Ljubljana, Slovenia

Critical Perspective on Business Ethics

online course
when 5 July 2021 - 23 July 2021
language English
duration 3 weeks
credits 7 EC
fee EUR 500

In 2020, the Covid-19 pandemic has revived the debate about the role of ethics in our society. For instance, utilitarian, Kantian and virtue ethics concepts have been discussed when it comes to the question of matching limited medical resources (ventilators) to patients. Moreover, decision makers are publicly discussing about finding the right balance between protecting risk-patients vs. protecting the economy. Also, concepts of corporate responsibility appear to play a role during the pandemic. Companies such as Novartis has initiated a portfolio of “not-for-profit medicines”, targeting low-income patients with Covid-19 symptoms.

The course will deal with the question of who is responsible for the ethical behavior in business. The dominance of US based literature has suggested the concept of Corporate Social Responsibility as the main doctrine. However, considering the historical, economic and political context – the situation in Europe is fundamentally different. Unlike in the United States, the question of philanthropy plays only a minor role in Europe. On the other hand, the question of social, legal, environmental, and economic responsibility – within the context of a welfare state – dominates daily business life. The course will therefore take a more holistic approach – and concentrate on the question of how Corporate Responsibility has to be handled in an international context. Moreover, it will deal with the question if CSR should be considered as a panacea, as a parasite or as a propaganda tool. The main focus will be on stakeholder theories, as well as on the role of NGOs, consumer perception, and the government.

Course leader

HUETTINGER Maik, ISM University of Management and Economics, Vilnius, Lithuania

Target group

Master students and Bachelor students in their final year of study

Course aim

The aim of the course is to raise awareness for the participants that corporations have a responsibility towards all stakeholders – not just towards increasing shareholder value. The drivers of CSR will therefore be discussed in an international and intercultural context. Each of the session consist of a lecture and an interactive case study (either video or paper case).
After taking this course, students shall understand the forces which are driving ethical and unethical behavior in the European context. Moreover, critical thinking and problemsolving skills shall be developed, which shall help to apply ethical concepts in practical business situations.

Credits info

7 EC
Certificate of Attendance: awarded at the end of the summer school to all students who complete the 3-week programme.
Transcript of records (with credits and grades): awarded only to students who complete all course obligations and pass the final examination.

Fee info

EUR 500: What is included?

- tuition for online synchronous lectures and access to all course materials/software/platforms;
- non-refundable registration/administrative fee,
- Certificate of Attendance and Transcript of records;
- professional administrative support before, during and after the programme;
- some organized activities during the programme to foster the intercultural experience.