|
Learning outcomes |
Corporate Governance (CG) is crucial in the aftermath of the current ?nancial and economic crisis, and how important it is for building trust in today’s capital markets. Furthermore, CG is a relevant vehicle to promote an ef?cient market for capital allocation. Thus, this course seeks to develop the following skills:
- Discuss the economic, legal, and managerial foundations of CG to understand how shareholders’ and other stakeholders’ rights are protected from managerial discretion.
- Identify the main theories that sustain CG;
- Identify the main theories for control taking in accounting the different ownership structures;
- Understand the dynamic for corporate control in context of family firms;
- Understand the role of mechanism for control: Supervision Board, directors, auditing committees and creditors;
- Identify the models of CG in Portugal and around the World;
- Systematize the best practice in CG;
- Stress the role of CG in serve society through a Corporate Social Responsibility.
|
|
Main Bibliography |
Berk, J. B. & DeMarzo, P. M. (2014). Corporate Finance. Pearson.
Brealey, R.A. Myers, S.C. & Allen, F. (2016). Principles of Corporate Finance. McGraw-Hill.
Clarke, T. (2017). International Corporate Governance: A Comparative Approach, Routledge, 2nd Edition.
GAMA, A.P.M. (2012) “Multiple large shareholders and firm value: An overview”, in Corporate Governance: Recent Developments and New Trends”. Editors: Boubaker, Sabri; Nguyen, Bang Dang; Nguyen, Duc Khuong (Eds.) Spring Verlag. ISBN 978-3-642-31579-4, XXIV, 432 p. 25 illus, pp.59-87.
Goergen, M. (2012). International Corporate Governance.
Mallin, C. (2016). Corporate Governance. Oxford University Press 5th Edition.
Ross, S., Jaffe, R. & Westerfield, R. W. (2013). Corporate Finance. McGraw-Hill Education.
Tricker, B. (2015). Corporate Governance: Principles, Policies, and Practices. Oxford University Press, 3rd Edition.
|