European Corporate Governance

llsms2018  2019-2020  Louvain-la-Neuve

European Corporate Governance
Note du 29 juin 2020
Sans connaitre encore le temps que dureront les mesures de distances sociales liées à la pandémie de Covid-19, et quels que soient les changements qui ont dû être opérés dans l’évaluation de la session de juin 2020 par rapport à ce que prévoit la présente fiche descriptive, de nouvelles modalités d’évaluation des unités d’enseignement peuvent encore être adoptées par l’enseignant ; des précisions sur ces modalités ont été -ou seront-communiquées par les enseignant·es aux étudiant·es dans les plus brefs délais.
5 crédits
30.0 h
Q1
Enseignants
Cerrada Cristia Karine; Lambrecht Philippe;
Langue
d'enseignement
Anglais
Thèmes abordés
The main themes adressed are :
  • The different corporate governance frameworks and mechanisms
  • the distinctive feautures of the European governance systems in comparison with other systems
  • Europe's practices, codes and models of corporate governance
Acquis
d'apprentissage

A la fin de cette unité d’enseignement, l’étudiant est capable de :

1
During their programme, students of the LSM Master's in management or Master's in Business engineering will have developed the following capabilities'
CORPORATE CITIZENSHIP
  • Decide and act responsibly,  while taking into account the social, economic and environmental sometimes antinomic, outcomes in the short, medium and long term, for the various stakeholders.
KNOWLEDGE AND REASONING
  • Activate and apply the acquired knowledge accordingly to solve a problem.
WORK EFFECTIVELY IN AN INTERNATIONAL AND MULTICULTURAL ENVIRONMENT
  • Position and understand the functioning of an organization, in its local and international socio-economic dimensions and identify the associated strategic issues and operational decisions.
TEAMWORK AND LEADERSHIP
  • Work in a team :Join in and collaborate with team members. Be open and take into consideration the different points of view and ways of thinking, manage differences and conflicts constructively, accept diversity.
COMMUNICATION AND INTERPERSONAL SKILLS
  • Express a clear and structured message, both orally and in writing in their mother tongue, in English and ideally, in a third language, adapted to the audience and using context specific communication standards.
 

La contribution de cette UE au développement et à la maîtrise des compétences et acquis du (des) programme(s) est accessible à la fin de cette fiche, dans la partie « Programmes/formations proposant cette unité d’enseignement (UE) ».
Contenu
  1. Corporate governance: definition and models -
  • Corporate governance definition -
  • Agency theory versus stakeholder theory -
  • External and internal factors influencing Corporate Governance -
  • Anglo-Saxon model and European continental model of Corporate Governance
II. EU Corporate Governance Framework
III. One tier board and two tier board systems -
  • One tier board
  • Two tier board
  • Presentation of the situation in various jurisdiction
IV. Institutional investors -
  • Shareholders vs investors
  • Various types of shareholders
  • Shareholder’s activism -
  • Voting practices of institutional investors
V. Transparency -
  • Communication and Corporate Governance -
  • Internal control and Corporate Governance -
  • Auditing and Corporate Governance
VI. Comparison of corporate governance systems between European countries
VII. Enron, Parmalat, VW – Lessons to be learned
VIII. Ethics, governance and the law – Prevention and prohibition of market abuse
Méthodes d'enseignement
In-class activities -
  • Lectures and group presentations
At home activities -
  • Readings to prepare the lecture -
  • Paper work -
  • Students presentation
Modes d'évaluation
des acquis des étudiants
Continuous evaluation (30%)
  • Type of evaluation: Group work presentation during the semester. The evaluation takes into account  the group work  and the individual presentation
Evaluation week (30%)
  • Written test during the semester
Examination session (40%)
  • Oral in January
For the second session ( for students that failed in january) students will only present the oral exam that accounts for 40%. The 60% of continuous evaluation and written evaluation stays unchanged.
Autres infos
Internationalisation
  • international content
  • international case study
Corporate features
  • case study
  • corporate guest
Ressources
en ligne
http://moodleuclouvain.be/claroline/course/index.php?cid=LSMS2018
Bibliographie
Provided during the class
Support de cours
  • Slides will be posted on the course's moodle.
  • Slides will be posted on the course's moodle.
  • Slides will be posted on the course's moodle.
Faculté ou entité
en charge
CLSM


Programmes / formations proposant cette unité d'enseignement (UE)

Intitulé du programme
Sigle
Crédits
Prérequis
Acquis
d'apprentissage
Master [120] en études européennes

Master [120] en sciences de gestion

Master [120] en sciences de gestion

Master de spécialisation en entreprises et politiques économiques européennes