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Type: |
OP | Curs: |
5 | Period: |
S semester |
ECTS Credits: |
4 ECTS |
Group | Teacher | Department | Language |
---|---|---|---|
Yulia Ponomareva | Dirección General y Estrategia | ENG |
1. Introduction to corporate governance: An Agency ViewDuring this session we will provide a general overview of the course. We will discuss the main approaches to corporate governance and dominating theories within the field. We will identify and analyze key actors and how they exercise their influence on companies in different institutional contexts.Assigned readings: Abdullah H., Valentine N. 2009. Fundamental and Ethics Theories of Corporate Governance, Middle Eastern Finance and Economics, 4 |
2. Introduction to Corporate Governance: A Stewardship ViewDuring this session we will continue discussing main theories of corporate governance and their assumptions about the drivers of individual behavior.Warsh, D. 1989. How selfish are people - Really? Harvard Business Review, 67: 26-34. Sundamurthy, C., & Lewis, M. 2003. The paradoxes of governance, The Academy of Management Review, 397-415. |
3. Executive LeadershipDuring this session we will focus on the role of top executives in strategy and governance of a corporation. The key topics will be managerial discretion, the role of incentives and motivation, and the influence of individual characteristics on organizational outcomes.Assigned readings: Finkelstein, S. Hambrick, D. and Canella, A. (2009). Chapter 5 ¿Top Management teams¿ in Strategic leadership: Theory and research on executives, top management teams, and boards. USA:OxfordUniversity Press.' Kahneman, D., Lovallo, D.& Sibony, O. (2011). Before you make that big decision.... Harvard business review. 89. 50-60, 137. |
4. The Evolution of the BoardDuring this session we will discuss evolution and effectiveness of directors roles. The focus of the session will be boards' structure, dynamics and processes and their influence on value creation.Assigned readings: Chapter 3 Directors: Monitoring in Monks R.A.G and Minow N. 2004. Corporate Governance, Third edition, Oxford: Blackwell. Sonnenfeld, J.A., Kusin, M. and Walton, E. 2013. What CEOs Really Think of Their Boards, Harvard Business Review |
5. Ownership, Control and Firm PerformanceIn this session we will contrast and compare different types of business owners, their objectives, needs and strategies they use to exercise influence their firms.Assigned readings: Fox, J., & Lorsch, J.W. 2012. What good are shareholders? Harvard Business Review, July-August, 49-57. Connelly, B. L., Hoskisson, R. E., Tihanyi, L. & Certo, S. T. (2010) Ownership as a form of corporate governance, Journal of Management Studies, 47(8): 1561-1589. |
6. The Gatekeepers of the MarketThis section will focus on the role of auditors, media, and financial analysists in the governance practices in corporations.Assigned readings: Weiss, L. 2012. If the Auditors Sign Off, Does That Make It Okay? HBR Bednar, M. K. 2012. Watchdog or lapdog? A behavioral view of the media as a corporate governance mechanism. Academy of Management Journal, 55: 131-150. |
7. The Ideology of Corporate GovernanceAt this section we will discuss ideology, values and ethics in corporate governance.Assigned readings: Mukunda, G. 2014. The price of Wall street power. Harvard Business Review Case study: Dell¿s eclipse as a public corporation. The case of corporate governance Assignment: 1 Page Case write-up due to the beginning of the session |
8. Course Wrap up: Bundles of corporate governance mechanismsDuring this section we will conclude the course by going over the key mechanisms of corporate governance and discussing their joint influence within different types of institutional contexts. |
9. Team project presentations |
10. Final exam |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
Team Project | ||||||||||
Class Participation | ||||||||||
Final Exam | ||||||||||
Case write ups | ||||||||||
Readings Presentation |
Description | % |
---|---|
Team Project | 20 |
Class Participation | 20 |
Final Exam | 40 |
Case write ups | 10 |
Readings Presentation | 10 |
Group | Teacher | Department |
---|---|---|
Yulia Ponomareva | Dirección General y Estrategia |