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1. Role of Corporations in Society
April 26, 2023
4557 C&S – Mike P. Moffatt
April 26, 2023
Course Overview
April 26, 2023
The Big Picture
Corporations are subject to multiple external pressures beyond their competitive, industry settings.
There is a tension between profit orientation and public interest
April 26, 2023
The Big Picture
These pressures can profoundly affect business operations, strategy and performance.
As a manager, you need to know how to assess and manage external environment of business.
April 26, 2023
Course Objects and Module Structure
Module 1 (Common Module, First 10 sessions) – Rationally evaluate the tensions that arise between corporate, social and environmental interests.
April 26, 2023
Course Objects and Module Structure
Module 2 (Non-Common Module, Next 10 sessions) – Develop an understanding, from a global perspective, of the nine types of political risk and assess their impact on business operations
April 26, 2023
Module 1 Content
Business and the Natural EnvironmentEnvironmental externalities and
market failureTragedy of the commons and natural
capitalGovernment regulation/Market
mechanisms
April 26, 2023
Module 1 Content
Corporations and SocietyGlobalization and out-sourcing/off-
shoringCompetition policy and M&AsPublic health and intellectual property
rightsRecession and the financial sector
crisis
April 26, 2023
Module 1 Scheduling Issue
Tuesday Oct 15th: Marco Petta, Managing Direction, Royal Bank of Canada
Time: 12:45pm to 2:10pm(Instead of usual class time)
Location: Main Auditorium
April 26, 2023
Module 2 Content: 9 Types of Political Risk
Geopolitical Breaches of Contract
Global Energy Capital Market RiskTerrorism DiscriminationInternal Political Strife
Unknowns/Uncertainty
Expropriations
April 26, 2023
C&S Evaluation Components
Midterm exam (33.3%)
1-2 Person Written Assignment (33.3%)
Classroom Contribution (33.3%)
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Mid-Term Exam
October 23rd, 2013 (Wednesday)
Closed-book, case-based exam
Testing on knowledge from Module 1
April 26, 2023
Written Assignment
Groups of 1 or 2
Due December 12th, 2013 (Thursday)
Topic: Non-market issue facing a company or organization.
April 26, 2023
Contribution in Detail
Somewhat different here due to the nature of some of the classes.Mix of cases, discussions, & activitiesAsk clarifying questions with the terminology if it is not clear
Develop a glossarySeek out assistance before you fall too far behind.
Email, call or find me in my office!
April 26, 2023
Contribution in Detail
Low contribution45 – student who attended every class, was never disruptive and never speaks55 – student who attended every class, was never disruptive and only responded to cold calls and showed preparation70 – student who has perfect attendance, participates “enough”, but only at a basic level
April 26, 2023
Peer Evaluation Grading SheetPoint
ValueCategory(Frequency)
Components of in-class contribution
3 Outstanding Rare(0-10%)
The comment adds substantial value to the discussion.Demonstrates willingness to take risks in attempting to answer difficult or unpopular questions.Breaks new ground and raises the flow of discussion to a higher level, often by synthesizing material and applying multiple lenses or techniques.
2 Significant Frequent(10-30%)
The comment adds value to the discussion, beyond case facts.There is evidence of analysis rather than just the expression of opinion (although some espousal of opinion is acceptable, even desirable in certain circumstances).Comments are linked to those of others, facilitating the flow of the discussion.Demonstrates knowledge of readings and other relevant course material.Incorporate relevant insights from other courses or current affairs.
1 GoodCommon(50-70%)
The comment advances the flow of the discussion (including responses to questions from the instructor).Demonstrates clear grasp of case material.Information presented is relevant to the discussion.
-1 UnsatisfactoryRare(0-10%)
Lack of preparation for class discussion; failure to listen.Criticisms are directed at others versus towards their ideas.Defensive behavior (e.g., aggression or withdrawal) is exhibited.Drains energy from class goals.
April 26, 2023
Absences
As per HBA program requirements, it is required that all absences must be reported to the HBA office via HBA2away@ivey.ca as well as to me.
(Easiest to just include both of us on the same e-mail)
April 26, 2023
Classroom Contribution
Guidelines45/100: no absences, no contribution55/100: no absences, cold calls only70/100: no absences, basic contribution (mostly 1s)
AbsencesExcused (0)Unexcused (-1)
April 26, 2023
Classroom Contribution
5+ absences = Inability to submit final assignment
Submissions in lieu of absence not permitted
Contribution scored each classWe are focusing on QUALITY, not QUANTITY.We are focusing on CONTRIBUTION, not PARTICIPATION.
April 26, 2023
My Expectations of You
Attendance is mandatoryClass contribution is essentialPreparednessGive me feedbackRespect each otherEngaging atmosphereBe succinctHave fun!!!!!
April 26, 2023
Your Expectations of Me
EvaluationBalance contributionGrading consistency and transparency Ongoing feedback on contributionOut of class contribution not acceptableHarsh on cheatersClear on expectations
April 26, 2023
Your Expectations of Me
Classroom ManagementDiscipline classroom behaviour (contribution versus participation)Constructive feedback live in classHold students accountablePush you on points you’re makingClearer on what is right versus wrongFoster interaction
April 26, 2023
Your Expectations of Me
Outside ClassroomBe availableTactics to improve contribution
April 26, 2023
Your Expectations of MeClass Content/DeliverySummary objectivesAre we missing the point?Post slides on eZoneAllow for rebuttalsDiversity of delivery modesGrab our attentionDebates and controversial topicsEasy on the readingsLess on case facts
April 26, 2023
About Me
Trained as an Economist: PhD (Ivey), MA (Rochester), BA (UWO)Writer for Rogers Media, Inc. Formerly at the Globe and Mail’s Economy Lab. Also written for National Post, Ottawa Citizen, etc.Frequent media commentator: Lang & O’Leary (CBC), EconoMix (CTV), The Agenda (TVO)Co-owner, founder, consultant: Nexreg Compliance Inc.