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2017/2018  BA-BINBO1602U  GLOBE Strategy and Regulation in European Business

English Title
GLOBE Strategy and Regulation in European Business

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Quarter
Start time of the course First Quarter, Second Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in International Business
Course coordinator
  • Alfred Reckendrees - MPP
  • Martin Jes Iversen - SI
Main academic disciplines
  • Globalization and international business
  • International political economy
  • Organisational behaviour
Last updated on 16-08-2017

Relevant links

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors: After having completed the course the students should be able:
  • to provide comprehensive knowledge about European Institutions, European Integration and regulation
  • to describe and discuss central problems of European regulation
  • to understand institutional diversity and Varieties of Capitalism across Europe
  • to reflect upon the institutional dynamics of public regulations and corporate growth strategies in a governmental regime perspective
  • to understand the dynamic relationship between European integration and corporate growth strategies in different business system and in different industrial sectors
  • to discuss challenges, competing approaches and evaluations of the process of European Integration as well as the formation of the EURO
  • to write a clearly structured analysis (synopsis) of a corporate case in relation to European Regulation, which meets the standards of academic writing
Course prerequisites
GLOBE students only.
Examination
GLOBE Strategy and Regulation in European Business:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual oral exam based on written group product
Number of people in the group 3-5
Size of written product Max. 15 pages
15 standard pages text (2.275 characters incl. spaces)
+ title, list of content, reference list, appendix
Assignment type Synopsis
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-step scale
Examiner(s) Internal examiner and external examiner
Exam period Autumn and Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Same as ordinary exam
Description of the exam procedure

The oral examination is based on the synopsis, the course literature and the students 'logbook' entries during the course (see teaching methods).

Course content and structure

This course provides the students with an in-depth understanding of the dynamic relation between corporate strategy and public regulation in Europe. It provides comprehensive knowledge about European business regulation and the variety of business systems that exist across Europe. The focus is the economic integration of European markets in relation to changing corporate strategies and the economic development. For this purpose, theories of economic integration, corporate strategy and political economy are equally important.

 

The course is organized into six topics:

  1. It begins with an introduction to Danish capitalism and how it evolved over time. It serves as an example of the process of change over time and how present institutions have emerged grounded in decisions of the past. The focus is on the dynamic formation of markets.
  2. The next topic will be the European Union and European economic integration: European business, the evolution of European integration and Europe´s institutional framework. A study trip to Bruxelles is a crucial element in this period. The section will be completed by broader discussion of the European political economy and the challenges of today, including the EURO-crisis and exit from the Union (Brexit).
  3. Not only the European Union, also national institutions shape the background for economic activity. Europe is characterized by distinct varieties of business systems and capitalisms. Four categories will be discussed: Market capitalism, managed capitalism, state capitalism and Eastern European capitalism.
  4. Business activities are regulated on a national as well as on a European level. These regulations are not only limitations, because business activity needs property rights and a legal system that provides security for economic transactions and for investments. Does need more “regulation”? How is Europe regulated and what are the dimensions of regulation is the fourth topic of the course.
  5. Business acts strategically. Corporate cases are used for a discussion about the impact of European regulation, European politics and global disruption including new market logics and business models colluding with existing institutions. While regulations usually restricts or channels particular activities, it may also create space for entrepreneurial activity.
  6. We will use our insights from the course and discuss with corporate representatives about challenges for companies in Europe, global disruption and changing strategies of companies. The discussion includes both corporate presentations and select student group presentations of corporate cases and challenges.
Teaching methods
The course is based on a combination of lectures, group work, panel discussions, and from time to time brief input presentations from students.

The foundation for this course is that the learning process is strengthened when the student takes responsibility for his or her own learning.
Responsibility includes the preparation of texts and other materials that may be used in class. Preparation does not mean only reading or watching, rather understanding the text and answering reading questions. Students groups are expected to meet 1h ahead of the class.

In order to support the learning process students shall write a weekly "logbook" entry. This task may include a summary of theoretical ideas, a review of an article, a commentary on European politics, or exercises in relation to the synopsis and the oral exam.
Feedback during the teaching period
Feedback will be given on the weekly brief assignments; it will include peer-review from other students.
Feedback will be given during and after class as well as during office hours (students need to approach the teacher)
Student workload
Classes 42 hours
Preparation for class 108 hours
Home assignments 36 hours
Exam preparation 10 hours
Examination 0,5 hours
Expected literature

The course uses a textbook. Students can buy it a the Academic books (Solberg Plads):

Terrence R. Guay: The Budiness Environment of Europe. Firms, Government, and Institutuitions, Cambridge: Cambrudge University Press 2014.

 

Further readings and materials will be provided via CBS learn (link to CBS library).

 

Suggested further reading for interested students:

Neil Fligstein: Euroclash. The EU European Identity, and the Future of Europe, Oxford: Oxford University Press 2008.

 

Last updated on 16-08-2017