Full module specification
|Module title:||Corporate Governance|
|Duration of module:||
Duration (weeks) - term 1: |
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 Activities||Guided independent study||Placement / study abroad|
Details of learning activities and teaching methods
|Category||Hours of study time||Description|
|Form of assessment||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Tutorial questions for promoting critical discussion||5 hrs preparation by student/ 1 hr in class discussion||1-11||Verbal in tutorials and suggested guidelines on ELE|
Summative assessment (% of credit)
|Coursework||Written exams||Practical exams|
Details of summative assessment
|Form of assessment||% of credit||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Individual essay||20||2000 words||1-8, 12,13||Feedback sheet|
|Examination||80||2 hours||1-8||Suggested guidelines on ELE|
Details of re-assessment (where required by referral or deferral)
|Original form of assessment||Form of re-assessment||ILOs re-assessed||Timescale for re-assessment|
|Essay and Examination||Examination (100%)||1-13||Aug/Sep|
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
Indicative learning resources - 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?
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