Last modified: 31 May 2022 13:05
Corporate governance has become one of the most significant challenges for organisations and for the managers who work within them. The reasons for this include high-profile corporate scandals, conflict of interests, manipulations of financial statements, ethical dilemmas, crises like the global financial crisis, credit crunch or even pandemic, and a growing need to demonstrate corporate accountability, transparency and ethical practices. The “Corporate Governance and Professional Ethics” course will deepen students understanding and stimulate critical thinking in these areas. Students will have the opportunity to practise problem-focused decision-making on a range of governance and ethical issues that affect the operation of contemporary organisations. The course will be of benefit if students wish to develop further insights into good corporate governance system and professional ethics as part of their career development.
| Study Type | Undergraduate | Level | 4 |
|---|---|---|---|
| Session | Second Sub Session | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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This course introduces students to the foundation of corporate governance systems, ethical guidelines, accountability mechanisms and the related theories and practices in the context of contemporary business. The course will include an overview of corporate governance systems worldwide, major reforms, and a critical analysis of how corporations as well as professional bodies (such as accounting profession) would (and should) deal with the ethical dilemmas associated with corporate scandals, conflict of interests, manipulations of financial statements, crises like the global financial crisis, credit crunch or even pandemic and so on.
This course also involves engagement with relevant theoretical frameworks which have been popular in analysing different corporate governance systems and professional codes of ethics worldwide. It develops students’ understanding of demonstrating accountability to boards, investors and wider stakeholder groups. It also considers the influence of board of directors, professional bodies (such as accounting/audit firms) and the role of investors, risk management and internal control in corporate governance of contemporary business.
Information on contact teaching time is available from the course guide.
Alternative Assessment
3 x MCQ Online Tests (30%)
2,500 word Essay (70%)
Alternative Resit Assessment
2,500 word Essay (100%)
There are no assessments for this course.
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Procedural | Analyse | Demonstrate knowledge and understanding of the accountability to stakeholders and analyse how contemporary businesses demonstrate accountability to boards, investors and wider stakeholder groups. |
| Reflection | Evaluate | Demonstrate the ability to evaluate the role of boards, professional bodies (accounting firms), investors in corporate governance and ethical practices. |
| Conceptual | Understand | Demonstrate knowledge and understanding of the foundations and developments of corporate governance practices and professional ethics in the contemporary business context. |
| Reflection | Apply | Demonstrate the understanding and knowledge of the theories and the ability to apply theories underpinning corporate governance and ethical practices. |
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