Corporate Social Responsibility (in English)
- Credits: 4
- Ending: Examination
- Range: 2P + 2C
- Semester: summer
- Year: 3
- Faculty of Business Management
Teachers
Included in study programs
Teaching results
Knowledge:
After completing the module, students should be able to:
• understand that performing responsible business is the standard economic activity of a company,
• solve any economic problems in parallel with the liability requirements,
• be familiar with the ethical minimum of responsible business – basic legislation,
• master existing systems of standards, initiatives, and indices of responsible business,
• navigate through the system of domestic and international institutions providing guarantee and support for responsible business,
• master the basic methodology of controlling and reporting of responsible business,
• use a functioning system of responsible business to increase the company’s credibility more successfully.
Competence:
• apply theoretical knowledge of general ethics creatively and understand the essence of ethical principles used in common practice,
• be able to navigate themselves through an ethical minimum – essential legislation concerning the company and a specific group of stakeholders,
• understand the context between business ethics and responsible business and be able to identify them in practice,
• evaluate the relevance of the information in integrated reports on ethical behavior for each stakeholder group,
• analyze and solve any economic problem in line with its ethical side.
Skills:
After completing the module, students should be able to:
• master the analysis and evaluation of the specifics of the system of the corporate social responsibility in Slovakia and abroad,
• propose a basic procedure for the institutionalization of responsible business,
• analyze, evaluate, and recommend solutions for unethical behavior of the company, according to the problems of stakeholder groups,
• design and prepare a simple report on responsible business according to real up-to-date information from the company,
• argue factually and professionally based on acquired knowledge and adopted techniques
Indicative content
Thematic definition of lectures:
Week 1: Fundamental Principles of Corporate Social Responsibility
Week 2: Basic Principles of Stakeholder Theory
Week 3: Social System of Support for Responsible Entrepreneurship
Week 4: The Essence of Responsible Entrepreneurship
Week 5: Institutionalization of Responsible Business
Week 6: Responsible Business in Relation to Human Capital
Week 7: Responsible Business in Relation to Consumer Protection
Week 8: Responsible Business in Relation to the Community
Week 9: Responsible Entrepreneurship in Relation to the Environment
Week 10: Responsible Entrepreneurship and International Relations
Week 11: Corporate Governance and Management of Responsible Business
Week 12: Responsible Business Management and Reporting of Responsible/ESG Business I.
Week 13: Responsible Business Management and Reporting of Responsible/ESG Business II.
Thematic definition of exercises:
Week 1: Fundamental Principles of Corporate Social Responsibility
Week 2: Basic Principles of Stakeholder Theory
Week 3: Social System of Support for Responsible Entrepreneurship
Week 4: The Essence of Responsible Entrepreneurship
Week 5: Institutionalization of Responsible Business
Week 6: Responsible Business in Relation to Human Capital
Week 7: Responsible Business in Relation to Consumer Protection
Week 8: Responsible Business in Relation to the Community
Week 9: Responsible Entrepreneurship in Relation to the Environment
Week 10: Responsible Entrepreneurship and International Relations
Week 11: Corporate Governance and Management of Responsible Business
Week 12: Responsible Business Management and Reporting of Responsible/ESG Business I.
Week 13: Responsible Business Management and Reporting of Responsible/ESG Business II.
Support literature
Basic literature:
1. The newest documents: EC https://commission.europa.eu/business-economy-euro/doing-business-eu/sustainability-due-diligence-responsible-business_en, EFRAG https://www.efrag.org/en, OECD https://www.oecd.org/en/topics/sustainable-development-goals-sdgs.html.
2. Bednárová, M. & Soratana K. (2025). Environmental, Social, and Governance (ESG) Investment and Reporting. Springer, 2025. ISBN 978-3-031-84234-4.
3. Achour Z. (2025) Integrating Governance and Corporate Social Responsibility in Employee Share Ownership. IGI Global, 2025. ISBN 979-83-693-7032-2.
4. Castellano N., De Luca F., D'Onza G., Maffei M. & Melis A. (2025). Environmental, Social, Governance (ESG). Risk, Performance, Monitoring. Springer, 2025. ISBN 978-30-317-6617-6.
5. Todorovic M, Idowu, S. O. & Puiu S. (2025). Sustainability and Social Responsibility of the Media and in the Media. Media Perception and Environmental Impact in the 21st Century. Springer, 2025. ISBN 978-3-032-00085-9.
Supplementary literature:
1. Nedzel N. E., Idowu S. O., Diaz B. D., Arraiano I. G. & Schmidpeter R. (2025). Global Corporate Governance. Springer, 2025. ISBN 978-3-031-86329-5.
2. Weder F. (2025). Strategic Sustainability Communication. Principles, Perspectives, and Potential. Springer, 2025. ISBN 978-3-031-89486-2.
3. Macagnan C. B. (2025). Corporate Governance in Capital Markets. Navigating Governance Systems of Publicly Traded Firms. Springer, 2025. ISBN 978-3-031-94751-3.
4. Yang Y. (2025). Corporate Collapse and Corporate Governance. Analysis from Corporate Constitutional Perspective. Springer, 2025. ISBN 978-981-96-9666-6.
5. Choi J. J. & Kim J. (2024). Responsible Firms: CSR, ESG, and Global Sustainability. Emerald Publishing, 2024. ISBN 978-1-837-53963-5.
Syllabus
Thematic definition of lectures: Week 1: Fundamental Principles of Corporate Social Responsibility The topic is focused in detail on the basic categories and fundamental principles of the theory of corporate social responsibility. The subject and essence of corporate social responsibility. Theoretical foundations of corporate social responsibility. The relationship between ethics, corporate social responsibility and ESG (Environmental, Social, Governance). The basics of ethics and its categories applicable to corporate social responsibility. Week 2: Basic Principles of Stakeholder Theory The topic primarily focuses on the basic principles of the functioning of a responsible enterprise in the market. The mission of a responsible enterprise. The principle of integrating ethics and economics. The enterprise as part of a social system. The essence of the ethical-economic dilemma: manager - owner. The relationship between ethics and law - ethical minimum (legislation). Definition, systematization and classification of stakeholders. Ethical minimum for stakeholders, by groups (primary and secondary). Week 3: Social System of Support for Responsible Entrepreneurship The topic is dominantly oriented towards the attributes of the model of synergistic assessment of the state of responsible entrepreneurship in the Slovak Republic. Public policy. State instruments used. Application of responsible entrepreneurship in the corporate sector. Formation of awareness of ethical entrepreneurship. Strategy for improving the state of CSR in Slovakia. Current trends in the development of responsible entrepreneurship at home and in the world. Week 4: The Essence of Responsible Entrepreneurship The topic primarily focuses on the basic relationships: responsible/sustainable entrepreneurship and the responsibility of business entities. Basic characteristics of responsible entrepreneurship. Classification of the terms responsible entrepreneurship, social responsibility, responsible behavior, responsible action. Pillars of responsible entrepreneurship. Pyramid of responsible entrepreneurship. Alternatives to responsible entrepreneurship. Advantages and disadvantages of responsible entrepreneurship. Week 5: Institutionalization of Responsible Business The topic is focused in detail on the basic categories and fundamental principles of institutionalizing CSR in economic entities. The essence of institutionalizing responsible business. Creating a responsible business strategy and its implementation. Application of the PDCA model in institutionalizing ethics in a company. Application of tools for implementing responsible business - ethics program. Classification and typology of the system of ethical codes. General principles of the ethical code. Pros and cons of institutionalizing responsible business. Week 6: Responsible Business in Relation to Human Capital The topic is dominantly oriented towards the attributes and determinants of CSR in the area of human capital. Categorization of terms: personnel, workers, employees, human potential, human capital. Identification of the most frequent ethical problems of human capital in a company. Main principles of responsible behavior in labor relations. Typology, classification and categorization of unethical behavior towards human capital in a company. Typology of discrimination in employment relations. Dismissal and its acceptability from the aspect of CSR. Valid legislation as an ethical minimum and a system of tools for positive solutions to problems of unethical behavior. Basic guarantees and rights for employees in the Labor Code. Week 7: Responsible Business in Relation to Consumer Protection The topic is focused in detail on the basic aspects of ethical consumerism. Explanation of the practical functioning of the consumer protection system in the Slovak Republic and in the EU. Main principles of consumer protection. Dimensions of the functional model of the consumer protection system. Legislative protection (ethical minimum) of the consumer. Control and regulation of consumer protection in the Slovak Republic. Non-governmental organizations focused on consumer protection. Current EU trends focused on ethics and consumer protection. A program for consumers, which presents the strategic vision of EU consumer policy. Week 8: Responsible Business in Relation to the Community The topic is primarily focused on the relationship of a responsible business to the community. Basic characteristics of the attributes of the community, society and company. Activities of a business with responsible/sustainable behavior for the benefit of the community. Typology, classification and categorization of activities of an ethical business for the benefit of the community: philanthropy, donation, volunteering, corporate investments in the community, sponsorship. Specification of corporate philanthropy and its tools. Ethical minimum (legislative support) of ethical business conduct with responsible/sustainable behavior for the benefit of the community. Week 9: Responsible Entrepreneurship in Relation to the Environment The topic is mainly focused on the attributes and determinants of the relationship of responsible entrepreneurship to the environment. Conceptual classification: ecology, environmental science and the environment from the aspect of economic and ethical. Environmental care. Ethical minimum in the field of the environment in the Slovak Republic and in the EU. Environmental management system. Positive and negative aspects of the implemented environmental management system. Comparison of elements of the ISO 14001 and EMAS standards. Application of the PDCA model in the implementation of an environmental management system. Week 10: Responsible Entrepreneurship and International Relations The topic is mainly focused on the attributes and determinants of responsible entrepreneurship in the international context. Characteristics of the global system. Synergistic effect of business determinants from the aspect of economy and responsible business. Application of the principle of conceptual relativity. Businesses in the conditions of globalization. Conclusion of business alliances. Basic categories of regional interest from the aspect of globalization. Application of the principles of SD in businesses in the process of globalization Agenda 2030 for sustainable development. EU strategy in the field of responsible business. European and non-European ESG systems. Week 11: Corporate Governance and Management of Responsible Business The topic is primarily devoted to the relationship between Corporate Governance and management of responsible business. Basic characteristics of Corporate Governance attributes. Key aspects of Corporate Governance according to the typology of businesses. Basic systems of responsible business management. Representative systems of assessing the success of Corporate Governance. Week 12: Responsible business management and reporting of responsible/ESG business I. The topic primarily focuses on the essence of the relationship between responsible/sustainable/ESG actions within the framework of institutionalized management of responsible business and reporting of responsible/sustainable/ESG business. General principles of reporting of responsible/ESG business. Standards of reporting of responsible/ESG business, sustainable development and ethical behavior. Week 13: Responsible business management and reporting of responsible/ESG business II. The topic builds on the knowledge of the previous week and primarily develops the principles of reporting of responsible/sustainable/ESG business. Standards of reporting of responsible/sustainable/ESG business, sustainable development and ethical behavior. Attributes of the most widespread reporting systems of responsible/ESG business: European and non-European ESG systems. Integrated reporting. Legislative support (ethical minimum) for reporting on responsible/sustainable/ESG business in Slovakia, the EU and outside the EU. Thematic definition of exercises: Week 1: Fundamental Principles of Corporate Social Responsibility The topic is focused in detail on the basic categories and fundamental principles of the theory of corporate social responsibility. The subject and essence of corporate social responsibility. Theoretical foundations of corporate social responsibility. The relationship between ethics, corporate social responsibility and ESG (Environmental, Social, Governance). The basics of ethics and its categories applicable to corporate social responsibility. Week 2: Basic Principles of Stakeholder Theory The topic primarily focuses on the basic principles of the functioning of a responsible enterprise in the market. The mission of a responsible enterprise. The principle of integrating ethics and economics. The enterprise as part of a social system. The essence of the ethical-economic dilemma: manager - owner. The relationship between ethics and law - ethical minimum (legislation). Definition, systematization and classification of stakeholders. Ethical minimum for stakeholders, by groups (primary and secondary). Week 3: Social System of Support for Responsible Entrepreneurship The topic is dominantly oriented towards the attributes of the model of synergistic assessment of the state of responsible entrepreneurship in the Slovak Republic. Public policy. State instruments used. Application of responsible entrepreneurship in the corporate sector. Formation of awareness of ethical entrepreneurship. Strategy for improving the state of CSR in Slovakia. Current trends in the development of responsible entrepreneurship at home and in the world. Week 4: The Essence of Responsible Entrepreneurship The topic primarily focuses on the basic relationships: responsible/sustainable entrepreneurship and the responsibility of business entities. Basic characteristics of responsible entrepreneurship. Classification of the terms responsible entrepreneurship, social responsibility, responsible behavior, responsible action. Pillars of responsible entrepreneurship. Pyramid of responsible entrepreneurship. Alternatives to responsible entrepreneurship. Advantages and disadvantages of responsible entrepreneurship. Week 5: Institutionalization of Responsible Business The topic is focused in detail on the basic categories and fundamental principles of institutionalizing CSR in economic entities. The essence of institutionalizing responsible business. Creating a responsible business strategy and its implementation. Application of the PDCA model in institutionalizing ethics in a company. Application of tools for implementing responsible business - ethics program. Classification and typology of the system of ethical codes. General principles of the ethical code. Pros and cons of institutionalizing responsible business. Week 6: Responsible Business in Relation to Human Capital The topic is dominantly oriented towards the attributes and determinants of CSR in the area of human capital. Categorization of terms: personnel, workers, employees, human potential, human capital. Identification of the most frequent ethical problems of human capital in a company. Main principles of responsible behavior in labor relations. Typology, classification and categorization of unethical behavior towards human capital in a company. Typology of discrimination in employment relations. Dismissal and its acceptability from the aspect of CSR. Valid legislation as an ethical minimum and a system of tools for positive solutions to problems of unethical behavior. Basic guarantees and rights for employees in the Labor Code. Week 7: Responsible Business in Relation to Consumer Protection The topic is focused in detail on the basic aspects of ethical consumerism. Explanation of the practical functioning of the consumer protection system in the Slovak Republic and in the EU. Main principles of consumer protection. Dimensions of the functional model of the consumer protection system. Legislative protection (ethical minimum) of the consumer. Control and regulation of consumer protection in the Slovak Republic. Non-governmental organizations focused on consumer protection. Current EU trends focused on ethics and consumer protection. A program for consumers, which presents the strategic vision of EU consumer policy. Week 8: Responsible Business in Relation to the Community The topic is primarily focused on the relationship of a responsible business to the community. Basic characteristics of the attributes of the community, society and company. Activities of a business with responsible/sustainable behavior for the benefit of the community. Typology, classification and categorization of activities of an ethical business for the benefit of the community: philanthropy, donation, volunteering, corporate investments in the community, sponsorship. Specification of corporate philanthropy and its tools. Ethical minimum (legislative support) of ethical business conduct with responsible/sustainable behavior for the benefit of the community. Week 9: Responsible Entrepreneurship in Relation to the Environment The topic is mainly focused on the attributes and determinants of the relationship of responsible entrepreneurship to the environment. Conceptual classification: ecology, environmental science and the environment from the aspect of economic and ethical. Environmental care. Ethical minimum in the field of the environment in the Slovak Republic and in the EU. Environmental management system. Positive and negative aspects of the implemented environmental management system. Comparison of elements of the ISO 14001 and EMAS standards. Application of the PDCA model in the implementation of an environmental management system. Week 10: Responsible Entrepreneurship and International Relations The topic is mainly focused on the attributes and determinants of responsible entrepreneurship in the international context. Characteristics of the global system. Synergistic effect of business determinants from the aspect of economy and responsible business. Application of the principle of conceptual relativity. Businesses in the conditions of globalization. Conclusion of business alliances. Basic categories of regional interest from the aspect of globalization. Application of the principles of SD in businesses in the process of globalization Agenda 2030 for sustainable development. EU strategy in the field of responsible business. European and non-European ESG systems. Week 11: Corporate Governance and Management of Responsible Business The topic is primarily devoted to the relationship between Corporate Governance and management of responsible business. Basic characteristics of Corporate Governance attributes. Key aspects of Corporate Governance according to the typology of businesses. Basic systems of responsible business management. Representative systems of assessing the success of Corporate Governance. Week 12: Responsible business management and reporting of responsible/ESG business I. The topic primarily focuses on the essence of the relationship between responsible/sustainable/ESG actions within the framework of institutionalized management of responsible business and reporting of responsible/sustainable/ESG business. General principles of reporting of responsible/ESG business. Standards of reporting of responsible/ESG business, sustainable development and ethical behavior. Week 13: Responsible business management and reporting of responsible/ESG business II. The topic builds on the knowledge of the previous week and primarily develops the principles of reporting of responsible/sustainable/ESG business. Standards of reporting of responsible/sustainable/ESG business, sustainable development and ethical behavior. Attributes of the most widespread reporting systems of responsible/ESG business: European and non-European ESG systems. Integrated reporting. Legislative support (ethical minimum) for reporting on responsible/sustainable/ESG business in Slovakia, the EU and outside the EU.
Requirements to complete the course
30% active participation throughout the semester, group work - solving case studies of ethical problems (current data directly from the company) and its presentation (condition 51% of completion); 70% written final exam - combination of theoretical part and development of a specific case study (condition 51% of completion)
Student workload
104 h - attendance at lectures 26 h, attendance at seminars 26 h, preparation for seminars 13 h, individual work 13 h, preparation for final exam 26 h
Language whose command is required to complete the course
English
Date of approval: 11.03.2024
Date of the latest change: 31.08.2025