English   Danish

2019/2020  MA-MMBFV2076U  Corporate Governance

English Title
Corporate Governance

Course information

Language English
Course ECTS 3 ECTS
Type Elective
Level Part Time Master
Duration One Quarter
Start time of the course Fourth Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Full-Time MBA
Course coordinator
  • Steen Thomsen - Department of Accounting (AA)
Main academic disciplines
  • Corporate governance
  • Cultural studies
  • Economics
Teaching methods
  • Face-to-face teaching
Last updated on 10-09-2019

Relevant links

Learning objectives
  • Learn how to identify and analyze corporate governance (agency) problems.
  • Learn to analyze how the corporate governance of a particular company is likely to influence its economic performance.
  • Learn to appreciate how the governance, behaviour and performance of individual companies are shaped by the governance system, in which they operate.
Examination
Corporate Governance:
Exam ECTS 3
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Case based assignment
Duration 24 hours to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Summer
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content, structure and pedagogical approach

The course covers the theory and mechanisms of corporate governance and comparative systems of governance. We focus on agency problems in listed firms, how they can be mitigated by ownership, boards and other mechanisms, and how alternative governance models handle their problems. 

 

The aim of this course is to gain an in-depth understanding and working knowledge of corporate governance. The course will introduce the students to corporate governance issues and teach them to analyze how different corporate governance mechanisms – like ownership and board structure, legal systems and incentives – contribute to the solution of agency problems and influence corporate economic performance. Using this framework the course will then study the impact of corporate governance on corporate performance depending on company specific factors. The course will enable students to undertake a corporate governance review of an individual company including an assessment of how ownership, board structure, managerial incentives and system characteristics influence company performance.

Description of the teaching methods
Students will learn through a combination of pedagogic methods. Lectures combined with in class discussion of company case studies will be based on assigned readings, i.e. a textbook and some research papers. The course will consist of lectures, classroom discussion, a case discussion, and Q&A sessions with experts from the business community. Students will be divided into study groups who are asked to give case presentations and structure dialogue with prominent experts from the business community. The groups will published on LEARN a week before the course start
Feedback during the teaching period
The interactive case discussion format allows for continuous feedback. The students are expected to attend class, be prepared and participate in the case discussions.
Student workload
Teaching 20 hours
Preparation 20 hours
Examination 10 hours
Last updated on 10-09-2019