MNMGT514-21B (HAM)

Business Ethics and Managing Risk

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Lecturer(s)

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: maxine.hayward@waikato.ac.nz

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: nat.enright@waikato.ac.nz
: yilan.chen@waikato.ac.nz

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Paper Description

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The MNMGT514-21B Business Ethics and Managing Risk paper enables students to develop an understanding of important issues with regards to ethical decision making behaviour of corporates and how their behaviour can impact on the level of risks that they subsequently carry in their business activities.
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Paper Structure

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Students will employ multiple methods for developing their understanding of business ethics and managing risk. Students will work individually as well as in teams to analyse case study materials. Students will also work with written and digital communication media to develop videos to present to their peers during class sessions.
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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • Students who successfully complete this paper should be able to:
    1. explain the importance of ethical issues in promoting professional management within the frameworks of professional body guidelines and work to redress any deviant behaviour with the profession's guidelines;
    2. discuss cross-cultural, sexual and ethnic components of organisational and community practices;
    3. use ethical leadership skills to promote specific objectives in the organisation; and
    4. apply a risk management approach in business situations, including risk identification, risk measurement, and risk management (or mitigation).
    Linked to the following assessments:
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Assessment

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. In Class Activities
25
  • In Class: In Workshop
2. Group Video Presentation
9 Sep 2021
4:00 PM
25
  • Presentation: In Class
3. Test 1
19 Aug 2021
4:00 PM
25
  • In Class: In Lecture
4. Test 2
15 Oct 2021
1:00 PM
25
  • In Class: In Workshop
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Introducing Straight Talk about Managing Business Ethics: Where We're Going and Why. Chapter 1 Extracted from Trevino, L.K. & Nelson, K.A. (2017). Managing Business Ethics: Straight Talk about How to do it right, 7th Edition, Wiley, USA.

Ethics: Managing for Moral Excellence, Chapter 5 Extracted from Laasch, O. & Conaway, R.N. (2015). Principles of Responsible Management: Global Sustainability, Responsibility, and Ethics, Cengage, USA.

Ethical Behaviour - Philosophers' Contribution, Chapter 3 Extracted from Brooks, L. & Dunn, P. (2018). Business and Professional Ethics for Directors, Executives & Accountants, 9th Edition, Cengage, USA.

Ethical Decision Making, Chapter 5 Extracted from Collins, D. (2012). Business Ethics: How to Design and Manage Ethical Organisations, Wiley, USA.

Managing Business Ethics, Chapters 10 and 11 Extracted from Shaw, W.H., Barry, V., Issa, T., Catley & Muntean, D. (2016) Moral issues in Business, 3rd Asia-Pacific Edition, Cengage, Australia.

Whistleblower or witness? Chapter 7 Extracted from Fisher, C. & Lovell, A. (2009). Business ethics and Values: Individual, Corporate and International Perspectives, Third Edition, Prentice Hall, England.

Creating an Ethical Organisation Environment and Effective Corporate Governance Systems, Chapter 3 Extracted from Mintz, S.M. & Morris, R.E. (2014). Ethical Obligations and Decision Making in Accounting: Text and Cases, Third Edition, McGraw Hill Education, USA.

Business Ethics and enterprise risk, Chapter 5 Extracted from Tricker, B & Tricker, G. (2013). Business Ethics: A stakeholder, governance and risk approach. Proquest Ebook Central

Risk Management, Chapter 1 Extracted from Waring, A. & Glendon, A.I. (2001). Managing Risk: Critical issues for survival and success for the 21st Century, Thomson Learning, UK

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Recommended Readings

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The recommended textbook for the part "Financial Risk Management" is Anthony Saunders and Marcia Millon Cornett, “Financial Institutions Management: A Risk Management Approach”, 9th Edition, McGraw-Hill, 2018.

Credit Risk Management: Ch10

Liquidity Risk Management: Ch12

Foreign Exchange Risk Management: Ch13

You can read this textbook online from https://ebookcentral-proquest-com.ezproxy.waikato.ac.nz/lib/waikato/detail.action?pq origsite=primo&docID=5471217

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Online Support

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If you require online support for Moodle pleas email ITS at: itshelp@waikato.ac.nz
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Workload

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As advised in the Paper Outline
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Linkages to Other Papers

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This paper builds on the core business knowledge that students have developed in the business fundamentals papers in the BMS(Hons), and is complementary to the discipline-specific content in their major/s. It forms part of the interdisciplinary general management content of the BMS(Hons).
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