After completing the course, students will be familiar with the main issues in current debates about corporate governance. They will be familiar with central theoretical and empirical approaches to understanding corporate governance. The course provides a solid background that will allow them to discuss and evaluate corporate governance issues in a professional context.
Knowledge
After completing the course, students will:
- Understand the features of the corporate governance framework within which all modern corporations operate, and why this framework is the way it is
- Know the current debates in corporate governance
- Know the main challenges in corporate governance
- Know the main mechanisms used to resolve corporate governance incentive problems
Skills
After completing the course, students can:
- Formulate ideas for how corporate governance questions can be studied with a theory model
- Formulate ideas for how corporate governance questions can be studied with an empirical model
- Interpret results from theoretical and empirical studies on corporate governance questions
General competence
After completing the course, students can:
- Discuss issues in corporate governance with confidence, based on a broad knowledge of empirical and theoretical approaches as well as substantive issues
- Understand why corporate financing takes the forms that it does
- Identify subtle incentive problems, and possible remedies, in investor-manager relationships
- Reflect in an informed and independent way about corporate governance, and more generally about the role of corporations in society