Syllabus

LEARNING OUTCOMES

Credits: 6

Schedule: 17.04.2019 - 31.05.2019

Teacher in charge (valid 01.08.2020-31.07.2022): Jari Melgin

Teacher in charge (applies in this implementation): Seppo Ikäheimo

Contact information for the course (valid 27.03.2019-21.12.2112):

after lectures or as agreed, Seppo U 306, Vikash U 310

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

• Valid 01.08.2020-31.07.2022:

  The course underlines the major problems of corporate governance with agency and principle problems and stewardship approaches and how institutions of corporate governance are solutions for these problems. The course aligns the theoretical thinking with empirical and practical solutions within the field of corporate governance. The course offers the diversity of solutions and helps to understand the country and company specific practices of corporate governance.

   

  The major topics cover the big picture of corporate governance and the main institutions of corporate governance including board of directors, investor relations, auditing and internal control, executive compensation, shareholder activism and external corporate governance. After the course you will understand the importance of these institutions and the logic how they work.

Assessment Methods and Criteria

• Valid 01.08.2020-31.07.2022:

  1. Weekly exercises that may include case analysis, learning diaries, etc, either individually or as a group work (50 %).

  2. Term Paper (50 %)

• Applies in this implementation:

  1.      Diaries, lectures and group work (60 %)

  a.      learning diaries                   max
  25 points

  b.      group presentation             max
  15 points

  c.      group report                       max
  20 points

  d.      class room activity may have an additional positive influence on
  your grade

  2. Exam (40 %), i.e. max 40 points

  
  

  Grading: 0-5

  
  

Workload

• Valid 01.08.2020-31.07.2022:

  - Classroom hours, 30 h

  - Class preparation, 67 h

  - Group work, 20 h

  - Term paper preparation, 43 h

• Applies in this implementation:

  Classroom hours	32 h
  Class preparation	64 h
  Group work	36 h
  Exam preparation	25 h
  Exam	3 h
  Total	160h

  
  

DETAILS

Study Material

• Valid 01.08.2020-31.07.2022:

  Material distributed by the lecturer.

• Applies in this implementation:

  Tba

Substitutes for Courses

• Valid 01.08.2020-31.07.2022:

  "Yrityksen omistajat ja ylin johto" (32D300), Corporate Governance (32E12000)

FURTHER INFORMATION

Details on the schedule

• Applies in this implementation:

  Session	Date	Topics	Pre-readings	Assignment Due Date
  Lecture 1: Intro	April 17	Getting organized; Introduction to the corporate governance
  Lecture 2: Institutions	April 24	Basic concepts, the institutions of corporate governance
  Lecture 3: Bundle perspective	April 26	Diversity of corporate governance internationally and between firms		Diary: April 24 at 8:00 am
  Group-specific meetings I	May 3	Group report preparations in Seppo’s office
  Group-specific meetings II	May 8, starting 2 pm	Group report preparations in Seppo’s office
  Lecture 4: Board of directors Ownership	May 10	Board of directors Ownership		Diaries: May 9 at 8:00 am
  Lecture 5: Investor relations The responsibilities of board of directors	May 15	Investor relations (IR) Risk management and control systems		Diaries: May 13 at 8:00 am
  Lecture 6: Executive compensation Quality of corporate governance	May 17	Quality of corporate governance Executive compensation		Diaries: May 16 at 8:00 am
  Lecture 7: Group presentations	May 22	All groups give a presentation		Group presentation and final report May 22 at 8:00 am
  Lecture 8: Group presentations	May 24	All groups give a presentation		Group presentation and final report May 24 at 8:00 am