Module title: Corporate Governance

SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC11124
Module leader: Maria Mina Rosero
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

There are no pre-requisites for this module to be added

2019/0, Trimester 2, FACE-TO-FACE,
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Maria Mina Rosero
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
The module will be delivered using a mix of lectures, seminars, skills sessions, board meetings, group activities and independent learning. The first four weeks will include a series of 2 hour lectures and 1 hour seminars followed by a skills session in week 5 in advance of a formative assessment exercise in week 6. The remainder of the module will comprise seminar discussions, a board meeting assessment event and group activities.
Lectures will be lecturer led and will aim to lay the foundations on which the your knowledge will be built. The sessions will give an introduction and background to the subject material, set out the main areas of theory, outline current practice and identify supporting literature.

Seminars will be highly participative and informal. Seminars will be based around pre-set discussion questions or practical tasks. The aim of the seminar sessions is to analyse the literature and to research and appraise current practice. It will be important for you to read the essential reading and some of the further recommended reading in preparation for these sessions.

The skills session will introduce you to boardroom practices including the role of the chairperson, preparation of a board paper, making a presentation to the board and participating in boardroom discussions.

The board meeting will comprise a simulated board meeting with formal presentations of student board papers (see assessment strategy below). The main theme of each of the presentations will be related to corporate governance issues discussed / considered by the board. A relevant topic will be identified by your group and agreed by the tutors for development into a board paper and presentation – see assessment strategy below. The topics chosen will be central to the module and therefore will be beneficial to all of you in completing the module. The aim of the board meeting is to give you the opportunity to explore relevant areas in more depth, to develop their group working and verbal communication skills and to simulate a boardroom experience whilst ensuring that the module content is being assimilated on an ongoing basis.


Formative Assessment:
In week 5 you will participate in a boardroom skills session and in week 6 your group will have the opportunity to present an outline brief for your board paper. You will have identified and agreed a corporate governance problem / challenge / initiative which you will present to the board. The brief will set out the corporate governance problem, the scope and remit of the working group and the role of each member, and will give an indication of how the board paper will be structured and what will be required of the board of directors (the tutors and rest of the class). Your group will receive in-class feedback on this.

In the seminar sessions, you will have an opportunity to discuss and debate issues and literature relating to the module content. You will receive feedback on seminar discussion questions to consolidate learning and research material relevant to the final coursework assessment.


Summative Assessment:
Board Paper & Presentation (Group assessment 40% and individual reflection 10% – LO 2 & 3) – 50%
You will be organised into groups at the start of the module. Each group will be required to prepare a board paper and submit their paper one week before the board meeting. The group will ‘attend the board meeting’ where they will present their paper and discuss it with the board and respond to questions. You will write up a short individual reflection on the skills developed as part of the board simulation.

Coursework paper (Individual assessment – LO’s 1,2 & 4) – 50%
You will be required to complete a written coursework paper of 2,000 words. The coursework will include a requirement to discuss corporate governance theory and practice; current issues and an element of international comparative analysis.


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 8
Face To Face Seminar 22
Other Groupwork (Scheduled) 6
Independent Learning Groupwork (Independent Study) 20
Independent Learning Guided independent study 144
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Essay 20 2,3 8 HOURS= 0, WORDS= 500
Oral Presentation 20 2,3 9 HOURS= 0.33, WORDS= 0
Report 10 3 10 HOURS= 0, WORDS= 250
Essay 50 1,4 14/15 HOURS= 0, WORDS= 2000
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

Theories of corporate governance
Legislation, regulation and corporate governance codes
Development of UK corporate governance practices
Models of corporate governance
Corporate scandals and corporate culture
Functions of the corporate board
Board effectiveness and diversity
Board sub-committees
Accountability, audit and risk
Corporate governance reporting and disclosure
Contemporary issues of governance
The role of stakeholders and corporate social responsibility
International and transnational approaches to corporate governance

Learning Outcomes for module:

Upon completion of this module you will be able to
LO1: evaluate alternative theories and current developments in corporate governance
LO2: discuss, interpret and evaluate complex challenges and contemporary issues involved in corporate governance and communicate conclusions both orally and in writing
LO3: collaborate in a ‘working group’ and prepare, present and discuss a board paper in the context of a simulated corporate boardroom and reflect on the skills developed from the experience
LO4: critically analyse the problems and issues relating to corporate governance in an international context

Indicative References and Reading List - URL:

Please contact your Module Leader for details
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