Corporate Governance and Organisation
Introduction and Aims
The issues surrounding the corporate governance of public companies have become steadily more important since the Cadbury report in 1992. Shareholders entrust their investments to managers who act as an agency. Non-executive directors carry out a different role in terms of accountability and control, as well as the overall direction, but not the management of the organisation. This represents a complex set of relationships, with possibly quite different agendum. Globalisation and the associated convergence of international capital markets raise further complications around the question of reconciling economic performance with corporate social responsibility.
This module assesses all of these issues and compares the main alternative models of governance globally before examining the role, responsibilities and duties of non-executive directors and their relationship with the management team on behalf of investors and other stakeholders.
Objectives and Learning Outcomes
By the end of the course all students will be expected to be able to:
- Understand the importance of corporate governance in a dynamic world.
- Understand the concept and role of corporate social responsibility and ethics.
- Compare the alternative models of corporate governance across the world.
- Explain the increasing problems associated with multi-agency.
- Critically evaluate perspectives from all contributing disciplines
- Appreciate the corporate governance problems arising in developing countries
Method of Assessment
- A group presentation and a 4000 word group assignment: 25%.
- A three hour examination: 75%