Learning objectives |
To achieve the grade 12, students
should meet the following learning objectives with no or only minor
mistakes or errors: By the end of the course, students should be
able to critically evaluate selected theories within the fields of
corporate governance, corporate social responsibility, and business
ethics, as well as discuss how these frameworks can be applied to
concrete business situations:
- Explain, combine and analytically discuss the theories,
frameworks, models and concepts presented in the course.
- Critically discuss the role of business in society, in the
context of globalised markets and internationally active
firms.
- Identify business challenges and opportunities arising from
internal corporate governance challenges and external stakeholder
pressures.
- Using the concepts and frameworks discussed in the course,
sketch responses to these challenges and opportunities, and reason
why those responses would pass the “good business ethics” test of
critical observers.
|
Examination |
Corporate
Governance:
|
Exam
ECTS |
7,5 |
Examination form |
Home assignment - written product |
Individual or group exam |
Individual exam |
Size of written product |
Max. 10 pages |
Assignment type |
Written assignment |
Duration |
48 hours to prepare |
Grading scale |
7-step scale |
Examiner(s) |
One internal examiner |
Exam period |
Autumn and Winter, the regular exam takes place
in October. The make-up and re-examination takes place in
January. |
Make-up exam/re-exam |
Same examination form as the ordinary exam
The make-up and re-examination takes
place according to the same rules as the regular
exam.
|
Description of the exam
procedure
48 hour take home case exam. The exam will test students'
ability to use relevant theoretical concepts and analytical
approaches from the course in corporate governance and finance to
the analysis of a real case company. The contribution will not be
evaluated on the students' ability to reproduce the theoretical
contents of the course but rather the ability to use and apply them
intelligently and creatively in a practical analysis.
Grading will be based upon demonstration of analytical skills,
logical reasoning, and consistent argumentation, application of
relevant theory and supportive evidence, as well as the structure,
clarity, and proficiency of the report. Students are expected to
demonstrate appropriate use of perspectives, theories, frameworks,
approaches, and models developed during the
course
|
|
Course content and
structure |
Corporate governance concerns the way firms are directed and
controlled. The regulatory backlash caused by corporate scandals
and the financial crisis, as well as growing public and media
pressure on companies to act in a ‘socially responsible’ way, have
put stakeholder engagement on top of the corporate agenda.
Regardless of international business managers’ individual
philosophical stance on what the role of business in society should
be, these pressures cannot go unmanaged and need to be addressed in
a strategic manner. A thorough understanding of the corporate
governance demands companies face today is therefore a necessary
prerequisite in any international business function.
This course gives an introduction to the theoretical foundations of
corporate governance, develops awareness of associated practical
problems, and provides an overlook of governance systems around the
world. The intertwine of legal, economic, political, and
psychological factors affecting how firms and markets are run and
controlled creates complexity and challenges our ability to state
and solve problems practically as well as intellectually. The
course provides students with a toolbox and skills for evaluating
firms from a governance point of view.
|
Teaching methods |
The course is lecture based, using
various texts, journal articles, cases, research results, and
current events and news to illustrate the topic of the session.
In addition, participants will have to solve three case studies
which are to be discussed during the exercises. |
Student workload |
Teaching |
42 hours |
Examination |
48 hours |
Preparation |
116 hours |
|
Expected literature |
Steen Thomsen & Martin Conyon. Corporate Governance;
Mechanisms and Systems. McGraw Hill 2012. Complementary excerpts
from books and articles will be downloadable from LEARN.
Case studies will have to bought by the individual student.
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