Seminarium specjalizacyjne - Corporate Governance: Facts and Myths
Informacje ogólne
Kod przedmiotu: | 2200-1SKPH02 |
Kod Erasmus / ISCED: | (brak danych) / (brak danych) |
Nazwa przedmiotu: | Seminarium specjalizacyjne - Corporate Governance: Facts and Myths |
Jednostka: | Wydział Prawa i Administracji |
Grupy: |
Seminaria specjalizacyjne dla studiów prawniczych (nowy program) |
Punkty ECTS i inne: |
(brak)
|
Język prowadzenia: | angielski |
Tryb prowadzenia: | w sali |
Pełny opis: |
Long before Enron’s scandalous collapse, the corporation, a fledgling institution, was engulfed in corruption and fraud. Businessmen and politicians had been suspicious of the corporation from the time it first emerged in the late sixteenth century. Unlike the prevailing partnership form, in which relatively small group of men, bonded together by personal loyalties and mutual trust, pooled their resources to set up businesses they ran as well as owned, the corporation separated ownership from management – one group of people, directors and managers, ran the firm, while another group, shareholders, owned it. That unique designed was believed by many to be a recipe for corruption and scandal. Adam Smith warned in the Wealth of Nations that because managers could not be trusted to steward “Other people’s money”, “negligence and profusion” would inevitably result when businesses organized as corporations. Indeed, by the time Adam Smith wrote those words in 1776, the corporation had been banned in England for more than fifty years. In 1720, the English Parliament, fed up with the epidemic of corporate high jinks plaguing Exchange Alley, had outlawed the corporation with some exception. Recent financial crises and notorious corporate malpractice still prompt many questions about how companies are run – and whether this tallies with how they should be run. The aim of seminar is to systematically explore the factors that shape corporate governance, and discuss both corporate governance practices implemented by companies and those imposed by regulators. The aim of seminar is also to try to determine how sound corporate governance can help companies to create value for their shareholders. To illustrate that some practices are global while others are appropriate only in certain settings, case studies of individual companies from Europe, Asia, North and South America will be discussed. The seminar is designed to equip the students with a sound understanding of the structures and procedures of boards and other governing bodies. The international perspective will enable students to evaluate attitudes to governance around the world, in diverse regions such as Europe, Asia, and the Middle East. This approach ensures students have a deep understanding how corporate governence works in action (not just in books) and its essential role in real-world business practice. |
Literatura: |
Bob Tricker, Corporate governance. Principles, Policies and Practices, Oxford University Press, 2015, Third Edition |
Właścicielem praw autorskich jest Uniwersytet Warszawski.