2022/2023 KAN-CPHIO2201U Finance and Society
English Title | |
Finance and Society |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Full Degree Master |
Duration | One Semester |
Start time of the course | Autumn |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for BSc/MSc in Business Administration and
Philosophy, MSc
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Course coordinator | |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 23-08-2022 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors:
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Examination | ||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||
The overall aim of this course is to give the students a contextual and critical understanding of the corporation, and finance as well as their interrelation as a central figure in contemporary society. The course provides the students with an opportunity to bring together the conceptual philosophical toolbox and skills from other courses in order to critically analyse key institutions and practices of the contemporary economy and how the economic, political, social and cultural world are brought together.
Within political, historical and philosophical studies of the corporation, it has increasingly been acknowledged that the corporation must be understood not as a purely economic phenomenon, but as a political entity, that is politically constituted and that wields political power both externally and internally over its members. On the other hand, within finance studies, it has increasingly been acknowledged that the financial world is by no means detached from the wider society, rather its role and intertwined status has been much debated. This has given rise to questions like: How can we understand the corporation as a political actor? Who are the constituents, owners and stakeholders of the corporation? How can we regulate corporations, through different models of corporate governance, purpose, democratization? Do we need more regulation of multinational corporations and the financial sector in general? What consequences does the privatization of the exchanges have on the wider society? How should the corporations in general be organised in order to serve the greater public interests? How do we as a society hold such entities accountable for their actions? This course aims to provide students with an opportunity to think about and discuss these issues and how the corporation and financial institutions relate to societal changes more generally. |
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Description of the teaching methods | ||||||||||||||||||||||
The course promotes the analysis of multinational
corporations and financial markets as a set of powerful
institutions and widely diffused logics of organisation, valuation,
and distribution in our societies. The course offers a unique
cross-disciplinary platform in which the political, cultural,
economic and social character of corporations and the society-wide
implications of the increased role of financial institutions and
corporations in contemporary society is analysed.
Teaching will comprise lectures, student group discussions and presentations. The course builds upon three main themes: 1) Introduction to the history of the corporation and financial markets as an object of philosophical, sociological and cultural analysis. 2) Organizational culture and approaches to agency in contemporary society 3) Regulatory aspects related to the increased finance and the corporation. This includes a focus on different regulatory regimes and corporate governance. |
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Feedback during the teaching period | ||||||||||||||||||||||
This course is based on dialogue and discussion between the students and the instructor as well as in between the student group. All students are required to take part in discussions which will receive feedback from the instructor. This aims to enhance the students ability to critically reflect upon the required readings in and through student-centred dialogue. | ||||||||||||||||||||||
Student workload | ||||||||||||||||||||||
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Further Information | ||||||||||||||||||||||
The literature for the course will mostly be academic texts supplemented with articles from international newspapers and other case material. Classes will focus on student discussion and class discussion. The students are required to be well prepared for each class. Students are required to discuss and debate topics with each other in class. |
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Expected literature | ||||||||||||||||||||||
The literature for the course will mostly be academic texts supplemented with articles from international newspapers such as the New York Times, Financial Times, and the Economist. Classes will focus on student presentations and class discussion. The students are required to be present and to be well prepared for each class. Students are required to present and to debate topics with each other in class. |