|Prerequisites for Module|
None in addition to course entry requirements or equivalent.
Aims of Module
To provide students with an understanding of corporate governance issues, focusing upon the system found in the UK and contrasting this with other systems worldwide. Students will critically explore: distribution of power within companies, the importance of risk management, audit, the role of institutional investors, global corporate governance and the interaction of corporate social responsibility, sustainability and ethics as concerns for good corporate governance.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
||Explain and critically analyse the legal, societal and governmental aspects of corporate governance;|
||Critically evaluate the fundamental concepts, principles and drivers behind the 'good governance' movement;|
||Compare and contrast the various corporate governance systems found in the global business arena;|
||Discuss the notorious corporate governance failures and the remedial actions they inspired;|
||Critically evaluate the effectiveness of the current corporate governance regime found in the United Kingdom.|
Indicative Module Content
This module will focus primarily on the Anglo/American system of corporate governance. The following aspects will be explored: The dynamics of the company; defining corporate governance; corporate governance failures; reform in the United Kingdom; the role of the board in corporate governance; the role of institutional investors; internal control and risk management; global aspects of corporate governance; stakeholder theory, corporate social responsibility and sustainability.
|Indicative Student Workload|
|Full Time||Blended Learning|
|VLE based interactive activies||10||10|
| || |
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Mode of Delivery
Either full time or blended learning.
||Learning Outcomes Assessed|
|Component 1 ||1,2,3,4,5|
Closed book examination contributes 100% to overall assessment
|1.||MALLIN, C.A., 2012. Corporate governance. 4th ed. Oxford: Oxford University Press.|
|2.||SOLOMON, J., 2013. Corporate governance and accountability. 4th ed. Chichester: John Wiley and Son*.|
|3.||TRICKER, B., 2015. Corporate governance: principles, policies and practices. 3rd ed. Oxford: Oxford University Press.|