CORPORATE GOVERNANCE - 2018/9
Module code: LAWM081
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.
School of Law
CHATTERJEE C Prof (Schl of Law)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 7
JACs code: M200
Module cap (Maximum number of students): N/A
Prerequisites / Co-requisites
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
|Assessment type||Unit of assessment||Weighting|
|Coursework||3,000 WORD COURSEWORK||100|
An oral presentation on a particular topic set.
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.
- 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.
|001||Demonstrate an understanding of the concept of Corporate Governance||KC|
|002||Demonstrate an overall knowledge of the historical and theoretical frameworks underpinning the nature and governance of corporations||KC|
|003||Explain the differences between shareholder-oriented, Anglo-American governance regimes and the more stakeholder-friendly Continental European and Japanese governance regimes||KC|
|004||Demonstrate a critical understanding of the role of ‘good’ corporate governance practices as a developmental tool in developing countries||KC|
|005||Discuss critically, in general terms, past and contemporary issues concerning Corporate Governance||KCP|
|006||Conduct research using primary and secondary sources||PT|
|007||Collate and evaluate primary and secondary materials||PT|
|008||Identify relevant materials and apply them appropriately in addressing significant issues in the area of corporate governance||PT|
|009||Engage in a critical evaluation of (soft and hard) law and policy||KCPT|
|010||Construct a principled argument and offer an assessment of alternative views||KCPT|
|011||Develop independent investigation skills and the ability to master detailed arguments||KCPT|
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Overall student workload
Seminar Hours: 20
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.
Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.
Programmes this module appears in
|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 2018/9 academic year.