Minor Entrepreneurial Firms and Governance

Categorie
Verbredende minor
Code
MINRSM055
Tijdsduur
10 weken

Content

In this minor students will:

  • Critically reflect on and provide well-grounded analysis of these elements crucial for small, medium and larger businesses.
  • Be able to analyse the main elements of good corporate governance;
  • Develop corporate governance frameworks;
  • Evaluate the value and impact of company boards; critically appraise corporate governance challenges

The minor could also include some additional objectives such as:

  • Construct corporate governance frameworks, considering alternatives and assessing these
  • Evaluate business risks and opportunities for growth, reflecting on the potential for contributing to success
  • Contrast various definitions of corporate governance
  • To understand the various main theories that underline the development of corporate governance
  • Critically review the principal–agent model
  • Discuss the agency problems
  • Explain the corporate governance problem that prevails in countries where corporate ownership and control are concentrated
  • Distinguish between ownership and control
  • Describe the differences in the levels of corporate control across the world

The minor would include both some theory : i.e.  several of these : Agency theory; Transaction costs economics; Stakeholder theory; Stewardship theory; Institutional theory; Political theory and/ or Network governance and case studies/ examples real life corporate stories.

Learning objectives

The minor's objectives are:

  • Analyse the main elements of good corporate governance;
  • Develop corporate governance frameworks;
  • Evaluate the value and impact of company boards;
  • Understand corporate governance challenges;
  • Be able to construct corporate governance frameworks, considering alternatives and assessing these;
  • Be able to evaluate business risks and opportunities for growth, reflecting on the potential for contributing to success;
  • Contrast various definitions of corporate governance and understand the various main theories that underline the development of corporate governance.

Special aspects

English, powerpoint, word

Overview content per week

The following content is indicative only of the weekly topics

  • THEORETICAL ASPECTS OF CORPORATE GOVERNANCE
  • CORPORATE CONTROL ACROSS THE WORLD
  • LEGAL AND REGULATORY ASPECTS OF CORPORATE GOVERNANCE (differences in ownership structures)
  • CORPORATE GOVERNANCE LIFECYCLE
  • CORPORATE GOVERNANCE OF IPO FIRMS
  • CORPORATE GOVERNANCE AND STAKEHOLDERS  Managerial ownership in entrepreneurial firms
  • CORPORATE GOVERNANCE AND STAKEHOLDERS Institutional Shareholders and Activist Investors, family firms, start-up structures and entrepreneur owned enterprises.
  • MARKET MECHANISMS
  • CORPORATE GOVERNANCE AND STAKEHOLDERS Government Ownership
  • BOARD OF DIRECTORS

Teaching methods

The course will include lectures combining theory, cases and live examples including a project, for students to analyse, discuss and present on during seminar sessions and workshops. Students will be expected to be active participants in exploring real instances of effect of governance issues on actual entrepreneurial firms of all sizes but with particular attention to smaller and family enterprises.

Teaching materials

Students will be encouraged to make use of provided articles, case studies but also to explore themes and topics by accessing news sites, databases and public informational depositories in a guided but self proactive environment.

Examination

Method of examination

The assessment will be based on two components:

  • An individual essay that will critically analyse and explore issues with one of several cases that the students can pre-select.
  • The second will be a group presentation of key learnings of one the issues discussed in the course.
  • Students will have an opportunity to re-sit the written component based on the feedback given on their first attempt.

Composition of final grade

Group presentation 40% and individual essay 60%

Feedback method

Written feedback will be given on the essay. This will include comments on individual sections on the essay itself and a comprehensive summary on the overall piece of work with the grades. Students will receive written feedback after their group presentation.

Contact person

Anthony Brown

brown@rsm.nl

0104089096

Mandeville (T) Building, Room T7-44

Categorie
Verbredende minor
Code
MINRSM055
Tijdsduur
10 weken
Organisatie
Rotterdam School of Management, Erasmus University
Studiepunten (EC)
15
Voertaal
Engels