The main themes adressed are :
- The different corporate governance frameworks and mechanisms
- the distinctive feautures of the European governance systems in comparison with other systems
- Europe's practices, codes and models of corporate governance
During their programme, students of the LSM Master's in management or Master's in Business engineering will have developed the following capabilities'
- Decide and act responsibly, while taking into account the social, economic and environmental sometimes antinomic, outcomes in the short, medium and long term, for the various stakeholders.
KNOWLEDGE AND REASONING
Activate and apply the acquired knowledge accordingly to solve a problem.
WORK EFFECTIVELY IN AN INTERNATIONAL AND MULTICULTURAL ENVIRONMENT
- Position and understand the functioning of an organization, in its local and international socio-economic dimensions and identify the associated strategic issues and operational decisions.
TEAMWORK AND LEADERSHIP
- Work in a team :Join in and collaborate with team members. Be open and take into consideration the different points of view and ways of thinking, manage differences and conflicts constructively, accept diversity.
COMMUNICATION AND INTERPERSONAL SKILLS
- Express a clear and structured message, both orally and in writing in their mother tongue, in English and ideally, in a third language, adapted to the audience and using context specific communication standards.
La contribution de cette UE au développement et à la maîtrise des compétences et acquis du (des) programme(s) est accessible à la fin de cette fiche, dans la partie « Programmes/formations proposant cette unité d’enseignement (UE) ».
- Corporate governance: definition and models -
- Corporate governance definition -
- Agency theory versus stakeholder theory -
- External and internal factors influencing Corporate Governance -
- Anglo-Saxon model and European continental model of Corporate Governance
II. EU Corporate Governance Framework
III. One tier board and two tier board systems -
- One tier board
- Two tier board
- Presentation of the situation in various jurisdiction
IV. Institutional investors -
- Shareholders vs investors
- Various types of shareholders
- Shareholder’s activism -
- Voting practices of institutional investors
V. Transparency -
- Communication and Corporate Governance -
- Internal control and Corporate Governance -
- Auditing and Corporate Governance
VI. Enron, Parmalat, VW – Lessons to be learned
VII. Ethics, governance and the law – Prevention and prohibition of market abuse
In-class activities -
At home activities -
- Readings to prepare the lecture -
- Paper work -
- Students presentation
des acquis des étudiants
Continuous evaluation (30%)
- Type of evaluation: Group work presentation during the semester
Evaluation week (30%)
- Written test during the semester
Examination session (60%)
- Oral in January
For the second session ( for students that failed in january) only the oral exam will be taken into account for the grade.
- international content
- international case study
- case study
- corporate guest
Provided during the class