Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Seminar
Workshop
Module Offerings
6059YPCBM-JAN-PAR
Aims
Over the past number of decades, there has been several important changes in the area of corporate governance, both at an international and national level. Globalisation increasingly requires firms and their management to have a solid understanding of key governance issues and the possible implications of these on firm behaviour and thus, performance. Therefore, this module aims to introduce students to corporate governance, its practice and related theoretical underpinnings.
Learning Outcomes
1.
Explain the concept of corporate governance, examine its roots and demonstrate knowledge of recent developments in corporate governance research and practice
2.
Critically evaluate the key theories/philosophies in corporate governance research and their practical relevance in terms of encouraging incentive-alignment between interested parties with conflicting incentives in the corporate setting
3.
Critically and comparatively evaluate major cross-country differences regarding corporate governance regulation and practice
4.
Research and critically assess a contemporary issues in corporate governance using an appropriate empirical approach
Module Content
Outline Syllabus:Introduction to corporate governance and an examination of its evolution
Examination of the difference between corporate governance and corporate management
Theories and philosophies of corporate governance
Corporate governance around the world/ International models of Corporate Governance
Structures and policies necessary for effective corporate governance e.g. examination of board architecture, functions of the board and other key positions of governance and their associated roles
Current/emerging issues in corporate governance at both national and international level
The economics of corporate governance
Capital structure and firm valuation
Pay-out policies and finance
Additional Information:This module introduces students to corporate governance and finance, its practice and related theoretical underpinnings. It focuses on corporate governance from both a national and an international perspective and introduces contemporary academic literature to develop students’ critical appreciation of contemporary issues surrounding corporate events, valuation theory and practice.