Corporate Governance and Ethics

Course Code:

AFN 218

Course Period:

Spring

Course Type:

Core

P:

3

Application:

0

Credits:

3

ECTS:

5

Prerequisite Courses:

Introduction to Business

Course Language:

İngilizce

Course Objectives:

To provide a well-rounded understanding of the fundamentals of corporate governance with a focus on assessing the effectiveness and execution of governance roles and responsibilities in an ethical manner.

Course Content:

Business ethics theory; The relationship between corporate governance and firm value; Corporate culture and ethical leadership; Stakeholders and corporate social responsibility; The conflicts between the managers and the shareholders; The role of the Board of Directors; Assessing the performance of the management; International Corporate Governance

Course Methodology:

1: Lecture, 2: Question-Answer, 3: Discussion, 4: Simulation, 5: Case Study

Course Evaluation Methods:

A: Testing B: Presentation, C: Homework, D: Project, E: Laboratory

Vertical Tabs

Course Learning Outcomes

Learning Outcomes	Program Learning Outcomes	Teaching Methods	Assessment Methods
1. To understand the importance of business ethics and to be able to conduct rational analysis of events	3, 4, 8, 10	1,2,3,5	A,C
2. To demonstrate an awareness of all areas of governance, and to be able to review common themes	1, 6	1,2,3	A,C
3. To describe the scope of corporate governance, the various issues with which governance is concerned, and how these issues relate to each other	1, 4, 6	1,2,3	A,C
4. To be able to apply best practices in governance	1, 4, 6, 8	1,2,3	A,C
5. To be able to identify the ethical problems the management may face and understand the methodology to deal with them	1, 3, 4, 6, 8, 10	1,2,3	A,C

Course Flow

Week	Topics	Study Materials
1	Introduction to Ethical Theory and the Business World
2	Philosophical Theories Important in Business Ethics	Class notes
3	Philosophical Theories Important in Business Ethics	Class notes
4	Introduction to Corporate Governance	Textbook Ch. 1
5	Relationship between Corporate Governance and Firm Value	Textbook Ch. 1
6	Corporate Culture, Governance, and Ethical Leadership	Class notes
7	Stakeholders in Corporate Governance and Corporate Social Responsibility	Class notes
8	Midterm
9	Shareholders and their Goals	Textbook Ch. 2
10	The Role of the Board of Directors: Monitoring	Textbook Ch. 3
11	Assessing the Performance of Management	Textbook Ch. 6
12	Alternative Corporate Governance Models	Textbook Ch. 14
13	International Corporate Governance Systems	Textbook Ch. 2
14	Corporate Governance Ratings and Firm Value	Textbook Ch. 12
15	Final

Recommended Sources

Textbook	Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences, 2^nd edition, 2016, by Larcker and Tayan
Additional Resources

Material Sharing

Documents	Textbook, class notes
Assignments	Homeworks (4 in number)
Exams	Midterm and Final

Assessment

IN-TERM STUDIES	NUMBER	PERCENTAGE
Mid-terms	1	40
Quizzes
Assignment	4	60
Total		100
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE		30
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE		70
Total		100

COURSE CATEGORY

Expertise/Field Courses

Course’s Contribution to Program

COURSE'S CONTRIBUTION TO PROGRAM
	Program Learning Outcomes	Contribution
	Program Learning Outcomes	1	2	3	4	5
	1. To understand the core principles of finance and to be able to apply them both nationally and internationally.
	2. To formulate solutions to finance problems by effectively using contemporary information technologies and up-to-date financial instruments.
	3. To judge the best possible outcome to problems that require ethical and social responsibility-based thinking by identifying stakeholders and weighing alternative solutions.					X
	4. To develop the necessary background to be able to work in multicultural and multilingual environments.				X
	5. To analyze the developments in financial markets by interpreting and distinguishing among the factors affecting them.
	6. To recognize management tools and models specific to multinational companies and to be able to apply them where necessary.		X
	7. To understand the structure of the global economic system and to be able to analyze how new developments will affect this structure.
	8. To be able to use critical thinking ability in decision making process.					X
	9. To develop and demonstrate the leadership, teamwork and communication skills that may be transferred to the lifelong learning process.				X
	10. To interpret environmental and sustainability issues by implementing quality management processes.				X

ECTS

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Course Duration (Including the exam week: 16x Total course hours)	15	3	45
Hours for off-the-classroom study (Pre-study, practice)	15	3	45
Mid-terms	1	10	10
Homework	4	3	12
Final examination	1	20	20
Total Work Load			132
Total Work Load / 25 (h)			5,28
ECTS Credit of the Course			5

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