| Description | The focus of this unit is on systems of corporate governance and the processes of accountability through which they are effected and effective. The course will introduce students to the roles of key institutions through which governance is effected; boards of directors and within these executive and non-executive directors, investors and pension funds, analysts, regulators and the media. The course will also introduce students to the key conceptual frameworks through which corporate governance has been studied; agency theory, stakeholder theory, stewardship theory, resource dependence theory and theories of accountability and governance. The course will look at emergent issues within corporate governance including the emergence of new standards in relation to corporate social responsibility, the conduct of multi-nationals, and contrasting theories of international convergence or path-dependence in relation to corporate governance in both developed and emergent economies. |
