Corporate Governance (MSB310A)
For investors to be willing to provide financing, some mechanisms protecting their interests must be in place. Such mechanisms can be incentive contracts for company executives, legal protection of owner rights, ownership concentration and voting power, or membership of the corporate board. This course builds an understanding of how these mechanisms work.
Course description for study year 2022-2023. Please note that changes may occur.
Course code
MSB310A
Version
1
Credits (ECTS)
5
Semester tution start
Autumn
Number of semesters
1
Exam semester
Autumn
Language of instruction
English
Learning outcome
Upon completion of the course students will have
Knowledge:
- an understanding of the goals of a firm, and the objectives of managers.
- an understanding of how financial contracts and CEO remuneration should be designed in order to provide incentives and maximize a firm's value.
- an understanding of how a firm’s governance structures depends on firm and industry characteristics.
- knowledge of common investors rights and how they are used and enforced.
Skills:
- ability to investigate and assess the strengths and weaknesses of a firm's governance structure.
- ability to assess the political forces behind the regulation and development of financial markets.
Required prerequisite knowledge
Exam
Evalution will be a combination of handins and exam. The details will be announced in the syllabus at the beginning of the course.