Course Language:
İngilizce
Course Objectives:
This course aims to introduce students to:
theories of corporate governance and the practical means of regulating and controlling companies.
the notion of corporate social responsibility to stakeholders and the major ethical issues that challenge businesses in the global marketplace.
Course Content:
This course examines the theoretical and practical issues involved in the direction and control of companies. It begins by considering the theories upon which corporate governance and corporate social responsibility models are based, particularly agency theory, transaction cost economics, and stakeholder theory. It then reviews some of the most spectacular failures of governance mechanisms in recent years which led to the development of codes of best practice in different national settings. We then discuss governance issues in SMEs and family businesses. Subsequent sessions examine ethical issues, social responsibility, environmental sustainability, and corporate citizenship.
Course Methodology:
1: Lecture, 2: Question-Answer, 3: Discussion, 4: Simulation, 5: Case Study
Course Evaluation Methods:
A: Exam, B: Presentation, C: Homework, D: Project, E: Laboratory
Vertical Tabs
Course Learning Outcomes
| COURSE’S LEARNING OUTCOMES |
Program Learning Outcomes |
Teaching Methods | Assessment Methods |
| Critically discuss the theories which have influenced the development of different corporate governance systems and corporate social responsibility models. | 1, 4, 7, 10, 18 | 1, 2, 3, 5 | A, B, C, D |
| Explain and analyze the key responsibilities of directors. | 1, 2, 4, 7, 10, 13, 18 | 1, 2, 3, 5 | A, B, C, D |
| To understand that the best way of implementing corporate governance is being transparent to the stakeholders and to analyse how to promote this transparency. | 1, 3, 4, 9, 10, 12, 18 | 1, 2, 3, 5 | A, B, C, D |
| Critically evaluate the ethical issues and problems that might arise in an organisation’s dealings with its suppliers and competitors: e.g. environmental sustainability, ethical sourcing, fair trade and bribery. | 1, 4, 8, 9, 13, 2, 5, 7,10, 14 | 1, 2, 3, 5 | A, B, C, D |
| Critically evaluate the ethical issues and problems that might arise in an organisation’s dealings with its suppliers and competitors: e.g. environmental sustainability, ethical sourcing, fair trade and bribery. | 1, 4, 8, 9, 13, 2, 5, 7,10, 14 | 1, 2, 3, 5 | A, B, C, D |
Course Flow
| Week | COURSE PLAN | Readings/Assignments |
| 1 | Introduction to the Corporation and Corporate Governance | |
| 2 | The Internal and External Institutions of Corporate Governance | Case analysis: Denizbank |
| 3 | The Internal and External Institutions of Corporate Governance | Case analysis: Denizbank |
| 4 | The Internal and External Institutions of Corporate Governance | Case analysis: Denizbank |
| 5 | The Agency Problem in Corporate Governance. Accountability of Managers and Stockholders | Film: Enron |
| 6 | The Agency Problem in Corporate Governance. Accountability of Managers and Stockholders | Film: Enron |
| 7 | Mid-term Exam | |
| 8 | Standards Setting, Best Practices and Corporate Governance Reform | Film: Inside Job |
| 9 | Standards Setting, Best Practices and Corporate Governance Reform | Film: Inside Job |
| 10 | Corporate Governance in Small Businesses and Family Firms | TBA |
| 11 | Corporate Governance in Small Businesses and Family Firms | TBA |
| 12 | Social Responsibility & Business Ethics | |
| 13 | Social Responsibility & Business Ethics | |
| 14 | Course wrap-up, review and discussion |
Recommended Sources
| Recommended Sources | |
| Textbook |
Larcker, D., Tayan, P. (2016). Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences, 2nd Editio
n. Prearson. |
| Additional Resources | Film: Enron, Film:The Corporation, Film: The Inside Job |
Material Sharing
| MATERIAL SHARING | |
| Documents | x |
| Assignments | x |
| Exams | x |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | Number | Percentage |
| Mid-terms | 2 | 30 |
| Final | 1 | 40 |
| Assignments, Case analyses, Article Reviews | 3 | 25 |
| Attendance & Participation | 4 | 5 |
| Total Workload | 100 | |
| Contribution of Final Exam Examination to Overall Grade | 40 | |
| Contribution of In-Term Examination to Overall Grade | 60 | |
| Total | 100 | |
Course’s Contribution to Program
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ECTS
| ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION | |||
| Activities | Quantity | Duration (Hour) | Total Workload(Hour) |
| Course Duration (Including the exam week: 15x Total course hours) | 15 | 3 | 45 |
| Hours for off-the-classroom study (Pre-study, practice) | 15 | 4 | 60 |
| Mid-terms | 1 | 15 | 15 |
| Homework | 1 | 20 | 20 |
| Final | 1 | 15 | 15 |
| Total Workload | 155 | ||
| Total Workload / 25 hour | 6.2 | ||
| ECTS Credit of the Course | 6 | ||
None