4557 - Corporations and Society - Class 01 - Introduction

1. 1. Role of Corporations in
Society
4557 C&S – Mike P. Moffatt
October 19, 2013

2. Course Overview
October 19, 2013

3. 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
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4. 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.
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5. Course Objects and Module
Structure
Module 1 (Common Module, First 10
sessions) – Rationally evaluate the tensions
that arise between corporate, social and
environmental interests.
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6. 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
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7. Module 1 Content
Business and the Natural Environment
Environmental externalities and market failure
Tragedy of the commons and natural capital
Government regulation/Market mechanisms
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8. Module 1 Content
Corporations and Society
Globalization and out-sourcing/off-shoring
Competition policy and M&As
Public health and intellectual property rights
Recession and the financial sector crisis
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9. 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
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10. Module 2 Content: 9 Types of
Political Risk
Geopolitical
Breaches of Contract
Global Energy
Capital Market Risk
Terrorism
Discrimination
Internal Political Strife Unknowns/Uncertainty
Expropriations
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11. C&S Evaluation Components
Midterm exam (33.3%)
1-2 Person Written Assignment (33.3%)
Classroom Contribution (33.3%)
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12. Mid-Term Exam
October 23rd, 2013 (Wednesday)
Closed-book, case-based exam
Testing on knowledge from Module 1
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13. Written Assignment
Groups of 1 or 2
Due December 12th, 2013 (Thursday)
Topic: Non-market issue facing a company
or organization.
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14. Contribution in Detail
Somewhat different here due to the nature
of some of the classes.
Mix of cases, discussions, & activities
Ask clarifying questions with the terminology if it
is not clear
Develop a glossary
Seek out assistance before you fall too far behind.
Email, call or find me in my office!
October 19, 2013

15. Contribution in Detail
Low contribution
45 – student who attended every class, was never
disruptive and never speaks
55 – student who attended every class, was never
disruptive and only responded to cold calls and
showed preparation
70 – student who has perfect attendance,
participates “enough”, but only at a basic level
October 19, 2013

16. Peer Evaluation Grading Sheet
Point
Value
3
Category
(Frequency)
Outstanding
Rare
(0-10%)
2
Significant
Frequent
(10-30%)
1
Good
Common
(50-70%)
-1
Unsatisfactory
Rare
(0-10%)
Components of in-class contribution
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.
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.
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.
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.
October 19, 2013

17. 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)
October 19, 2013

18. Classroom Contribution
Guidelines
45/100: no absences, no contribution
55/100: no absences, cold calls only
70/100: no absences, basic contribution (mostly
1s)
Absences
Excused (0)
Unexcused (-1)
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19. Classroom Contribution
5+ absences = Inability to submit final assignment
Submissions in lieu of absence not permitted
Contribution scored each class
We are focusing on QUALITY, not QUANTITY.
We are focusing on CONTRIBUTION, not
PARTICIPATION.
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20. My Expectations of You
Attendance is mandatory
Class contribution is essential
Preparedness
Give me feedback
Respect each other
Engaging atmosphere
Be succinct
Have fun!!!!!
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21. Your Expectations of Me
Evaluation
Balance contribution
Grading consistency and transparency
Ongoing feedback on contribution
Out of class contribution not acceptable
Harsh on cheaters
Clear on expectations
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22. Your Expectations of Me
Classroom Management
Discipline classroom behaviour
(contribution versus participation)
Constructive feedback live in class
Hold students accountable
Push you on points you’re making
Clearer on what is right versus wrong
Foster interaction
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23. Your Expectations of Me
Outside Classroom
Be available
Tactics to improve contribution
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24. Your Expectations of Me
Class Content/Delivery
Summary objectives
Are we missing the point?
Post slides on eZone
Allow for rebuttals
Diversity of delivery modes
Grab our attention
Debates and controversial topics
Easy on the readings
Less on case facts
October 19, 2013

25. 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.
October 19, 2013