SOAS University of London

School of Finance and Management

Corporate governance

Module Code:
15PFMC069
Credits:
15
Taught in:
Term 2

This course analyses legal/political/economic features of major corporate governance systems found around the world. It examines how corporate governance systems influence performance, including both the performance of individual firms and the allocation of capital within a country. It investigates the evolution of diverse ownership and governance structures across different economies.

To provide more practical guidance to students, the course compares corporate governance systems in various major economies (both advanced and developing/transition economies), examining how systems do work and how they might work better. It introduces emerging Corporate Governance Guidelines and Codes of Best Practice in different countries. It analyses such practical questions as: How should boards of directors and executive teams be composed? How should executives and board of directors be remunerated given the legal, political and economic framework in the country? How do CEOs decide about the mix of debt and equity finance and how does the mix affect their discretion and control over cash flow?

Objectives and learning outcomes of the module

The perspectives and analyzes listed above are of vital to various professional groups, such as investment bankers, corporate lawyers,venture capitalists, and business consultants, thus contributing to the future career development of the students.

Workload

Lectures
This module consists of a 2-hour weekly lecture over 10 weeks of term plus a revision lecture in term 3 as preparation for the final examination. Students will be supplied with a syllabus with a breakdown week by week of required and additional reading. Reading materials are usually accessed electronically from the BLE and students should come to class prepared.

Tutorials
This module also has a weekly 1-hour tutorial where the questions posed by the tutor relevant to the lecture are explored and discussed by the students. Students also prepare and deliver a short presentation.

Total Work load:
Students on this module will have 3 taught hours each week. Additionally, adequate personal study time should be allocated for reading and class preparation.

Method of assessment

Assessment for this module is in three elements:

  1. One tutorial presentation at 10%
  2. One essay of 2,500 words at 30%
  3. One unseen 2-hour written examination at 60%

All elements except the presentation may be resubmitted

Disclaimer

Important notice regarding changes to programmes and modules