19-20 MN3725: Corporate Governance

1. Aims

This course will examine international and theoretical perspectives on Corporate Governance (CG). The emphasis will be on developing a critical analysis of the corporate governance theories and neo-liberal views on corporate governance. The areas that we will explore further during the term is the role of board of directors, regulation and policies and political connectedness and its relationship with the firm value and performance. Students will also learn about prevailing debates on insider- versus outsider-controlled corporate governance regimes, especially in relation to UK, US and other markets. Company specific cases and international comparisons will broaden the scope of the course. In addition to the case studies based on western corporations, the course will also examine CG issues in a range of emerging economies and diverse industries.

2. Learning Outcomes

By the end of this course, students should:
• Develop a good understanding of a number of diverse theoretical positions on corporate governance
• Critically evaluate the concepts of control, accountability and transparency within the context of corporate
governance
• Analyse the role of regulation and its comparative national context
• Discuss new trends in emerging market business groups and multinationals
• Apply theoretical frameworks within the context of corporate governance to real world cases and business
issues