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School of Management, Unit Catalogue 2008/09


MN30435 Corporate governance in international comparison

Credits: 6
Level: Honours
Semester: 1
Assessment: EX70ES30
Requisites:
Before taking this unit you must take MN10006 or take MN10079 or take MN20026
Aims: This course aims to introduce students to key theoretical concepts in corporate governance, and use these concepts to understand the different economic, social and political contexts across advanced industrial and emerging economies.
Learning Outcomes:
This course should enable students to describe key aspects of corporate governance systems in a number of different countries, and analyse the strengths and weaknesses of these systems in comparison. Students should gain greater appreciation for the importance of social and political factors in shaping different models of firm organization across countries, and critically understand how new social science concepts were developed in response to changes in the real world of business management.
Skills:
Critical writing (F, A)
Interpretation of data (T, A)
Application of theories from economics, law, political science and sociology to real world cases (T, A)
Ability to use internet resources (F).
Content:
The module outlines key theories in the field of corporate governance, such as the agency, stewardship and stakeholder perspectives. It explores key dimensions of corporate governance in an internationally comparative perspective, outlining key differences around the world in patterns of ownership, the role and structure of boards, executive compensation and careers, the market for corporate control, and forms of employee participation. Different public policy approaches will be explored critically with regard to law, politics, culture, and other institutional factors. The module will also look at selected countries in depth, including the UK, USA, Japan, Germany, and emerging economies such as China.