Corporate governance deals with how the suppliers of capital ensure that corporate managers make efficient use of that capital and provide investors with a return commensurate with the risk of the investment. Better governance lowers the cost of capital and leads to greater financial development and higher economic growth. Consequently, countries are searching for the set of governance practices, rules and regulations that will most effectively promote economic development. This course will study the main corporate governance mechanisms, such as, legal and regulatory protection, the market for corporate control, ownership structure, executive compensation policies and practices, the board of directors, and shareholder activism. We will analyze how corporate governance practices differ across countries and how they affect firm value and the development of capital markets.

Course leader
Teacher: Tatyana Sokolyk: http://www.bus.brocku.ca/faculty/faculty-iframed.php?id=304#Top

Target group
Master's level.Students holding a relevant Bachelor's degree within Business Administration.

Fee info
EUR 667: Price: Students holding a preapproval including exchange students do not pay for the course.ONLY Free-mover students and Tomplads students MUST pay for the course: Danish and EU/ES (tomplads): 667 EURNON-EU-ES students (free-mover): 998 EURBooks, course materials, social programme, and housing are not included in the tuition fee. Also be aware of course specific expenses mentioned in the description.

Scholarships
No scholarships available.

Aarhus University
Address: International Centre, H%C3%B8egh Guldbergsgade 4-6
Postal code: 8000
City: Aarhus
Country: Denmark
Website: www.au.dk/summeruniversity
E-mail: dfs@au.dk
Phone: +4551335274