University of Sydney · S2 2026 · FACULTY OF MANAGEMENT

BUSS5220 Responsible Business Mindset

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BUSS5220 Overview

Responsible Business Mindset
— A source-grounded BUSS5220 guide to 35/35/30 structure, four analytical perspectives, stakeholder-specific judgement and the complete published assessment structure.
  • The University of Sydney
  • Semester 2, 2026
  • Postgraduate coursework
  • 6 credit points

Within University of Sydney Business School — academic unit: Accounting, Governance and Regulation, BUSS5220 asks how a business can be run as something other than a profit-maximising machine, and answers it across four disciplinary perspectives in sequence — The Regulation (corporate governance and responsible AI, responsible marketing, climate regulation and anti-slavery), The Workplace (macro context, decent work, wellbeing at the individual level), The Numbers (refocusing financial reporting, rethinking auditing, reframing management accounting) and The Impact (sustainability reporting and stewardship, climate risk and opportunity, reimagining capitalism) — all anchored on the contrast between the shareholder primacy mindset (Friedman 1970) and a responsible business mindset built from UN SDG targets, Doughnut Economics, degrowth, circular economy and Indigenous

stewardship.

  • BUSS5220 grading 35% workshop presentation debate (30% group + 5% individual), 35% reflective ePortfolio / two vlogs (30% group + 5% individual), 30% final exam — 60% group and 40% individual overall
  • BUSS5220 task mode 1-hour secure written exam in the formal exam period; AI prohibited; covers core unit content; assesses LO1, LO2, LO3, LO5
  • BUSS5220 mark trap Marks are lost on the two group performances, not on knowledge recall. (1) The debate's 30 group marks are for the debate content and the group's ability to collaborate effectively, and the group must consider and integrate relevant Sustainable Development Goal (SDG) at the level of SDG Targets. (2) The vlog demands genuine critical reflection: Critical reflection involves more than summarizing what you've learned or recapitulating lecture materials or news, on a company issue happening now or within the recent 1 year period (2025-2026).
  • BUSS5220 pass rule TWO rules, one of which appears ONLY in the Chinese Week-1 announcement on the Canvas home page: you must PASS the final exam AND reach 50% overall. Separately, attendance: Any student attending less than 80% of workshops may be unable to achieve a grade of PASS or higher for the unit. Attendance at all lectures and workshops is a formal requirement with a formal roll taken weekly.
BUSS5220 · The University of Sydney
An independent, AskSia-authored study guide. AskSia is not affiliated with, endorsed by, or sponsored by The University of Sydney; the course code and name are used for identification only.
Assessment

How BUSS5220 is assessed

ComponentWeightFormat
Reflective ePortfolio35%Six-minute vlog; 30 group marks and 5 individual marks
Workshop Presentation Debate35%Twenty-minute debate; 30 group marks and 5 individual marks
Final Exam · hurdle30%One-hour secure written examination; AI prohibited

The two coursework components each contain a 30-mark group and a 5-mark individual component, and a Peer Evaluation Form must be submitted for each group assessment. A Canvas announcement from the unit coordinators states the formal requirement: you must pass the final exam and reach 50% overall for the unit. The outline also carries a hurdle-task legend that the captured table does not attach to a specific row, so treat any other task-level hurdle as unconfirmed and check Canvas.

Contents · every chapter, one map

What BUSS5220 covers

The sequence opens at Responsible Business Mindset and Assessment Map, develops its central analytical shift in Wellbeing and the Individual at Work, and closes with Reimagining Business and Capitalism.

01

Responsible Business Mindset and Assessment Map

35/35/30 structure · four analytical perspectives · stakeholder-specific judgement · build one recurring responsible-business decision frame across all assessments
02

Corporate Governance and Responsible AI

board accountability · AI governance · risk and control · evaluate who authorises, monitors and can challenge an AI-enabled business decision
03

Responsible Marketing

stakeholder effect · claim substantiation · vulnerability and choice · audit a marketing claim for audience, evidence, omitted cost and remedy
04

Climate Regulation and Modern Slavery

regulatory duty · supply-chain visibility · due diligence · compare how climate and labour obligations travel through a value chain
05

Macro Context for Responsible Business

institutions and markets · public policy · systemic risk · explain how a firm-level choice depends on rules, infrastructure and collective action
06

Decent Work at the Mezzo Level

job quality · organisational practice · worker voice · evaluate a workplace initiative through security, conditions, participation and distribution
07

Wellbeing and the Individual at Work

psychosocial risk · wellbeing · agency and support · distinguish prevention in work design from support after harm occurs
08

Refocusing Financial Reporting

decision-useful information · materiality · externalities and boundary · identify what a conventional financial view includes and leaves outside
09

Rethinking Auditing

assurance purpose · evidence and criteria · independence · evaluate what confidence an assurance conclusion provides and where it stops
10

Reframing Management Accounting

decision frame · cost allocation · long-term and non-financial effects · redesign a decision table so environmental and social consequences are visible
11

Sustainability Reporting and Stewardship

impact and financial materiality · reporting user · stewardship · judge whether a disclosure supports a named user's decision
12

Climate Risk and Business Opportunity

physical and transition risk · scenario and time horizon · opportunity claim · trace a climate factor through operations, finance and stakeholder outcome
13

Reimagining Business and Capitalism

purpose and value · institutional alternative · transition and accountability · compare reform proposals by mechanism, beneficiary, feasibility and unintended effect

It is Postgraduate coursework; a foundation/core unit of the Master of Commerce (MCom). It carries 6 credit points.

It is positioned as Core unit — the final exam exists specifically 'to fulfill the secure assessment requirements of core units in the Business School'.

A 60%-group / 40%-individual unit with almost no written coursework: 70% of the mark comes from performing — a live 20-minute in-workshop debate in which your own group must argue BOTH the for and against sides of an assigned topic, plus two 3-minute group vlogs that must expose a real company (Amazon, Uber, Starbucks and Tesla are banned) whose responsible-business claims fall short within the last year.

The 30% exam is a secure 1-hour written paper with AI prohibited. There is no textbook — examinable content is the weekly lecture slides plus required readings.

Every group task is gated by a Peer Evaluation form: the assessment 'will not be marked until the Peer evaluation is fully completed'.

Assessment in BUSS5220 is distributed as follows: 35% workshop presentation debate (30% group + 5% individual), 35% reflective ePortfolio / two vlogs (30% group + 5% individual), 30% final exam — 60% group and 40% individual overall

The operational assessment conditions matter here.

1-hour secure written exam in the formal exam period; AI prohibited; covers core unit content; assesses LO1, LO2, LO3, LO5

What makes BUSS5220 demanding is concrete: Marks are lost on the two group performances, not on knowledge recall.

(1) The debate's 30 group marks are for the debate content and the group's ability to collaborate effectively, and the group must consider and integrate relevant Sustainable Development Goal (SDG) at the level of SDG Targets.

(2) The vlog demands genuine critical reflection: Critical reflection involves more than summarizing what you've learned or recapitulating lecture materials or news, on a company issue happening now or within the recent 1 year period (2025-2026).

TWO rules, one of which appears ONLY in the Chinese Week-1 announcement on the Canvas home page: you must PASS the final exam AND reach 50% overall.

Separately, attendance: Any student attending less than 80% of workshops may be unable to achieve a grade of PASS or higher for the unit. Attendance at all lectures and workshops is a formal requirement with a formal roll taken weekly.

For enrolment planning, None.

Prerequisites: None · Corequisites: None · Prohibitions: None · Assumed knowledge: None

The sequence opens at Responsible Business Mindset and Assessment Map, develops its central analytical shift in Wellbeing and the Individual at Work, and closes with Reimagining Business and Capitalism.

Worked example · free

Worked example: Responsible Business Mindset integrated response

Q [4 marks]. A draft chooses a response merely because regulatory duty appears in a task about how to evaluate responsible business from regulation, workplace, numbers and impact perspectives before defending a stakeholder-specific recommendation. Use decision frame and psychosocial risk to test whether that choice is defensible. This is AskSia-authored practice, not a University question or marking scheme.
  • 1Extract the outcome, actor or operation that the Responsible Business Mindset integrated response task actually requires.
  • 1State the precondition under which regulatory duty is relevant rather than merely familiar.
  • 1Use decision frame to reject the nearest alternative, then run a failure-path check with psychosocial risk.
  • 1Choose the response and state when it must be withdrawn or narrowed: Resilience training should not individualise a structural work hazard.
The choice follows from the task's required outcome and the precondition attached to regulatory duty, not from keyword recognition. Decision frame distinguishes the nearest alternative and psychosocial risk tests the failure path. The response changes when this boundary is crossed: Resilience training should not individualise a structural work hazard.
Sia tip — If the psychosocial hazard is structural, assign the control at organisational or regulatory level. Resilience training can support individuals but cannot transfer responsibility for the hazard onto them.
Glossary

Key terms

Shareholder primacy mindset vs responsible business mindset
Shareholder primacy treats shareholder return as the firm's overriding objective, whereas a responsible-business mindset evaluates decisions through their long-term effects on multiple stakeholders, society and the environment.
Doughnut Economics
Doughnut Economics defines a safe and just space for humanity between a social foundation of minimum needs and an ecological ceiling set by planetary boundaries.
SDG targets (not just the 17 goals)
SDG targets are the specific outcomes and commitments nested under the 17 Sustainable Development Goals, providing a more precise basis for action and measurement than goal labels alone.
Indigenous stewardship
Indigenous stewardship is caretaking grounded in reciprocity, interconnectedness, collective responsibility and obligations to future generations rather than unrestricted ownership and extraction.
Circular economy / cradle-to-cradle vs linear extractive models
A circular or cradle-to-cradle economy designs materials to circulate safely through reuse and regeneration, unlike a linear extractive model that takes resources, makes products and discards waste.
Degrowth
Degrowth is a planned reduction of ecologically damaging production and consumption in high-income economies while reorganising institutions to protect wellbeing and distribute resources fairly.
Creating Shared Value (CSV) and Corporate Social Responsibility (CSR)
CSV seeks business opportunities that jointly improve competitiveness and social conditions, while CSR is the broader responsibility to manage a firm's social and environmental impacts, duties and relationships.
PRME (Principles for Responsible Management Education) and social licence to operate
PRME is a UN-supported framework for embedding sustainability and responsibility in management education; social licence to operate is the continuing, informal acceptance granted by affected communities and stakeholders.
FAQ

BUSS5220 FAQ

Is BUSS5220 hard?

Marks are lost on the two group performances, not on knowledge recall. (1) The debate's 30 group marks are for the debate content and the group's ability to collaborate effectively, and the group must consider and integrate relevant Sustainable Development Goal (SDG) at the level of SDG Targets.

(2) The vlog demands genuine critical reflection: Critical reflection involves more than summarizing what you've learned or recapitulating lecture materials or news, on a company issue happening now or within the recent 1 year period (2025-2026).

How is BUSS5220 assessed?

35% workshop presentation debate (30% group + 5% individual), 35% reflective ePortfolio / two vlogs (30% group + 5% individual), 30% final exam — 60% group and 40% individual overall

What is the BUSS5220 exam or final-task format?

1-hour secure written exam in the formal exam period; AI prohibited; covers core unit content; assesses LO1, LO2, LO3, LO5

Does BUSS5220 have a hurdle or component-level pass rule?

TWO rules, one of which appears ONLY in the Chinese Week-1 announcement on the Canvas home page: you must PASS the final exam AND reach 50% overall. Separately, attendance: Any student attending less than 80% of workshops may be unable to achieve a grade of PASS or higher for the unit. Attendance at all lectures and workshops is a formal requirement with a formal roll taken weekly.

What prerequisites or restrictions apply to BUSS5220?

None. Prerequisites: None · Corequisites: None · Prohibitions: None · Assumed knowledge: None

Is BUSS5220 offered in Semester 2, 2026?

This resource is aligned to Semester 2, 2026. Confirm your class and assessment timetable in the current institutional system.

How does climate change financial impact appear in BUSS5220?

BUSS5220 treats climate change through its Impact perspective as both climate risk and business opportunity, connecting environmental consequences to responsible-business decisions.

Is this BUSS5220 resource an official university guide?

No. It is an independent BUSS5220 study resource; current institutional instructions remain authoritative for assessment operation.

Study strategy

How to study for the exam

Retrieve the unit map, practise the recurring method—evaluate responsible business from regulation, workplace, numbers and impact perspectives before defending a stakeholder-specific recommendation—on changed scenarios, and verify every operational assessment detail in the live institutional system.

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