MGMT09023 2022 Corporate Governance

General Details

Full Title
Corporate Governance
Transcript Title
Corporate Governance
Code
MGMT09023
Attendance
N/A %
Subject Area
MGMT - 0413 Management & Admin
Department
SOCS - Social Sciences
Level
09 - NFQ Level 9
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2022 - Full Academic Year 2022-23
End Term
9999 - The End of Time
Author(s)
Breda McTaggart, Esther Quinn
Programme Membership
SG_HPROF_M09 202200 Master of Arts in Professional Leadership SG_HPROF_S09 202200 Postgraduate Certificate 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.

Evaluate 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%) - students will examine the annual report an organisation for in-depth investigation of the Board of Directors and their governance perspective and effectiveness.  Analyse against Industry best practice and seek to identify any governance weaknesses, significant challenges and effective corporate governance models.  Examine publicly listed company due to the availability of information.   

Assessment Two:

Group Work (30%) - Critique key issue(s) in Corporate Governance today and how best to address in practice.  Critically assess whether Corporate Governance is an adequate tool to address the challenges for corporations/ Public sector/ not for profit.

Assessment Three:

Action Learning Log (30%) - the Action Learning Log will demonstrate the continuity of reflection throughout the course, by completing a separate AL Log worksheet for each of the main topics. Action Learning Log gives evidence of students’ ability and commitment to ; 
1.    Critically think about content covered in class 
2.    Analysis the impact of the class in ‘real life’ scenarios and how it could be applied 

 

Repeat Assessments

Repeat assessments requirements will be based on failed components and be recorded at the Progression and Award Boards.

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 Coursework Assessment Group Project 30 % Week 7 2,3,4
2 Individual Project Coursework Assessment Assessment 40 % Week 12 1,2
3 Action Learning Log Coursework Assessment Assignment 30 % Week 13 1,2,3,4

Online Learning Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Online Online lecture 2 Weekly 2.00
Workshop / Seminar Flat Classroom Seminar 4 Once Per Semester 0.27
Independent Learning Not Specified Independent Learning 4.25 Weekly 4.25
Total Online Learning Average Weekly Learner Contact Time 2.27 Hours

Required & Recommended Book List

Required Reading
2020-10-09 Absolute Essentials of Corporate Governance Routledge
ISBN 0367361590 ISBN-13 9780367361594

This shortform textbook, a concise overview of the development and current state of corporate governance, provides a critical narrative on the field. Beginning with insightful historical background, the author shows how value-adding corporate governance involves more than unthinking compliance to a recitation of statutes, regulations and principles, devoid of context. Features include basic definitions, reviews of theoretical governance problems, and a world-wide review of current governance provisions along with more detail on the UK situation. Revealing the geology of governance in the business world, the book highlights its progress set into a framework of regulation and law. This textbook provides an a brief, authoritative summary of the field for two core audiences: as a reference for specialist readers, and as an concise introduction for non-specialist readers

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

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Other Resources

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

Additional Information