Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


After the course the student will be able to

- use the concepts of corporate governance in every day thinking

- capable to analyze the role of good governance in the corporate actions, sustainablity and performance

- analyze the relationship between the company management, board of directors and shareholders

- identify the reasons for the variety in corporate governance practices both within one country and between countries as well as the recent trend of convergence in corporate governance practices

- identify the the role and importance of various institutions of corporate governance and explain the logic how they work and evaluate the quality of corporate governance practices

Credits: 6

Schedule: 24.10.2022 - 07.12.2022

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Seppo Ikäheimo, Bianca Beyer

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English


  • valid for whole curriculum period:

    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, the logic how they work alone and togehter and how they result in corporate actions and sustainable performance.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    1. Weekly exercises that include learning diaries and one comprehensive group work in pre-specified topic (50 %).

    2. Final exam (50 %)

  • valid for whole curriculum period:

    - Classroom hours, 30 h

    - Class preparation, 67 h

    - Group work, 20 h

    - Term paper preparation, 43 h


Substitutes for Courses


Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Autumn II
    2023-2024 Autumn II

    Enrollment :

    Registration for courses: in Sisu.