ENTREPRENEURSHIP, ETHICS & CORPORATE GOVERNANCE

Course objective: Interest in entrepreneurship has never been higher than it is at the beginning of the 21st century. The course deals with entrepreneurship on conceptual basis will help provide students with thorough grounding in the concepts and principles of entrepreneurship, and its role in the development of small businesses. It attempts to give the students an insight into what drives entrepreneurship behaviours; the barrier faced by them and equips them with the tools and techniques of copeing in their role as an entrepreneur and creating their own ventures.

Requirements
Class Preparation The syllabus provides a set of readings from the textbook, assigned problems, and case discussion questions. The assignments include all the topics covered in each Class sessions. The cases illustrate how these principles are used while addressing a management problem. I expect each student to be prepared to answer each assigned problem and case question. Class attendance All of you are expected to attend the classes regularly. If, due to some genuine reason you cannot attend the class you should notify me in advance. Guiding Principle To guarantee you the full opportunity for maximum learning from the class sessions, the following ground principles apply: 1. Looking at concerned notes, handouts, problem sets before attending the classes is a positive thought.

2. Discussion of the related topics, theories are strongly encouraged with other students in the class. 3. The students are expected to update themselves only then they will have a thorough grounding in to various aspects of entrepreneurial development. They should also keep themselves abreast of the changing environment, the changing scenario of entrepreneurial practices in India. 4. You will not be provided slides of Power Point Presentations being used by the faculty.

Electronic Gadgets Policy: Electronic gadgets like calculators & Laptops are allowed during the class sessions.

LECTURE PROGRAMME (Tentative)

Units Topics Overview Entrepreneurship: Definition of Entrepreneur, Entrepreneurial motivation and barriers; Internal and external factors; Types of entrepreneurs; Intrapreneurship, Innovation & Creativity Lectur es require Readings d 08 Text book, Notes dictated, Study Material.

08 Creativity and Entrepreneurial Plan: Idea Generation, Screening and Project Identification, Creative Performance, Feasibility Analysis: Economic, Marketing, Financial and Technical; Project Planning, Evaluation, Monitoring and Control, segmentation, Role of SIDBI in Project Management.

Text book, Notes dictated, Study Material.

06 Institutional support for new ventures: Supporting organizations; Incentives and facilities; Financial Institutions and Small-scale Industries, Govt. Policies for SSIs Venture Capital: Nature & overview Venture capital process

Text book, Notes dictated, Study Material.

8 Family and non-family entrepreneurs: Role of Professionals, Role of Woman entrepreneur, Sick industries, Reasons for Sickness, Remedies for Sickness, Bank Syndications. 4. Business Ethics: Meaning and Definition Importance of Ethics in business Factors governing Business Ethics Encouraging Ethical Behaviour Codes of Ethics Codes of Conduct Policies and Procedures

Text book, Text books, Notes dictated, Study Material. Students are advised to go for reading business magazines and newspapers

08 Corporate Governance: Need and Issues of Corporate Governance Code Fundamental principles of Corporate Governance Mechanism of Corporate Governance Accountability & financial aspects - Role of Chairman, board of directors and shareholders and Secretary SEBI Code of Corporate Governance The internal and external institutions of Corporate Governance

Text books, Notes dictated,

Journals

ASSESSMENT POLICY:

The assessment will be done on the basis of over all performance in the class room (internal assessment) as well as in the examinations (End trimester). The internal assessment component will count for 50 marks of the overall 150 marks for the course and of these 50 marks:
10 Marks for the Attendance 20 Marks for class Test/s 15 Marks for term presentations 05 Marks for overall Behavior

Recommended Textbooks
1) 2) 3) 4) 5) 6) 7) 8) Dynamics of Entrepreneurial Development and Management- Vasant Desai Entrepreneurship Development- Taneja Gupta Dollinger M J- Entrepreneurship (Prentice-Hall, 1999) Donald & Richard- Entrepreneurship Holt - Entrepreneurship: New Venture Creation (Prentice-Hall) 1998. Entrepreneurship- Robert D. Hisrich Business Ethics and Managerial Values (Deep & Deep Publications Pvt.Ltd, 2000) - S.K. Bhatia