Last modified: 22 May 2019 17:07
This course will discuss the trajectory of the development of corporate governance over the past three decades, especially in the UK and the US, with a view to understanding the extent to which underlying theoretical assumptions and policy decisions impact legislative, regulatory and self-regulatory arrangements as well as reform options. Students will gain an understanding of why the company as a legal entity has the shape and form that it does; why certain actors are regarded as internal to corporate governance arrangements and others external; and why ongoing (and sometimes apparently futile) reform efforts take the form that they do.
| Study Type | Undergraduate | Level | 4 |
|---|---|---|---|
| Term | Second Term | Credit Points | 25 credits (12.5 ECTS credits) |
| Campus | None. | Sustained Study | No |
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This course will discuss the trajectory of the development of corporate governance over the past three decades, especially in the UK and the US, with a view to understanding the extent to which underlying theoretical assumptions and policy decisions impact legislative, regulatory and self-regulatory arrangements as well as options for reform. Students will gain an understanding of why the company as a legal entity has the shape and form that it does; why certain actors are regarded as internal to corporate governance arrangements and others as external; and why ongoing (and sometimes apparently futile) reform efforts take the form that they do. It will also introduce students to theoretical developments that challenge received wisdom and open the door to more radical reform - albeit that they raise more fundamental questions about assumptions underpinning a wider array of societal arrangements and do not by any means offer easy answers.
Information on contact teaching time is available from the course guide.
1st Attempt: Three hour exam. Students must answer 3 questions out of 6 (100%). Resit: Normally, no resit is available.
Each student must write one 1500-word essay based on a past exam question. Each student will receive individual feedback on this essay.
Feedback will be provided on the feedback form within three weeks from the date of submission.
Students will know and understand the different ways in which corporate governance is defined based upon different theoretical models; the different approaches taken to corporate governance in key influential jurisdictions; the impact of the financial crisis on the debate on corporate governance; and likely future directions in which the field will evolve.
The course will help students develop skills in listening effectively and expressing ideas clearly and cogently; practise analytical,
problem-solving and writing skills through formative assessment; practise computer skills through the use of the VLE; and develop oral skills through seminar discussions.
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