Module code: 5FNCE005W
Faculty: Westminster Business School
Credit Level: 5
Credit value: 20
Available to: Westminster Business School students only, however students on some courses are unable to choose Westminster Electives – see list of exemptions. Please note elective modules are subject to availability.
This module introduces the key concepts and features of corporate governance. It will develop your understanding of the theories of corporate governance, and your comprehensive knowledge of the UK system of corporate governance and its development. You will also learn the guidelines and regulations which corporations have to follow in relation to governance.
The subjects you will cover during the module include the concept of the corporation (structure, ownership and control); the role of shareholders and directors; accountability and financial aspects; the responsibilities, remuneration and rights of employees; theories of governance; and the causes and effects of corporate scandals. You will also explore financial regulation in the UK and other countries (including developing countries), the effects of globalisation, and the differences between the hard law approach in the US and the soft law approach in the UK (including the US Sarbanes-Oxley Act).
The teaching and learning methods for this module draw on two main different learning approaches – lectures and seminars/workshops. Lectures will provide you with opportunities to develop your ‘critical thinking’ on a subject, while seminars and workshops will enable you to seek clarification of material covered in the previous lectures. Assessment will be based around an in-class test, and an end-of-module closed-book exam.