Course Objective1. Academic and Research Skills. After successfully completing this
course, the student:
• employs appropriate terminology to refer to corporate governance (CG);
• understands main theories about CG.
2. Bridging Theory and Practice. After successfully completing this
course, the student:
• can employ practical tools to analyze conflicts of interest and
dilemmas in the corporate world;
• understands what research findings say about actual CG practices;
• is acquainted with the format and content of CG principles and codes.
3. Broadening our Horizon. After successfully completing this course,
• connects accounting practices and corporate misconduct;
• is able to identify possible causes of current corporate scandals.
Course ContentThe course employs an integrated “building-blocks” approach. Each week,
a new block covers – but is not limited to – the following topics:
>> Block 1. Terms and concepts: surveys about fraud and misconduct
(what's happening now? why is this important?) • defining CG •
terminology • identification of main actors involved
>> Block 2. Theory: main theories (agency, resource-dependent /
stewardship, stakeholder) • alternative theories (power, culture) •
firms' motives to comply • game theory as a tool
>> Block 3. Research findings: how is CG measured? • empirical findings
(what does the evidence say?) • limitations, myths, criticism
>> Block 4. Accounting and CG: financial accounting and reporting •
detecting fraud • compensation • internal control • enterprise risk
>> Block 5. Law and CG (guest lecture): legal basics • tasks,
responsibilities, liabilities • different models of CG (1 tier, 2 tier)
• Dutch CG Code & regulatory framework • principle-based & “comply or
explain” models • principles & best practices
>> Block 6. Principles. principles and recommendations • financial
crisis (what have we learned?) • future directions
These blocks provide answers to the following questions:
• How is CG understood and defined? How is it measured?
• How does CG relate to accounting practices, internal control,
financial reporting, and enterprise risk management?
• How do executive and supervisory tasks of boards relate to strategies
of management, monitoring, accountability, and control?
• What are the objectives of CG codes and principles? How do they look
Method of AssessmentWritten exam – Individual assessment.
(Interim) Assignment(s) – Individual assessment.
(Interim) Assignment(s) – Group assessment.
Mandatory attendance tutorials.
LiteratureThe course literature includes research papers, media reports, actual CG
codes. All references are available online and can be accessed through
the VU library.
|Language of Tuition||English|
|Faculty||School of Business and Economics|
|Course Coordinator||dr. J.P. Mendoza Rodriguez|
|Examiner||dr. J.P. Mendoza Rodriguez|
You need to register for this course yourself
Last-minute registration is available for this course.
|Teaching Methods||Seminar, Lecture|
This course is also available as: