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2020/2021  KAN-CCMVI2032U  Business and Society: Beyond Compliance toward Sustainability, Innovation and Social Impact

English Title
Business and Society: Beyond Compliance toward Sustainability, Innovation and Social Impact

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration Summer
Start time of the course Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 80
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Karen Becker - Department of Management, Society and Communication (MSC)
For academic questions related to the course, please contact instructor Karen Becker at kbe.msc@cbs.dk or kbecker@tcnj.edu
Main academic disciplines
  • CSR and sustainability
  • Innovation
Teaching methods
  • Online teaching
Last updated on 21/01/2021

Relevant links

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • Demonstrate a mature nuanced understanding of the complexities associated with the role firms play in comtemporary global society
  • Demonstrate a strong theoretical understanding of the key literature and frameworks that guide contemporary business responsibilities
  • Build a tool kit for examining the interplay of business, environment, and social impacts understanding the data necessary to make informed decisions
  • Demonstrate creative innovative thinking with regard to social responsibility
Course prerequisites
Completet bachelor degree.
Business and Society: Beyond Compliance toward Sustainability, Innovation and Social Impact:
Exam ECTS 7.5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 15 pages
Assignment type Project
Duration Written product to be submitted on specified date and time.
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Summer, Ordinary exam: Home Assignment: 22 June-30 July 2021. Please note that exam will start on the first teaching day and will run in parallel with the course.
Retake exam: 72-hour home assignment: 27 – 30 September 2021 – for all ISUP courses simultaneously
3rd attempt (2nd retake) exam: 72-hour home assignment: 22 – 25 November 2021 – for all ISUP courses simultaneously

Exam schedules available on https:/​/​www.cbs.dk/​uddannelse/​international-summer-university-programme-isup/​courses-and-exams
Make-up exam/re-exam
Same examination form as the ordinary exam
Retake exam: 72-hour home assignment, max. 10 pages, new exam question
Exam form for 3rd attempt (2nd retake): 72-hour home assignment, max. 10 pages, new exam question
Course content, structure and pedagogical approach

Course content:

This course will examine the role of firms in society, specifically addressing how they can simultaneously manage shareholder demands for growth, employee desires for meaningful dignified work, and societal expectations related to sustainability and social impact. We will begin by examining the historical context of firms as agents of social and community development as well as their interaction with governments and civil society. We will then move to examine the contemporary environment with particular emphasis on various models for firms to act as responsible innovative corporate citizens. As part of this course students will learn about various frameworks and tools which firms use to develop, implement, assess, and communicate about their social and environmental impacts. We complete our study with a look to toward the future. Throughout the course, a particular focus will be on business innovation as a path for achieving economic growth and addressing the sustainable development goals.


Course structure:

Preliminary assignment: read the articles listed in the literature list and prepare to discuss them in class.

Class 1: Historical Perspective 
Class 2: Contemporary CSR Models 
Class 3: Corporate Social Innovation and Social Entrepreneurship 
Class 4: The Role of Conscious Leadership and Governance 
Class 5: The Role of Employees 
Class 6: The Role of Suppliers  


Feedback activity: Proposal and Paper Reviews 


Class 7: The Role of Governments and Civil Society 
Class 8: The Role of Customers and Communities 
Class 9: Innovation and Environmental Impact 
Class 10: Innovation and Social Impact 
Class 11: Looking Forward 

Description of the teaching methods
This year all courses are taught digitally over the Internet. Instructors will apply direct/live teaching through a link (like Skype, Team, Zoom). In some courses, pre-recorded material will also be used.
Feedback during the teaching period
Students will have advisory meetings to review project proposals and progress..
Student workload
Preliminary assignment 20 hours
Classroom attendance 33 hours
Preparation 126 hours
Feedback activity 7 hours
Examination 20 hours
Further Information

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.


Course timetable is available on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams


We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams in March 2021.


Expected literature

Mandatory readings:

Conscious Capitalism: liberating the heroic spirit of business. Boston, Mass.: Harvard Business Review Press. Mackey, John, 1954- and Rajendra. 


For the preliminary assignment:

Mackey, J. & Sisodia, R. (2013). Conscious capitalism: liberating the heroic spirit of business. Boston, Mass.: Harvard Business Review Press.--  Introduction and Parts 1 and 2  

Hsieh, N. H. (2017). The responsibilities and role of business in relation to society: Back to basics?. Business Ethics Quarterly, 27(2), 293-314.

Giuliani, E. (2018). Regulating global capitalism amid rampant corporate wrongdoing—Reply to “Three frames for innovation policy”. Research Policy, 47(9), 1577-1582.

Fyke, J. P., & Buzzanell, P. M. (2013). The ethics of conscious capitalism: Wicked problems in leading change and changing leaders. Human Relations, 66(12), 1619-1643.



Last updated on 21/01/2021