Stakeholder Engagement for Social Sustainability

Synopsis

This course ESG521 Stakeholder Engagement for Social Sustainability explores business practices that are potentially unsustainable from a societal standpoint and their implications for managerial decision-making. We will adopt the stakeholder view of the firm and carefully examine the different, and at times seemingly conflicting, interests of stakeholders of a business such as customers, suppliers, employees, governments, and the community at large. We will use frameworks to understand how firms can achieve economic goals while being valuable to society and study cases based on local context.

Level: 5
Credit Units: 5
Presentation Pattern: EVERY REGULAR SEMESTER

Topics

Types of stakeholders
Stakeholder theory
Responsibility to stakeholders
Consumer rights and selling practices
Labour practices
Supplier relations
Human rights and community relations
Data security
Competitive behaviour
Business ethics
Sustainability and transparency
Case studies

Learning Outcome

Evaluate the key trade-offs between the shareholder view and the stakeholder view of the firm.
Assess the main social forces that shape the relationships between businesses and their stakeholders.
Appraise the concerns of the different stakeholders of a business using the principles of corporate social responsibility.
Formulate solutions to contemporary concerns of stakeholders in a digital world.
Create shared value by balancing the concerns of multiple stakeholders.
Propose new business models that have the potential to make the world a better place.

Part-time Programmes / CET Courses

Singapore University of Social Sciences

Stakeholder Engagement for Social Sustainability