The current business world is at a cross roads where the expectations from the corporate is very high. On one hand the shareholders want the companies to do exceedingly well to generate high profits while at the same time the other stakeholders may hold a completely different expectation from the corporate. Instances of ethical debacles have been noticed in the recent past and historical evidences have suggested that ethical organizations are able to tide over and survive the changes and tribulations which the dynamic external environment poses as against organizations which find short-cuts as a way to make quick money. Young managers therefore need to be equipped with the knowledge and skills to grapple with such situations and therefore it is essential to explore how, why and what courses and training should be included into business management education to prepare ethically sound managers. The paper proposes to bring the views and opinions of multiple stakeholders about the role and relevance of teaching business ethics to management students in India. Findings from the study can be used by academicians to validate the theoretical foundations and policy makers and curriculum designers.
Keywords: Teaching Business Ethics; Multiple Stakeholder Analysis