Corporate governance (2013/2014)

Course code
Name of lecturers
Alessandro Lai, Silvano Corbella
Alessandro Lai
Number of ECTS credits allocated
Academic sector
Language of instruction
primo semestre dal Sep 23, 2013 al Jan 10, 2014.

Lesson timetable

Learning outcomes

This course aims at developing participant’s skills in both understanding and analyzing how firms are controlled and managed, who actually exercise this control on any economic decisions and which mechanisms drive the distribution of the created value among shareholders.
Governance systems are investigated considering the rules that are part of the structure and the daily operations of firms as well as the processes that either direct strategic choices and regulate the implementation of corporate strategy, in order to create value for both shareholders and stakeholders, over time.
The course offers a robust combination of a basic knowledge, useful to develop a conscious approach to governance issues and investigation skills useful to analyze and discuss actual firm’s conditions by the mean of case studies.

Assessment methods and criteria

The exam consists of a written test based on three open questions: the first question deals with the first part of the program (firms and their institutional structure); the second question deals with points n. 1 and 2 of the second part of the program; the third question regard points 3,4,5 and 6 of the second part of the program. Optionally, a student who has passed the written test, may ask for an oral test on the whole program. Consequently to the purposes of the course (that is about the capability to make a student know the methodological bases and to make him read) actual empirical situations) a student has to demonstrate his knowledge of different kinds of firms, of corporate governance rules and processes, and to understand and comment the case studies presented in the course, together with the ability to solve empirical corporate governance problems.