Corporate Social Responsibility BUS 3003 Fall 2005 Tuesday (6:30 - 9:00 pm) Library Room 2 Instructor: Jacob Park Office: Moses 156 Office Hours: Mon. & Thurs. 12:15 - 2:00 pm and by appointment Tel: 287 - 8326 E-mail: parkj@greenmtn.edu ______________________________________________________________________________ Course Overview In a world economy that is becoming increasingly integrated and interdependent, the relationship between business and society is becoming ever more complex. The globalization of business, the emergence of social advocacy groups in the U.S. and worldwide, and new governmental regulations have significantly altered the nature of strategic decision making within small-medium sized enterprises as well as large multinational corporations. This course provides an overview of business strategy and its important links to society and stakeholders. Using contemporary business case studies, the course will address such issues and questions as: can and to what degree business enterprises provide different levels of leadership, including - individual, organizational, and societal? How can the concept of corporate citizenship operate within the traditional framework of business strategy? Is there (or should there be) a tradeoff between profits and ethical business practices/corporate social responsibility? Course Learning Objectives • Gain a deeper exposure to the complex interdependent relationship between business and society new analytical understanding of business-society linkages and community-based business strategies • Develop Course Grading Your final grade will be based on two written assignments (40 percent); class contribution & participation (30 percent); and final project write-up/presentation (30 percent) Course Text/Materials Lawrence, Anne et al, Business and Society: Stakeholders, Ethics, and Public Policy (11th Edition) New York: McGraw-Hill, 2005 Extensive supplemental case studies and course materials/handouts, and video presentations will be provided in class. Course Policies This class meets once a week, which makes it even more critical that you fully participate in the all aspects of the class. Any absence(s) from, being late, and/or unprepared to class will all be factored in determining your final grade for the class. Course Schedule Part One: The Corporation in Society August 30th (Tuesday @ 6:30 PM unless otherwise stated and/or there is a prior announcement) Readings: Chapters 1 (“The Corporations and Its Stakeholders”), pg. 2-19 and 2 (“Public Affairs Management”), pg. 22-39 in Business and Society • Case Study: Odwalla Inc., and the E.Coli Outbreak (Business and Society, pg. 421-431) Part Two: Business and the Social Environment September 6 Readings: Chapters 3 (“Corporate Social Responsibility”) in Business and Society; “What’s a Business For?”, Harvard Business Review, December 2002, pg. 49-55 (to be distributed in class) • Case Study: Malden Mills Inc. (to be distributed in class) September 13 Readings: Chapters 4 (“Corporate Citizenship”), pg. 62-76 in Business and Society; Chapter 1 (“The Case for Doing at Least Some Good”) in Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause (to be distributed in class) • Case Study: Green Mountain Coffee Roasters/Fair Trade Coffee (video to be shown in class) Case Study: Ben and Jerry’s Homemade Inc. (to be distributed in class) Part Three: Business and the Ethical Environment September 20 • Reading: Chapters 5 (“Ethical Issues in Business”), pg. 88-99 Case Study: Out of Control at Adelphia (Business and Society, pg. 308-310) Case Study: The Collapse of Enron (Business and Society, pg. 408-420) FIRST WRITING ASSIGNMENT DUE (SEPTEMBER 20) Part Four: Business and Government in a Global Society September 27 Readings: Chapter 7 (“The Challenges of Globalization”), pg. 126-142 in Business and Society; “Selling to the Poor”, Foreign Policy, May/June 2004 (to be distributed in class) • Case Study: Conflict Diamonds (Business and Society, pg. 144-145, and other additional supplemental readings will be distributed in class) October 4 Case Study: Shell in Nigeria: Corporate Social Responsibilities and the Ogoni Crisis (to be distributed in class) Case Study: GlaxoSmithKline and AIDS Drug for Africa (Business and Society, pg. 464-470) FINAL PROJECT/PRESENTATION PROPOSAL DUE (OCTOBER 4) October 11 FALL BREAK, NO CLASS Part Five: Business and Technological Challenge October 18 Readings: Chapters 13 (“Technology: A Global Economic-Social Force”), pg. 251-267 and 14 (“Managing Technological Challenges”), pg. 268-286 in Business and Society • Case Study: File-Sharing Music: Legal? Ethical? (Business and Society, pg. 286-288 and supplemental reading materials to be distributed in class) Part Six: Building Relationships With Stakeholders October 25 Readings: Chapters 8 (“Business-Government Relations”), pg. 146-163 and 10 (“Antitrust, Mergers, and Competition Policy”), pg. 188-205 in Business and Society • Case Study: The Antitrust Case Against Microsoft (Business and Society, pg. 454-463) SECOND WRITING ASSIGNMENT DUE (OCTOBER 25) November 1 Readings: Chapters 17 (“The Community and the Corporation”), pg. 330-347; Chapter 7 (“Community Volunteering: Employees Donating Their Time and Talents”) in Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause (to be distributed in class) • Case Study: Timberland and Community Involvement (to be distributed in class) November 8 Readings: Chapter 18 (“Employees and the Corporation”), pg. 349-366 in Business and Society; “The Path to Corporate Responsibility”, Harvard Business Review, December 2004 • Case Study: Xilinx, Inc. (to be distributed in class) Case Study: Sweating the Swoosh - Nike, Globalization, and the Question of Sweatshop Labor (to be distributed in class) FINAL PROJECT/PRESENTATION OUTLINE DUE (NOVEMBER 8) November 15 Readings: Chapter 15 (“Stockholder Rights and Corporate Governance”), pg. 290-308 in Business and Society; supplemental reading materials will be distributed in class for this topic • Case Study: Columbia/HCA and the Medicare Fraud Scandal (Business and Society, pg. 432-442) November 22 (Thanksgiving Recess Begins After Tues. Night Classes) • • Readings: Chapters 20 (“Business and the Media”), pg. 389-404 in Business and Society Final Project Update/Review Case Study: Two Different Public Relations Strategies – Bridgestone/Firestone and Ford (Business and Society, pg. 404-406) November 29 • Practice Presentations & Final Project Update/Review December 6 • Class Presentations December 12 (Monday): 6:00-8:00 PM • • Class Presentations DUE: Final Project/Case Study Analysis Write-up