Social-Ethical-Regulatory Issues in Business (Section 1) [CRN 79516]

Discipline: Business
Instructor: Talesh
Credits: 3
Day: B
Start: 0800
End: 0920
Field Work: Day 1 | September 27, 2017 | Ghana
Prerequisites: None Download Syllabus

This course explores the social, ethical, and regulatory challenges businesses face across the world.  We will focus on the interplay of law and competitive markets insofar as that interplay affects the actual working responsibilities of managers and business professionals. We will explore how laws and regulations influence business behavior and simultaneously, how businesses influence legislation and regulation.  In so doing, we will study numerous writings in the field of legal reasoning and the law.  We will focus on the social, ethical and regulatory issues that drive businesses to comply with laws, not comply with laws, go beyond compliance, or sometimes even shape the meaning of compliance.  These theories will be explored in the context of a wide range of countries in which businesses face social, ethical and regulatory challenges.  The object of this course is develop students’ analytical skills when dealing with interdisciplinary perspectives of business issues. The course will emphasize a practical approach to the examination of business as a fundamental institution in all societies and its relationship with the turn toward globalization. We will analyze various legislative, regulatory and judicial actions aimed at dealing with perceived inadequacies. In doing so, this course will introduce students to a broad range of interdisciplinary issues encountered by managers and business professionals, challenge students to think critically about corporate social responsibility, and help students develop a set of analytical perspectives for making judgments when such issues arise.

Field Work

Country: Ghana
Day: 1
Date: September 27, 2017

We will closely examine the Akosombo dam in Ghana as a case study into the social, ethical and regulatory challenges that businesses face, with an eye toward corporate social responsibility.  This dam created the largest man-made lake in the world, Lake Volta.  The associate hydroelectric project generates approximately 1 gigawatt of electrical power.  The construction of the lake displaced approximately 80,000 people and greatly influenced the environment.  This dam has had positive and negative effects and has impacted businesses, the people and the government.  The trip would have three components.  First, we would visit the Seth research unit, which is a state fishery for Tilapia breeding.  We will discuss and evaluate the pros and cons associated with fish farming.  Then, we will visit the actual Akosombo dam.  We will receive a guided tour where students will be able to ask questions as they learn more about the dam.  Finally, we will visit a local village that had been displaced by the dam and get their perspective on dam.

The class assignment for the day would be to try to gain as much knowledge as possible about the pros and cons of the Akosombo dam on business, the environment, and the people.  We will also pay careful attention to the role that government and law play in facilitating the development of the Akosombo dam.

Learning Objectives:
1. To explore the role that business plays in shaping Ghana’s water and energy policy, and the Akosombo Dam in particular.
2. To examine the social, ethical and regulatory impact of the Akosombo Dam on the people and environment.
3. To explore the role that government and legal regulations play in facilitating the development of the Akosombo Dam.