Study-Unit Description

Study-Unit Description


CODE MRT5202

 
TITLE Ethical Issues in the Regulation of Business

 
UM LEVEL 05 - Postgraduate Modular Diploma or Degree Course

 
MQF LEVEL 7

 
ECTS CREDITS 5

 
DEPARTMENT Moral Theology

 
DESCRIPTION This study-unit will examine in detail the relationship between law and ethics with special attention being granted to the concept and moral dimension of regulation and the moral and legal role of regulators. Issues to be highlighted in this course include the protection of the vulnerable and disadvantaged, the ethical obligation of competence, consumer legislation, corporate and financial legislation and practice, whistle-blowing and the moral dilemma of mixed loyalties and conflicts of interest.

This study unit will consist partly of lectures and partly of regular course work which will be assigned to students during the course. Typical course work would include be preparing brief presentations on a pre-agreed topic. Students will accordingly be involved in the learning processes as direct protagonists.

Study-unit Aims

- To analyze the relationship between law and ethics and to develop sensitivity to the ethical dimension of business activity
- To better understand the role of regulators and the various moral risks involved in regulated, self-regulated and non-regulated business activities
- To consider various case studies on business behaviour and evaluate the moral implications

Learning Outcomes

1. Knowledge & Understanding: By the end of the study-unit the student will be able to:

- assess and address the moral dimension of business and the ethical challenges that such activities have presented in the past and will continue to present in the future
- understand the inter-playing roles of law, regulation, ethics and business.

2. Skills: By the end of the study-unit the student will be able to:

- assess and anticipate the practical impact and significance of the need for moral vigilance in business operations and corporate governance in day to day experience.

Main Text/s and any supplementary readings

Books

- Ross Cranston, Regulating Business: Law and Consumer Agencies, Oxford Socio-Legal Studies, 1979
- George Gillingan, Regulating the Financial Services Sector, Kluwer Law International, 1999
- Stanley Adams, ROCHE versus ADAMS, Jonathan Cape, 1984
- David Lewis (Ed), Whistleblowing at Work, The Athlone Press, 2001
- Cicero, Selected Works, trans. Grant M Penguin, (1960) (especially chapter 4)
- Valance E., “Business Ethics at Work”, Cambridge, 1995

Papers and articles

- David Fabri, "No more heroes any more? The Whistleblowing Dilemma: Recent Developments and a fresh look at some conceptual issues", Id-Dritt, Vol XX, Law Students' Society, University of Malta, 2009

- David Fabri, "My Brother’s Keeper - The Genesis and Ethical Basis of Consumer Law (Notes from a Maltese Perspective)”, Civil Society Project Report 2007, in European Documentation and Research Centre, Peter G Xuereb (ed), University of Malta

- Handouts and other relevant materials and will be circulated during the study-unit

 
ADDITIONAL NOTES Pre-requisite qualifications: A good undergraduate degree or equivalent

 
STUDY-UNIT TYPE Lecture and Independent Study

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Presentation Yes 40%
Assignment Yes 60%

 
LECTURER/S David Fabri

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit