The purpose of this module is to provide students with a critical understanding of current issues in corporate governance theory, regulation and practice. The module begins with a critical review of agency theory and stakeholder theory. Next, the module examines the development of codes and regulations which influence corporate behaviour, such as the Combined Code and Operating and Financial Review in the UK, and the Sarbanes-Oxley Act in the US. Finally, the module considers several case studies relating to companies where corporate governance is seen to be an issue. The case studies are designed to reinforce understanding of the conditions under which corporate governance can break down and/or promote discussion of what is involved in trying to define 'good' corporate governance.
LEARNING OUTCOMES
On successful completion of the module, students will be able to:
* Critically assess the advantages and disadvantages of different approaches to corporate governance theory.
* Assess the benefits and costs associated with increased corporate governance regulation.
* Identify the potential reasons for corporate governance failure.
LEARNING OUTCOMES
On successful completion of the module, students will be able to:
* Critically assess the advantages and disadvantages of different approaches to corporate governance theory.
* Assess the benefits and costs associated with increased corporate governance regulation.
* Identify the potential reasons for corporate governance failure.
- Module Supervisor: Azimjon Kuvandikov
Category: Accounting