Corporate Governance and Accountability (BUS334)
Module code: BUS334
Module organiser: To be confirmed
This module will develop a students understanding of the evolution of corporate governance and its central focus on the management of risk and agency gap which theoretically and practically explores differences between the demands of investors and behaviour of senior management. This narrow concept of corporate governance for 'investors' will be contrasted with more broadly conceptualised understandings in terms of how to reconcile managerial interests with a wider group of stakeholders. Students will consider how corporate governance regulation and legislation has evolved and explore the difference between rules and principles based systems of corporate governance.
- 50% Coursework
- 50% Examination
Indicative reading list
- ACCA ;Corporate Governance: External and internal actors
- Clark, TA Critique of the Anglo-American Model of Corporate Governance
- Donaldson and Davis Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns
- Erturk et al Agency, the romance of management pay and an alternative explanation
- Gospel and Pendleton (2005) Chapter 1Aguilera, R. and Cuervo-Cazurra, A. Taking Stock of research on codes of good good
- Lasgari, M Corporate Governance: Theory and Practice.
- McColgan, P Agency theory and corporate governance: a review of the literature from a UK
- High Pay Commission. What are we paying for? Exploring executive pay and performance