MGMT09023 2019 Corporate Governance

General Details

Full Title
Corporate Governance
Transcript Title
Corporate Governance
Code
MGMT09023
Attendance
N/A %
Subject Area
MGMT - Management
Department
SOCS - Social Sciences
Level
09 - NFQ Level 9
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2019 - Full Academic Year 2019-20
End Term
9999 - The End of Time
Author(s)
Breda McTaggart
Programme Membership
SG_HPROF_M09 000000 Master of Arts in Humanities in Professional Leadership
Description

The aim of this module is to develop the learners' awareness and understanding of corporate governance issues in relation to professional work in the public, private and third sector. The module will investigate corporate governance issues within and throughout privately-held firms, publicly-held corporations and government-controlled organisations. It will explore links between management and governance through both theoretical analyses and empirical investigations in support of the learners understanding of rules, codes, principles, practices, processes, mechanisms, structure and relationships. Learners will get the opportunity to explore the application of knowledge to real-life case scenarios.

Learning Outcomes

On completion of this module the learner will/should be able to;

1.

Appreciate the corporate governance and ethical issues pertaining to organisations.

2.

Understand corporate governance theories and frameworks application to various corporate governance structures.

3.

Critically evaluate the key factors shaping the debate on the recent development of corporate governance regulations and codes.

4.

Critically review approaches to corporate governance internationally.

Teaching and Learning Strategies

Live learning and campus-based learning

Synchronous online learning will occur weekly. The use of real case studies, problem-based learning and guest lecturing will be part of this learning experience.

Campus-based learning once per term. Students will contribute to the plan for the campus-based component of this module. 

Module Assessment Strategies

Assessment One:

Individual Project (40%) - critique a corporate governance section from the annual report of an Irish Listed Company

Assessment Two:

Group Work (20%) - students to choose an organisation for in-depth investigation of the Broad of Directors and their governance perspective and effectiveness. The organisation can be an example of governance failure/ facing significant challenges or be a model for effective corporate governance on an industry, national or global scale.  Suggest group choose a publicly listed company due to the availability of information.  Lecturer to approve choose a company. 

Assessment Three:

Essay (40%) - Key issues in Corporate Governance today and how best to address them.  Critically assess whether Corporate Governance is an adequate tool to address the challenges for Corporations.

Repeat Assessments

The repeat assessment strategy will be dependent on overall grades and will be decided and documented at the Progression and Award Boards

Repeat submissions are capped at 40%.

Indicative Syllabus

LO1) Appreciate the corporate governance and ethical issues pertaining to organisations. Students will begin by gaining an understanding of what cooperate governance is, including is its definition, history, and its application to today environments. Types of corporate governance systems will be reviewed, including the composition of the board of directors, corporate control and the role of non-executive directors. Real life examples in public, private and third sector will be used to outline the complexes of the governance process and the challenges that may occur within this including coronate governance failures.

LO2) Understand corporate governance theories and frameworks application to various corporate governance structures.  Two paradigms will be examined, the principal agent's theory and the contingency theory. In addition,  basic governance institutions will be examined i.e. the annual meeting, the board, management, outside stakeholders.  Students will also acquire an understanding of shareholder and stakeholder views of cooperate governance systems. 

LO3) Critically evaluate the key factors shaping the debate on the recent development of corporate governance regulations and codes.  Key shaping factors such as personalities,  business model and industry context, ownership, legal and political environments will be explored. Recent case studies exploring corporate governance regulations and codes will be reviewed against who were the shapers of these documents/guidance.

LO4) Critically review approaches to corporate governance internationally. The student will get the opportunity to review and examine the striking differences between countries’ corporate governance systems, including the difference in the ownership and control of firms, the board philosophies,  that exist across countries including outsider and insider systems of corporate governance.

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
100 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Group Work Continuous Assessment Group Project 20 % Week 7 2,3,4
2 Individual Project Continuous Assessment Assessment 40 % Week 9 1,2
3 Essay Continuous Assessment Essay 40 % Week 13 1,2,3,4

Required & Recommended Book List

Required Reading
2011-12-12 Corporate Governance Wiley

In the wake of the recent global financial collapse the timely new edition of this successful text provides students and business professionals with a welcome update of the key issues facing managers, boards of directors, investors, and shareholders.

In addition to its authoritative overview of the history, the myth and the reality of corporate governance, this new edition has been updated to include:

  • analysis of the financial crisis;
  • the reasons for the global scale of the recession
  • the failure of international risk management
  • An overview of corporate governance guidelines and codes of practice;
  • new cases.

Once again in the new edition of their textbook, Robert A. G. Monks and Nell Minow show clearly the role of corporate governance in making sure the right questions are asked and the necessary checks and balances in place to protect the long-term, sustainable value of the enterprise.

Features 18 case studies of institutions and corporations in crisis, and analyses the reasons for their fall (Cases include Lehman Brothers, General Motors, American Express, Time Warner, IBM and Premier Oil.)

Required Reading
2004-08-12 Theories of Corporate Governance Routledge
ISBN 041532307X ISBN-13 9780415323079

This book provides a valuable grounding in the classical theories underpinning contemporary analysis of corporate governance.

Required Reading
2005-05-03 Cases in Corporate Governance SAGE Publications Ltd
ISBN 1412908779 ISBN-13 9781412908771

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Required Reading
2008-08-14 The New Corporate Governance in Theory and Practice OUP USA
ISBN 0195337506 ISBN-13 9780195337501

Module Resources

Non ISBN Literary Resources

.

Journal Resources

Journal of Management and Governance

International Journal of the Economics of Business

URL Resources

.

Other Resources

Codes of Governance will be examined as part of this module. The lecturer will decide which code(s) based on learner need.