Translation of the Swedish course syllabus 
 
Corporate Governance, 7.5 credits
(Företagandets organisation, ägande och finansiering, 7,5 högskolepoäng)
 
Course code: 1107NE
Subject area: Economics
Main field of study: Economics
Academic school: School of Social Sciences
Disciplinary domain: Social Sciences 100%
Grading scale: AF
Education cycle: First-cycle (Bachelor)
Course level: B (intermediate)
Progressive specialisation: G1F (First cycle. Entry requirements: 0-60 credits from first-cycle courses)
Language of instruction: English
Valid from: HT 2018 (autumn semester)


1. Validation

This course syllabus was validated by the Faculty Board for Social Sciences at Södertörn University on 2018-08-31 according to the stipulations in the Higher Education Ordinance.

2. Entry requirements

30 credits in Economics A and English B or equivalent.

3. Learning outcomes

On completing the course, the student is able to:
  • describe theories that explains the horizontal and vertical borders of firms;
  • explain why separation between ownership and control in limited liability firms has emerged and describe the consequences;
  • describe different ways that shareholders can exercise control over the management of the company;
  • describe various forms of incentive systems for employees within the company and the advantages and disadvantages with these systems;
  • explain reasons for concentrated ownership and potential advantages and disadvantages of high ownership concentration;
  • explain the role of banks in the financing of corporations and as a substitute monitor for corporate management;
  • explain the relationship between the concentration of ownership, market and bank based financial systems, and economic growth.

  • 4. Course content, modules and examinations

    The first part of the module develops neoclassical price theory in order to gain a deeper understanding of price as a mechanism for coordination and resource allocation. This is done in order to investigate whether direct control by a central authority is preferable to decentralised allocation through a pricing system. During the second part of the module, the determinants behind ownership and control are highlighted, as well as the relationship between finance, ownership and control. In this context, classical problems are examined, e.g. the conflict between managers and owners, agent costs, contracts based on incentives in relation to control of managers, and company acquisition as a mechanism for discipline.

    • Corporate Governance, 7,5 credits
      (Företagandets organisation, ägande och finansiering, 7.5 högskolepoäng)


    • 1001, Corporate Governance, 7,5 credits
      (Företagandets organisation, ägande och finansiering, 7.5 högskolepoäng)
      Grades permitted: A/B/C/D/E/F

    5. Course design

    Lectures. Some individual work or group work may be required in addition to the lectures.

    6. Examination format

    Written examination.
     The grading criteria are distributed prior to the start of a course or module.

    7. Reading list

    If there are changes in the reading list between semesters, a new list for the next semester is to be validated no later than July 15 and December 15 respectively.
     
    Valid from Valid to Decision date Decision board
    HT 20192019-05-17Ämnesrådet för nationalekonomi vid institutionen för samhällsvetenskaper

    8. Restrictions on accreditation

    The course may not be accredited as part of a degree if the contents are partly or wholly the same as a course previously taken in Sweden or elsewhere.