Corporate Governance, Reporting and Regulation

Module description

This module aims to provide you with a thorough grounding in a number of key advanced topics of corporate governance theory, research and practice (including associated reporting and regulation).

Full module specification

Module title:Corporate Governance, Reporting and Regulation
Module code:BEAM026
Module level:M
Academic year:2016/7
Module lecturers:
  • Dr Giovanna Michelon - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

None

Co-requisites:

None

Duration of module: Duration (weeks) - term 2:

11

Module aims

This module aims to provide students with a thorough grounding in a number of key advanced topics of corporate governance theory, research and practice (including associated reporting and regulation); to develop their familiarity with and powers to criticise the academic literature; and to develop their ability to integrate and synthesise between topics in order to enter usefully into current debates and to suggest potentially fruitful avenues for development.

ILO: Module-specific skills

  • 1. List, describe, explain, relate, compare and contrast: Alternative definitions / conceptualisations of governance; Different contexts, rationales and drivers for corporate governance; Alternative paradigms in governance research; Different mechanisms for corporate governance; Alternative corporate governance frameworks and requirements; The different elements of economic, social, environmental and ethic responsibility; The different elements and aspects of corporate disclosure; Alternative mechanisms for executive compensation
  • 2. Cite, explain, select and apply appropriate models to suggest solutions to problems in: Development of corporate governance frameworks and requirements; Case (company) specific corporate governance and disclosure issues; The cost and value-relevance of corporate governance
  • 3. Derive, criticise and challenge models for: Development of corporate governance frameworks and requirements; Evolution of corporate governance frameworks in comparison to evolution of financial accounting and reporting requirements
  • 4. List, explain and criticise the key extant academic research upon module topics, including comment on context, research question(s), methodological approach, data, results, conclusions, achievement of objectives, and possible avenues for extension and improvement.
  • 5. Integrate and synthesise between module topics to discuss the key issues in corporate governance theory, research and practice (including associated reporting and regulation); comment on the associated current debates; and suggest potentially fruitful directions for development.

ILO: Discipline-specific skills

  • 6. Develop powers of research in the academic literature and texts
  • 7. Develop powers of academic literature criticism
  • 8. Apply and criticise governance models
  • 9. Develop powers of integration and synthesis to suggest potentially fruitful questions

ILO: Personal and key skills

  • 10. Critically evaluate theoretical arguments and empirical evidences
  • 11. Use appropriate learning resources
  • 12. 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
291210

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Contact hours18Lectures
Contact hours2Revision Lectures
Contact hours9Workshop classes

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Workshop classes 3 hrs preparation by student / 1 hr in class discussion1-12in class

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
20800

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Coursework test201 hour1 - 12Mark awarded Indicative answers posted on line
Examination802 hours1 - 12Fomral (departmental/University) channels
0

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

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Coursework test and ExamExamination (100%) 2 hours1 - 6Aug/Sep

Syllabus plan

• The various attempts to define governance
• The context, rationale and drivers for corporate governance: social, economic and legal
• The place of corporate governance in the regulatory framework
• History and evolution of the corporate governance framework in the UK
• Comparison of alternative international corporate governance frameworks
• Adherence to requirements of the corporate governance framework
• Corporate social responsibility
• Institutional investors and shareholder activism
• Corporate reporting and corporate governance
• Executive compensation
• Review

Indicative learning resources - Basic reading

 

A selection of book parts, including readings from:

 

Mallin, C. 2015. Corporate Governance, 5th Edition, Oxford University Press

 

Solomon, J. 2014. Corporate Governance and Accountability, 4th Edition, Wiley.

 

A selection of academic journal articles will be indicated via the ELE.

 

 

 

 

Module has an active ELE page?

Yes

Indicative learning resources - Web based and electronic resources

The Revised Combined Code on Corporate Governance and other materials via http://www.frc.org.uk/
FTSE4GOOD materials at, http://www.ftse.com/ftse4good/index.jsp
The International Corporate Governance Institute at http://www.icgn.org/

Indicative learning resources - Other resources

None.

Origin date

16/07/2014

Last revision date

25/07/2016