Corporate Governance

Teachers

Included in study programs

Teaching results

Knowledge:
 A comprehensive view of ethical behaviour and corporate governance of a company, familiarization with basic ethical principles, values, and their application in corporate governance of a company through the principles of implemented morality of specifically selected areas in everyday practice in a creative way.
Competence:
• apply theoretical knowledge of general corporate governance theory creatively and understand the essence of ethical principles of corporate governance used in common corporate practice,
• be able to navigate through the ethical minimum - the basic legislation in the relationship between a company and a certain group of stakeholders,
• understand the links between corporate governance and corporate responsibility and be able to identify their application in practice,
• be able to understand the application of ESG principles in corporate governance codes,
• analyse and solve each managerial and economic problem identically with its ethical side.
Skills:
• identify and develop a basic (simple) ethical management strategy, including its implementation, based on the specific conditions of the company,
• ability to eruditely navigate through the methods and tools of evaluation and application of sustainable business through corporate governance from the social, environmental, financial, legislative, and managerial-economic aspects,
• gain experience in the preparation of ethical and sustainable business implementation projects,
• proactively integrate the sustainability dimension into the strategic and operational actions of the company's management in the framework of corporate governance,
• be able to solve simple ethical dilemmas for different stakeholder groups,
• be able to argue both substantively and professionally based on the knowledge and experience gained in corporate governance.

Indicative content

Topics of lectures:
1) Introduction to Corporate Governance Theory and Application
2) Corporate Governance and ESG Principles
3) Corporate Governance and the Institutionalisation of Ethical Management
4) Corporate Governance and Stakeholder Theory
5) Corporate Governance and Shareholder Position
6) Corporate Governance and Human Capital
7) Corporate Governance in Relation to Civil Society and the Local Community
8) Corporate Governance and Environmental Behaviour
9) Corporate Governance and Consumer Protection
10) Corporate Governance and International Corporate Relations
11) Corporate Governance as a Tool for Company Success
12) Roles of Professionals in Promoting Corporate Governance

Support literature

Basic reading:
1) REZAEE, Zabihollah – FOGARTY, Timothy. Business Sustainability, Corporate Governance, and Organizational Ethics. Hoboken : John Wiley & Sons, 2019. ISBN 978-1-11960-145-6.
2) MINCUILLO, Marco 2020. Corporate Governance and Sustainability. Springer Nature Switzerland AG, 2020. ISBN 978--3-03018-887-6.
3) MAKOWICZ, Marc, Goergen. 2018. Corporate Governance. A Global Perspective.Cengage Learning EMEA, 2018. ISBN 978-1-4737-5917-6.
4) MARC, Goergen. 2018. Corporate Governance. A Global Perspective. Cengage Learning EMEA, 2018. ISBN 978-1-4737-5917-6.
5) MALLIN, Christine. 2018 Corporate Governance .Oxford University Press, 2018 ISBN 978-0-19880-676-9.
Additional reading:
6) HOPT, Klaus – TEUBNER, Gunther. 2018. Corporate Governance and Directors' Liabilities. De Gruyter, 2018. ISBN 978-3-11010-027-4.
7) HEATH, Joseph. Morality, Competition, and the Firm: The Market Failures Approach to Business Ethics. Lonodn : Oxford University Press, 2020. ISBN 978-0-19751-394-1.
8) SPINELLO, Richard A. Business Ethics, Contemporary Issues and Cases. London : SAGE Publications, 2019. ISBN 978-1-50636-805-4.
9) RENDTORFF, Jacob D. Philosophy of Management and Sustainability: Rethinking Business Ethics and Social Responsibility in Sustainable Development. Bingley : Emerald Publishing, 2019. ISBN 978-1-78973-454-6.
10) BECKER, Christian U. Business Ethics. Methods and Application. London : Routledge, 2018. ISBN 978-1-13849-368-1.
11) DUSKA, Ronald F. - DUSKA, Brenda S - KURY, Kenneth W. Accounting Ethics. Hoboken : Wiley-Blackwell, 2018. ISBN 978-1-11911-878-7.
12) ZEYEN, Anica - BECKMANN, Markus. Social Entrepreneurship and Business Ethics. London : Routledge, 2018. 254 s. ISBN 978-1-13807-994-6.

Requirements to complete the course

 50% active participation during the semester, group work, working on case studies on corporate governance topics (current data directly from the company) and their presentation,
 50% written final exam – a combination of the theoretical part and addressing a specific case study

Student workload

Total student workload: 104 hours, of which
 Participation in seminars: 26 hours
 Preparation for seminars: 26 hours
 Preparation for an exam: 52 hours

Language whose command is required to complete the course

English

Date of approval: 09.02.2023

Date of the latest change: 20.01.2022