and private study.
• Formative assessment is by means of an individual assignment.
• Summative assessment is by means of an individual assignment. The individual assignment is designed to provide students with an opportunity to demonstrate their understanding of the complexity and interrelationship of concepts and issues and their ability to relate what they have learned to relevant literature and draw on that, with relevant examples of business practice, to support their argument and discussion.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

One individual assignment and a group seminar presentation.