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040017 SE Seminar: Corporate Governance (MA) (2023W)
Continuous assessment of course work
Labels
ON-SITE
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 11.09.2023 09:00 to Fr 22.09.2023 12:00
- Registration is open from Tu 26.09.2023 09:00 to We 27.09.2023 12:00
- Deregistration possible until Fr 20.10.2023 23:59
Details
max. 24 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
- Thursday 05.10. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 12.10. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 19.10. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 09.11. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 16.11. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 23.11. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 30.11. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 07.12. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 14.12. 09:45 - 11:15 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
- Thursday 14.12. 11:30 - 13:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 14.12. 15:00 - 16:30 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
- Friday 15.12. 13:15 - 14:45 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
Information
Aims, contents and method of the course
The course discusses structures of firm's (top level) decision making processes which are often summarized under the label of corporate governance. The course describes the main actors of firm's corporate governance (managing directors, corporate boards, shareholders, and other stakeholders such as employees and debt holders), their functions, and relationships. Particular emphasis will be given to the incentives of these different actorsFor different corporate governance instruments and arrangements we will explore two related questions:1. What are the effects of different corporate governance arrangements on firm's behavior and the outcomes of its different stakeholders.2. How can an real world corporate governance arrangements be explained as reactions to the different incentives of a firm's stakeholders.The course covers theoretical and empirical work that attempts to shed light on these questions.The course consists of lectures, student presentations, and term papers.
Assessment and permitted materials
Students are required to attend and actively participate in class. There will be an exam, student presentations, advance peer feedback for presentations, and term papers.
Minimum requirements and assessment criteria
Students must have completed the compulsory Corporate Finance 1 (MA), basic Game theory and Econometrics. Knowledge of multivariate calculus and basic statistics is also expected.Grading is based on points. The point allocation is: exam 25 points, student presentations 35 points, advance peer feedback 5 points, and term papers 35 points.To pass the course students must:
* obtain more than 50% of the available points.
* complete all assignemnts within their deadline.
* not miss more then 2 classes to pass the course. Attendence is only counted when students arrive on time, attend the entire class, and participate actively.
* obtain more than 50% of the available points.
* complete all assignemnts within their deadline.
* not miss more then 2 classes to pass the course. Attendence is only counted when students arrive on time, attend the entire class, and participate actively.
Examination topics
The entire contents of the lecture, the readings assigned during the course, and the prerequisite courses.
Reading list
Bolton, P., Dewatripont, M., et al., 2005. Contract theory. MIT press.Hart, O., 1995. Firms, Contracts, and Financial Structure. Claredon Lectures in Economics. Oxford Unviersity Press, Oxford.Hermalin, B., Weisbach, M., 2017. The handbook of the economics of corporate governance.Tirole, J., 2006. The Theory of Corporate Finance. Princeton University Press.
Association in the course directory
Last modified: Th 14.12.2023 15:05