Corporate Governance

Full module specification

Module title:Corporate Governance
Module code:BEA3009K
Module level:3
Academic year:2014/5
Module lecturers:
Module credit:15
ECTS value:

7.5

Pre-requisites:

None

Co-requisites:

None

Duration of module: Duration (weeks) - term 1:

9

Module aims

Corporate governance and the associated concept of accountability (“CGA”) is an integral part of modern business life and has a huge impact on corporations, directors, shareholders, and other stakeholders. It is therefore important for accountants to understand the key issues surrounding CGA. With this in mind, this module aims to:
• Provide students with an understanding of the nature, principles and mechanisms of CGA in contemporary business environments.
• Enable students to understand how different institutional settings influence the way the corporation / stakeholder relationship is managed and regulated in the UK and overseas.
• Help students to appreciate the role and importance of sustainability accounting and accountability.

ILO: Module-specific skills

  • 1. explain what CGA is and the theoretical framework underpinning it
  • 2. explain and evaluate the different mechanisms through which the objectives of CGA are attained
  • 3. compare and contrast different CGA systems/regimes and explain how different institutional settings (e.g. legal, political, cultural and social factors) influence the development of these systems/regimes
  • 4. discuss the wider issues of accounting and business ethics
  • 5. understand the issues surrounding sustainability accounting and accountability, as well as socially responsible investments
  • 6. understand the issues related to public sector governance and accountability

ILO: Discipline-specific skills

  • 7. exercise power of logical thinking and analysis to real world governance issues
  • 8. access a wide body of academic research literature and news paper articles to further extend their knowledge in the field of corporate governance
  • 9. critically evaluate and be able to discuss verbally and in writing theoretical arguments and empirical evidences relating to issues of governance (using where appropriate acknowledgement and referencing of source)

ILO: Personal and key skills

  • 10. develop critical thinking capabilities
  • 11. manage learning experience individually
  • 12. use appropriate learning resources
  • 13. structure and present ideas and arguments effectively in writing

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
32118

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Contact hours20Lectures
10Tutorials
2Revision

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Tutorial questions for promoting critical discussion5 hrs preparation by student/ 1 hr in class discussion1-11Verbal in tutorials and suggested guidelines on ELE

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
2080

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Individual essay202000 words1-8, 12,13Feedback sheet
Examination802 hours1-8Suggested guidelines on ELE

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Essay and ExaminationExamination (100%)1-13Aug/Sep

Syllabus plan

Corporate Governance: Framework and Mechanisms
• Board of Directors
• Executive Remuneration and Shareholder Activism
• Market for Corporate Control; Internal Control, Risk Management and Governance,
• Role of Other Gatekeepers: Investment banks, securities analysts and credit rating agencies; International Corporate Governance
• Governance Laws and Regulations: UK and International Perspectives
• Accounting and Business Ethics
• Sustainability Accounting and Accountability: The Context and Reporting
• Corporate Social Responsibility and Socially Responsible Investment
• Public Sector Governance and Accountability
• Revision

Indicative learning resources - Basic reading

Basic reading:
Solomon, J. and A. Solomon (2010) Corporate Governance and Accountability, 3rd Edition, Chichester: John Wiley & Sons, Ltd.
Mallin, C.A. (2010) Corporate Governance, 3Rd Edition, Oxford: Oxford University Press.
Unerman, J., Bebbington, J. and O’Dwyer, B. (2007), Sustainability Accounting and Accountability, London: Routledge
McPhail, K and Walters, D. (2009), Accounting and Business Ethics, London: Routledge

Module has an active ELE page?

Yes

Indicative learning resources - Web based and electronic resources

ELE will have copies of lecture handouts and power point presentations plus copies of a number of relevant articles and relevant websites.

Indicative learning resources - Other resources

Additional readings include journal articles and chapter extracts from books.

Last revision date

05/05/2011