1. Course Code / C31CG / 2. Course Title / Corporate Governance: Theory and Research / 3. SCQF Level / 11 / 4. Credits / 15
5. School / Management and Languages / 6. Course Coordinator / Dr Edward Jones
7. Delivery: Location & Semester / EdinP
Sem 1 / SBC
Sem…. / Orkney
Sem……….. / Dubai P
Sem 1 / IDL
Sem…. / Collaborative Partner
Name…………………….....Sem..…... / Approved Learning Partner
Name …………………………………Sem………..
8. Pre-requisites
9. Linked Courses (specify if synoptic)
10. Excluded Courses
11. Replacement Courses / Code:
Date Of Replacement: / 12. Degrees for which this is a core course / MSc. in Finance, MSc. Finance and Management
(and an elective course for: MSc in Investment Management and MSc. in International Accounting and Finance)
13. The course may be delivered to: / UG only / PG only P / UG & PG / 14. Available as an Elective? / Yes
15. Aims
To develop and understanding of issues relating to corporate governance and the financial research methods used to approach them.
16. Syllabus
Principal-Agent Theory
Stakeholder Theory
Methodology for studying Corporate Governance
Internal Corporate Governance Mechanisms
Board of Directors
Executive Compensation
The Market for Corporate Control
17. Learning Outcomes (HWU Core Skills: Employability and Professional Career Readiness)
Subject Mastery
/ Understanding, Knowledge and Cognitive Skills / Scholarship, Enquiry and Research (Research-Informed Learning)
The learner will be able to evaluate and critically analyze academic research and enable informed judgment on the current market practice in the following areas:
· theoretical underpinnings of corporate governance
· event study methodology
· effects of different corporate governance mechanisms on managerial behavior and shareholder wealth
cross-country differences in corporate governance practices
Personal Abilities
/ Industrial, Commercial & Professional Practice / Autonomy, Accountability & Working with Others / Communication, Numeracy & ICTThe learner will be able to:
· Be aware of the different sources of information, its relevance and value and its credibility, and how it can be used in the area of finance.
· Be aware of and able to critically evaluate the academic debate over the design of corporate governance mechanisms from the point of view of different stakeholders.
18. Assessment Methods / 19. Re-assessment Methods
Method / Duration of Exam
(if applicable) / Weighting (%) / Synoptic courses? / Method / Duration of Exam
(if applicable) / Diet(s)
Exam / 2 hours / 70% / no / Exam / 2 hours
Coursework / 30%
20. Date and Version
Date of Proposal / February 2012 / Date of Approval by School Committee / Date of Implementation / Version Number / 2
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