ØABED4400 Corporate Governance Course description

The course builds on the insight that a company's management does not necessarily satisfy the objectives of investors and credit providers. Incentives and controls systems are important means of eliminating goal conflicts. Agency models (adverse selection and moral hazard) are therefore important in the course. Recent research and current articles will play a key role in the course.

Knowledge

The Students

• have thorough knowledge of the current discourses and central theory of their chosen theme
• have thorough knowledge of interdisciplinary themes and dialogues across the various aesthetic fields and in societal contexts relating to their chosen theme

Skills:

Students can:

• be able to analyze, explore and discuss aesthetic practices on the basis of relevant theory and societal issues
• use theory engaging in interdisciplinary dialogue, independently and/or together with others to develop new ideas and perspectives.
• discuss how the aesthetic field can contribute to changes and developments in society
• write an academic text on master level that apply the chosen theme to practices in the field of their specialization.

General competence:

Students can:

• articulate relevant societal challenges and explore how aesthetic practice and theory address these challenges in different ways.
• work together with students from different course specializations to develop new perspectives on societal challenges.

None.

Knowledge

The student has

• in-depth knowledge of how internal and external mechanisms can contribute to increasing value creation by improving corporate governance. (Internal mechanisms deal with such factors as the independence of the board of director and the biggest owner's ownership interest, while external mechanisms include the importance of bank connections, competition in the product market and public regulation)
• an overview of the most important case areas in and results from empirical research on corporate governance
• deep insight into financial economics and a critical understanding of relevant techniques, statistical methods and data sources

Skills

The student is capable of

• applying relevant techniques, statistical methods and data sources in different investigations as an integrated part of theoretical and empirical discussions
• processing formal models and conducting own investigations by choosing elements that are important in an organisation and management perspective

The students are given lectures, groupwork and seminars based on different content concerning areas within the practical, aesthical and societal field. The course starts with a common lecture or workshop, before the students choose one of three given societal themes that they delve further into, that have their own set of seminars and lectures.

Examples of topics can be (but are not restricted to): diversity, post-colonialism, sustainability, technology, creative practice/design processes in democracy, learning, aesthetic theory in context with society, framing and performance theory in society. It is natural that the themes in the course should reflect the UN sustainable development goals.

This course is primarily taught in English and the texts/syllabus is in English.

The course is taught in plenary lectures, and students work on and discuss different assignments in groups and plenary sessions.

Three written assignments must be handed in by set deadlines during the semester. The scope of the assignment (number of pages) varies depending on the nature of the assignment. Approval of the assignments is a condition for taking the exam. If an assignment is not approved, the student will be given one opportunity to submit an improved version. The lecturer will inform students about deadlines for submission.

A supervised written four-hour exam is held at the end of the semester.

Students who become ill or fail an exam are entitled to register for a resit/rescheduled exam in the course in accordance with the Regulations relating to Studies and Examinations at OsloMet.

Calculator (see separate regulations).

The lecturer's lecture notes (topics specified by the lecturer).

A grade scale with grades from A to E for pass and F for fail is used.

An external examiner will grade the exam papers together with an internal examiner.