This course addresses the nature and application of corporate governance in modern organizations. As well as the role and function of boards of directors, the course also includes the extent and impacts of shareholder engagement, comparative corporate governance and stakeholder theory.

The aim of the course is to enable students to achieve knowledge of corporate governance and its practical relevance to organizations in the international business context. Objectives and learning outcomes:*An understanding of the range of corporate governance theories and practices *A full understanding of the current issues in corporate governance *An understanding of the role of corporate boards, board committees and Non Executive directors (NEDs) in the governance of organizations *An understanding of Corporate Social Responsibility *An understanding of the impact of regulatory policies necessary for effective corporate governance *Gain an in-depth knowledge and understanding of corporate governance sufficient to give advice on these issues to senior management.

Presence is mandatory.

This course addresses the nature and application of corporate governance in modern organizations using a variety of learning methods including lectures, case study discussions, and group projects. The students will be provided with relevant reading and case study material in advance of the course.

Students`assessment will be based on their participation in discussions, group projects, and project presentations. There is no final written examination, and group projects form a core basis for the final grade. Each group will be expected to prepare and deliver a 15-20 minute presentation on their company case study. The presentation will be followed by Q&A. The group will be evaluated on both the presentation and the ability to address questions from the instructor and fellow students. In terms of the final grade, 60% of the 100% in the final mark will be allocated to a written group project report, and 40% will be allocated to a project presentation. Of these 40%, 25% is allocated to the presentation itself, and 15 % is allocated to the dialogue that follows the presentation through Q&As.

The following indicative grading scheme will be used:

-Excellent/outstanding contribution: 10 points

-Very good contributions: 8 points 

-Good contributions: 6 points

-Weak insufficient contributions: 4 points or less.

Project reports will be evaluated on the basis of: 

*Relevance and rigor in theory argumentation

*Application of course concepts

*Quality and originality of insights

*Arguments given to support the conclusions

*Clarity and good structure

*Relevance of recommendations for managers 

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Professor Igor Filatotchev will be available for consultations via e-mail (igor.filatotchev@wu.ac.at).