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IÉSEG School of Management ( IÉSEG )

Code Cours :



Niveau Année de formation Période Langue d'enseignement 
Professeur(s) responsable(s) COLLE
Intervenant(s)Julie BAYLE-CORDIER Frank DE BAKKER Tapiwa SEREMANI Maria CASTILLO Guillaume MERCIER Simone DE COLLE (course coordinator)

Objectifs du cours

1. Display a systematic understanding of the three main Business Ethics theories (Deontology, Utilitarianism and Virtue Ethics)
2. Demonstrate a critical understanding of the purpose of business, reflecting the different approaches (Shareholder Value Maximization and Stakeholder theory)
3. Apply a range of appropriate ethical theories to analyze ethical issues in business decisions
4. Give evidence of an in-depth ethical analysis of one particular business decision by completion of a Group project
5. Identify and analyze the ethical issues that arise in other IÉSEG courses and student projects

Contenu du cours

The course introduces the main concepts of business ethics and their relevance for managerial decision-making. It provides a methodology for the identification, analysis and resolution of ethical dilemmas in business-related decisions. Business Ethics - and in particular Stakeholder Theory - offers a critical view on the purpose of business, traditionally seen as “to maximize shareholder value”. Students will discuss critical approaches on the purpose of business coming from strategy, economic theory and corporate law. They will also be invited to reflect on the role of business schools to educate future managers and entrepreneurs .
Students will discuss the main Normative ethical theories (deontology, utilitarianism and virtue ethics), which are prescriptive theories (indicating us what is the action that we ought to do, and explore their meaning for today’s strategic management. Then, they will examine the role of Descriptive ethical theories, which are empirically based explanations of human behavior - what human beings really do.

Modalités d'enseignement

Organisation du cours

TypeNombre d'heuresRemarques
Cours interactif16,00  
Lecture du manuel de référence12,00  
Travail personnel
Group Project8,00  
Charge de travail personnel indicative8,00  
Charge de travail globale de l'étudiant50,00  

Méthodes pédagogiques

  • Exposés
  • Recherche
  • Projet
  • Cours interactif
  • Etudes de cas


There will be 4 main assessment elements:
- class contribution (25%)
- A final exam including MCQ (25%) and some short essay questions (25%)
- A group Project on the analysis of an ethics dilemma in Movies

Type de ContrôleDuréeNombrePondération
Contrôle continu
Examen (final)
Examen écrit0,00025,00
Projet Collectif0,00125,00
TOTAL     100,00


  • “Introduction to ethical reasoning" - Donaldson & Werhane

    (2008), in Donaldson, Werhane & Cording, Ethical Issues in Business. A Philosophical Approach, 7th Edition, Prentice Hall (2002) (COPIES AVAILABLES IN THE LIBRARY)

  • “How (Un)ethical Are You?” - Banaji, Bazerman & Chugh

    (2003), Harvard Business Review

  • “How business schools lost their way - Smith & Van Wassenhove

    (2010), BusinessWeek, January 11

  • “Ethics, Stakeholders, Corporate Strategy, and Value Creation” in Wicks, Freeman, Werhane & Martin -

* Informations non contractuelles et pouvant être soumises à modification
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