Corporate Governance and Catholic Social Teaching

(3 Credit Hours) · Undergraduate

In this course, we will critically consider, in light of Catholic Social Teaching, three normative questions regarding the purpose, priorities, and practices of corporations. First, what does the dignity of the human person, as made in the image and likeness of God, mean for people working in business? Second, what do businesses owe to their own workers and the society writ-large, and how do we foster solidarity among those working in business? Third, how can businesses promote authentic human flourishing and integral human development? To answer these questions, we explore certain foundational concepts of Catholic Social Teaching - the dignity of the human person, solidarity and subsidiarity, the virtues of charity and justice, and the common good - and ask how these concepts can be integrated into business practices and corporate governance. To accomplish this end, student wills engage in a close reading of selections from central papal encyclicals on the "social question," including Rerum Novarum, Quadragesimo Anno, Laborem Exercens, Centesimus Annus, Caritas in Veritate, and Laudato Si', as well as contemporary scholarship in business ethics that discusses different models of corporate governance.