Post-Graduate Diploma in Management

Business, Government
and Society

Course Owner: V.J Sebastian, Ranjana Agarwal,

Harvinder Singh, Rashmi Agarwal

Institute of Management Technology

Ghaziabad

Course Background and Objectives:

Course Objective:
The aim of the course is to provide students an understanding of the triangular relationship
between the market, the state and civil society, and how globalization has affected this
relationship.
The emphasis of the course will be on studying issues pertaining to transformations in Indias
business environment - political, regulatory, social, cultural and natural environment in which
businesses operate. Students would learn the challenges and opportunities of doing business in
India and to analyze and manage the above business environment factors which impact business.
The frameworks and issues discussed are critical to understanding how firms can be both
financially successful and valuable to society, a concern which is increasingly influencing
managerial decision-making.

Intended Learning Outcomes (ILO):

1. Familiarity with the interplay between Government, Business and Society
2. Develop students understanding of social responsibilities in business context.
3. Ethics and value orientation in a business and societal context.
4. Ability to analyse and manage the non-market environment of business
5. Develop strong moral reasoning among the students and to provide a model for
analyzing the relationship between an organization and its non market stakeholders.

Readings

Business, Government and Society:A Managerial Perspective, Steiner and Steiner, Tata
Mcgraw Hill, 2012
International Business-Society Management: Linking corporate responsibility and
globalization. London: Routledge, Van Tulder, R. and Van der Zwart, A., 2006
Business and Society: Stakeholders, Ethics, Public Policy by Anne Lawrence and James
Weber, 2010
Government and Business, by Richard Lehne, Sage Publication, 2012.
Bangladesh, Politics, Economics and Civil Society, by David Lewis, Cambridge University
Press, 2011
2

Targetting 3 billion by Kalam, A. P. J. and Singh, S.P. Penguin Publishers, 2011.

Business environment by Justin Paul, Tata Mcgraw Hill New Delhi, 2010
Doing Business in India : A guide to Western Managers, by Kumar and Sethi, Palgrave
Macmillan, London, 2005. www.amazon.com

Singur A Case Study By Saibal Bishnu, www.countercurrents.org/bishnu190908.htm

Websites to Visit:
The Schwab Foundation for Social Entrepreneurship: www.schwabfound.org/
Oikos foundation:
www.oikos-international.org/
Skoll Foundation:
www.sbs.ox.ac.uk/
Ashoka Foundation - Innovators for the Public:
www.ashoka.org/
National Association of Social Enterprises, India
www.naseindia.org/
Impact Investment Exchange Asia
www.asiaiix.com

Pedagogy:
Pedagogy includes lectures, presentations, case studies etc. Possibility of field visits/screening of
documentaries will also be explored.
Evaluation:
Class Participation
2 Quiz
Assignment presentation
End-Term Test
Total

To be monitored for all sessions/

10

to be intimated by course faculty

To be announced by APO
19th and 20th Session
As per Academic Calendar

20
20
50
100

Evaluation will consist of an end-term examinations, assignment and quiz and class
participation. The topics for assignment will be decided by the second week of semester.
Evaluation Components in Alignment with Intended Learning Outcomes
Evaluation
Components
Class participation
Case Analysis
Quiz/Class Project
End Sem. Exam

Intended Learning Outcomes (ILO)

ILO 1

ILO 2

ILO 3

ILO 4

ILO 5

AACSB Evaluation:
Evaluation in terms of the AACSB standard ( for AOL sub goal 2.2), through Case Analysis.
Evaluation conducted after Session 16 (Tentative Date - 27 august, 2013)
Case Used for Evaluation The Warhead Cable Test Dilemma / PPGs Corporate Ethics
Programme

Course Outline (session-wise):

Session

Topics to be discussed

Readings

Introduction to BSG
Importance of the course for Managers, Relations

Steiner & Steiner, Chapters

between Business, government, Society, 4 models of

1.

Lawrence and Weber,

Chapter 1, 8

development
2

Steiner & Steiner, Chapters

Role of Business in Society, Business Power, Corporate

and stakeholders
Role of Government in Society (Creating an Kumar and Sethi, Chapter
Institutional Environment, Public goods etc),Govt as a

1,

regulator, Historical perspective

Lehne,

Chapters

Lawrence

1,

and

Weber,

Chapter 8
4-5

Globalisation,
The

Indian

Justin
Economy,

Paradigm

Shifts

due

to

Paul,

12

Impact of Globalisation on Business, Government and

Lawrence

Society

Chapter 7

Non-Market Environment Issues and Interest groups,

Institutions (Social. Welfare, religious, NGO)
Role of Civil society

Corporate
Development

Social

Responsibility

and

Sustainable

Steiner & Steiner, Chapter

Globalisation,

Chapter

and

Weber,

Lewis, D, Chapter 5

Steiner

&

Steiner,

Chapters 5
Lawrence

and

Weber,
4

Session
8

Topics to be discussed
Corporate Governance

Readings
Chapter 3
Steiner & Steiner, Chapters
18
Lawrence

and

Weber,

Environment issues

Chapter 15
Steiner
&

10

(India specific issues)

Business Ethics Issues of Corruption, 3Gscam, Anna

Chapters 13 &14
Steiner & Steiner, Chapters

Hazare movement

7&8
Lawrence

Steiner,

and

Weber,

&

Steiner,

Chapter 5
11

12
13

14

Business in Politics, Indian Politics and political

Process/Society,

Steiner
Chapters 9

Lobbying, participation, Associations

Lawrence

Societal change, Role of middle class , IT revolution

Chapter 9
Kumar and Sethi, Chapter

Business and Media,

2
Lawrence

Role of Social Networking, Facebook and other social

Chapter 20

media

Newspaper and internet

The changing Workplace, Civil rights

updates
Steiner

Women workforce Issues of inclusivity

Chapters 16, 17
Lawrence

15

16
17
18

and

and

&
and

Weber,

Weber,

Steiner,
Weber,

Development through local resources.

Chapter 19
AAROHAN Video Case

The synthesis of Business, govt, and society.

Study

Case on Tribals, issues of land acquisition

Agarwal/Case study on

CSR Industry perspective

land acquisition
TATA STEEL,

PPP model of development ,

PURA model of development, Business possibilities in
rural India,
Conflicts between Business, Government and Society The Case of Leftist states of West Bengal and Kerala/

by

Ranjana

CSR

division
Kalam and Singh
Newspaper readings /
Case study by Saibal

Session

19
20

Topics to be discussed
Crisis Management Situations such as

Readings
anti-

Bishnu

POSCO/Singur etc/ Strikes at Maruti

Project presentations
Project presentations
END-TERM TEST