CORPORATE GOVERNANCE - 2017/8

Module code: LAWM081

Module provider

School of Law

Module Leader

CHATTERJEE C Prof (Schl of Law)

Number of Credits

15

ECT Credits

7.5

Framework

FHEQ Level 7

JACs code

M200

Module cap (Maximum number of students)

N/A

Module Availability

Semester 1

Overall student workload

Seminar Hours: 20

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework 3,000 WORD COURSEWORK 100

Alternative Assessment

An oral presentation on a particular topic set.

Prerequisites / Co-requisites

None

Module overview

This module examines the notion of Corporate Governance, which is usually described as being the governance of large corporations which dominate modern economic life. It is international in outlook as it will look at the main corporate governance and legal regimes around the world. In this context, the module will be concentrating on debates about the nature of corporations, the role and duties of corporate managers and about the goal of corporations and the interests in which corporations should be run. From this perspective, it will concentrate on the notion of ‘Enlightened Shareholder Value’ as conceived by the UK Company Law Review, and subsequently enacted in the Companies Act 2006. It will also examine the role of international financial institutions, such as the World Bank and the International Monetary Fund, in shaping ‘good’ corporate governance practices around the world, and in particular, in developing countries.

Module aims

To provide students with an-depth knowledge of the concept of Corporate Governance

To provide students with a critical understanding of the wider issues and debates surrounding corporate governance from an Anglo-American perspective.

To introduce students to the theoretical and policy considerations of the corporate governance landscape.

To enable students to consider the implications of corporate governance on the law and vice-versa.

Learning outcomes

Attributes Developed
Demonstrate an understanding of the concept of Corporate Governance KC
Demonstrate an overall knowledge of the historical and theoretical frameworks underpinning the nature and governance of corporations KC
Explain the differences between shareholder-oriented, Anglo-American governance regimes and the more stakeholder-friendly Continental European and Japanese governance regimes KC
Demonstrate a critical understanding of the role of ‘good’ corporate governance practices as a developmental tool in developing countries KC
Discuss critically, in general terms, past and contemporary issues concerning Corporate Governance KCP
Conduct research using primary and secondary sources PT
Collate and evaluate primary and secondary materials PT
Identify relevant materials and apply them appropriately in addressing significant issues in the area of corporate governance PT
Engage in a critical evaluation of (soft and hard) law and policy KCPT
Construct a principled argument and offer an assessment of alternative views KCPT
Develop independent investigation skills and the ability to master detailed arguments KCPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:


Introduction to Corporate Governance
Historical and Theoretical foundations of Corporate Governance : The Joint Stock Company and the Share
Models of Corporate Governance (1): Shareholder-Oriented Anglo-American regimes
Models of Corporate Governance (2) : Stakeholder-friendly Continental European and Japanese regimes
A Third Way: Enlightened Shareholder Value
The Convergence Debate
Corporate Governance in Developing Countries
Corporate Governance, Corporate Responsibility and Corporate Social Responsibility

Methods of Teaching / Learning

The learning and teaching strategy is designed to:


promote skills in critical analysis.
stimulate independent and private study using paper-based and electronic sources so as to develop a critical understanding of the subject.


The learning and teaching method include:

Two-hour seminars weekly x 10 weeks

The seminars are meant to be student-led with the module convenor acting as a facilitator of discussions. They are designed to be interactive so as to promote student-centred learning. In this context, students will be expected to have researched topic areas and to apply that research when discussing key issues and developments. Students will also be asked to prepare presentations on particular topics at the sessions. The critical ability of students in understanding and discussing key issues will be encouraged and fostered.

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate conceptual and critical understanding of the subject. In light of this, the specific aim of the assessment is to encourage and develop the research capabilities of the students.

Thus, the summative assessment for this module consists of:


3000-word coursework to be handed in by the deadline set by the School of Law.


Formative assessment and feedback

Students will be provided with oral feedback during the seminars – mainly when they present on certain topics. They will also receive written feedback on a small assignment (1500-word coursework) which will inform the summative assessment. The module coordinator will also be available during office hours to provide oral and written feedback on questions or work that the students might want her to look at.

Reading list

Reading list for CORPORATE GOVERNANCE : http://aspire.surrey.ac.uk/modules/lawm081

Programmes this module appears in

Programme Semester Classification Qualifying conditions
International Commercial Law LLM 1 Compulsory A weighted aggregate mark of 50% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.