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B028962 - MOD.I-CORPORATE GOVERNANCE (SINGLE MODULE)
Main information
Teaching Language
Course Content
Suggested readings
Learning Objectives
Prerequisites
Teaching Methods
Further information
Type of Assessment
Course program
Sustainable Development Goals 2030
Academic Year 2021-22
Coorte 2021 - Second Cycle Degree in ECONOMICS AND DEVELOPMENT
Course year
First year - Second Semester
Belonging Department
Economics and Management (DISEI)
Course Type
Single education field course
Scientific Area
SECS-P/08 - MANAGEMENT
Credits
6
Teaching Hours
48
Teaching Term
21/02/2022 ⇒ 31/05/2022
Attendance required
No
Type of Evaluation
Final Grade
Course Content
show
Course program
show
Lectureship
Mutuality
Course teached as:
B019220 - MOD. I - CORPORATE GOVERNANCE
Second Cycle Degree in FINANCE AND RISK MANAGEMENT
B019220 - MOD. I - CORPORATE GOVERNANCE
Second Cycle Degree in FINANCE AND RISK MANAGEMENT
Teaching Language
English
Course Content
The main topics are:
- Definitions of corporate governance.
- Main theories of corporate governance.
- Corporate governance systems (outsider systems versus outsider systems).
- Structure, functions and roles of boards of directors.
- Compensation and stock options.
- Owership and control
- Corporate governance codes around the world.
- Corporate governance and the value for shareholders and stakeholders.
- Corporate governance in banks.
- Concrete examples of “good” and “bad” governance
- Definitions of corporate governance.
- Main theories of corporate governance.
- Corporate governance systems (outsider systems versus outsider systems).
- Structure, functions and roles of boards of directors.
- Compensation and stock options.
- Owership and control
- Corporate governance codes around the world.
- Corporate governance and the value for shareholders and stakeholders.
- Corporate governance in banks.
- Concrete examples of “good” and “bad” governance
Suggested readings (Search our library's catalogue)
Zattoni A. (2020). Corporate Governance. Egea. (selected chapters)
Tricker B., (2012). Corporate Governance. Principle, Policies and Practices. Oxford University Press (selected chapters)
Goergen M., (2012). International Corporate Governance. Pearson ed. (selected chapters)
N.B. Alternately to Goergen (2012):
Goergen (2018) may
Goergen M., (2018). Corporate Governance. A golbal perspective. Pearson ed.
Tricker B., (2012). Corporate Governance. Principle, Policies and Practices. Oxford University Press (selected chapters)
Goergen M., (2012). International Corporate Governance. Pearson ed. (selected chapters)
N.B. Alternately to Goergen (2012):
Goergen (2018) may
Goergen M., (2018). Corporate Governance. A golbal perspective. Pearson ed.
Learning Objectives
This course aims to provide a deep understanding of the fundamentals of corporate governance from a variety of angles – the board of directors, senior management, investors, media, regulators and society – and from an international perspective. It focuses on
assessing the effectiveness and execution of governance roles and responsibilities
assessing the effectiveness and execution of governance roles and responsibilities
Prerequisites
none
Teaching Methods
Class sessions will be a mix of presentations/lectures, cases and class discussions
Further information
Moodle will be our platform to upload documents, papers and send messages to students
Type of Assessment
Students are required to develop a final essay in class (written exam).
They will have 40 minutes to complete the exam.
They will have 40 minutes to complete the exam.
Course program
1 Introduction to corporate governance:
2 Why does corporate governance matter? The evolution of corporate governance and its definitions
3 Corporate governance in an international perspective: taxonomies of corporate governance systems. Paper discussion: “Politically connected firms”
4 Theories and philosophies of corporate governance
5 Multiple agency costs (Paper discussion: “Minority shareholders vs large shareholder”)
6 control vs ownership rights
7 Outsider corporate governance systems (UK and US)
8 Insider corporate governance systems: Focus on Italy
9 Insider corporate governance systems: Focus on Germany
11 How do boards of directors work? Structure, functions and processes
12 Board composition
13 Independent directors/ busy directors
14 Diversity in the boardroom and Board effectiveness
15 Compensation structures of directors and incentive schemes. Stock options: a (un)useful incentive tool
16 Incentivizing and disciplining managers
17 Corporate governance and debtholders
18 CSR, ESG and corporate governance
19 Corporate governance in banks
20 CEO compensation in banks (paper discussion)
21 Managing conflicts
22 Managing conflicts
23 Leadership
24 Leardership
A detailed program is provided in moodle
2 Why does corporate governance matter? The evolution of corporate governance and its definitions
3 Corporate governance in an international perspective: taxonomies of corporate governance systems. Paper discussion: “Politically connected firms”
4 Theories and philosophies of corporate governance
5 Multiple agency costs (Paper discussion: “Minority shareholders vs large shareholder”)
6 control vs ownership rights
7 Outsider corporate governance systems (UK and US)
8 Insider corporate governance systems: Focus on Italy
9 Insider corporate governance systems: Focus on Germany
11 How do boards of directors work? Structure, functions and processes
12 Board composition
13 Independent directors/ busy directors
14 Diversity in the boardroom and Board effectiveness
15 Compensation structures of directors and incentive schemes. Stock options: a (un)useful incentive tool
16 Incentivizing and disciplining managers
17 Corporate governance and debtholders
18 CSR, ESG and corporate governance
19 Corporate governance in banks
20 CEO compensation in banks (paper discussion)
21 Managing conflicts
22 Managing conflicts
23 Leadership
24 Leardership
A detailed program is provided in moodle
Sustainable Development Goals 2030
5 - Gender equality
13 - climate action
16- Peace, justice and string institutions
13 - climate action
16- Peace, justice and string institutions