This module will focus on board governance issues, from composition and structure, to tasks and responsibilities, particularly with respect to risk management, strategy, long-termism and sustainability.
This module will focus on board governance issues, from composition and structure, to tasks and responsibilities, particularly with respect to risk management, strategy, long-termism and sustainability.
Companies are the business vehicle of choice world-wide and one of the key issues both for investors and for regulators is the structure, composition and responsibilities of the board of directors. The real power in a company tends to be concentrated in the board with the result that directors may be inclined to advance their own interests rather than the interests of the investors (while risking the investors’ money, of course).
When companies collapse, often with substantial losses to investors and creditors, regulators too want to know why the board failed to manage the business in a sustainable way.
Hence, corporate governance is the key issue in the sustainability of large enterprises. Corporate governance is about the structure and composition of boards of directors, especially in traded companies (i.e. companies with shares traded on stock exchanges).
Much of the UK Corporate Governance Code, which leads the world in this regard, is focused on the structure, role and responsibilities of the board. The Code is ‘soft’ law, but is a significant regulatory tool coupled with the framework of hard law regulation of traded companies (statute and stock exchange rules). Practically every developed economy has a corporate governance code, most are based on the UK Code, and there are international examples as well, such as the G20/OECD Principles of Corporate Governance. All focus on the role of the board.
Learning Outcomes
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
Transferable and Generic Skills
Having successfully completed this module you will be able to:
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
The syllabus will focus upon (traded companies only):
Teaching and learning methods
Teaching methods include
Learning activities include:
Assessment Formative
Class discussions
Summative
About us
Join our community of staff, students and researchers at the University of Southampton. As a global top 100 university, our expert academics and wide range of study options will help you achieve your goals.
Our research impact
Uniting research disciplines, the University of Southampton aims to solve pressing global challenges. Our work ranges from enhancing cancer treatments to revolutionising renewable energy and defeating COVID-19. Uncover our multidisciplinary approach to a better future.
The corporate governance for directors programme is a two-day intensive course that will introduce the practice of corporate governance. In this programme, delegates will adopt a strong stewardship stance: corporate governors are in fact stewards of resources for owners, investors, customers and wi...
Develop the theoretical knowledge and practical skills to work as a company secretary. You’ll prepare for a dynamic career at the governance heart of an organisation.
Adopting a good governance framework places organisations in a stronger position to avoid bad practices and exposure to bad publicity and reduces the risk of receiving potential fines from regulators and governmental agencies alike.
The link between poor corporate governance practices and the excessive taking of risks that led to the downfall or bail-out of important financial institutions necessitated a discussion on how to strengthen corporate governance and protect the economy against similar cases in the future.
The masters in corporate governance & accountability will help you gain an international perspective on key issues in global business and society. Comprehensive in both theory and practice, you will learn about finance, law, ethics, and risk management.
© 2024 coursetakers.com All Rights Reserved. Terms and Conditions of use | Privacy Policy