This course provides ambitious bachelor students in economic, management, business and law with modern insights into key issues of corporate governance, with a specific focus on the economic causes and effects of mergers and acquisitions (M&A). The first week of the course is devoted to key issues of corporate governance, especially in light of the current financial crisis. The second week focuses on understanding and managing M&A. The course will be delivered by leading academics in the field, as well as several corporate and employment lawyers of reputable law firms and managers of (multi)national companies, a private equity fund and a stock exchange.In February 2009, the OECD steering group on Corporate Governance concluded that the financial crisis could in part be attributed to failures and weaknesses in corporate governance arrangements. This inspired (semi-) self regulating bodies, governments, the EU and organisations like the OECD to take initiatives to stimulate boards and shareholders to pursue a long term strategy. The question remains, however, whether this will work out and prevent short-termism and excessive risk taking and, if not, what else can be done? This central question will be dealt with during the first part of the course, from both an economic and legal perspective.The second half of the course deals with the economic, legal and financial aspects of Mergers & Acquisitions (M&A). Many executives say they use M&A as a means to consolidate or expand the market position of their firm or increase its productive efficiency. Most mergers and acquisitions, however, fail to create value, leading to the so-called %E2%80%98merger paradox%E2%80%99. By adopting a multidisciplinary and institutional perspective, the course aims to increase the understanding of merger determinants and effects, discusses key topics for value creation, and concludes with policy assessments. On the last day the students will participate in a negotiations training workshop and will present their papers on a major M&A transaction in their home country.This course is taught at LUISS School of Business in Rome as part of the China Europe International Summer School (CEISS). CEISS is a collaboration between Fudan University (China), Utrecht University (Netherlands), Freie Universit%C3%A4t Berlin (Germany), LUISS School of Business (Italy), Universita Cattolica del Sacro Cuore (Italy), University of Copenhagen (Denmark) and Edvance Education International (China), and offers summer courses that explore the world's main economic, social and political trends and themes and the way they impact on the economies and societies of Europe and China.This course can be combined with the following CEISS courses:- Law and Economics: Competition and Market Regulation in Europe and China, Fudan University (Shanghai), 6 - 17 July 2015
Course leaderprof. dr. E.J.J. Schenk and prof. dr. W.J. Oostwouder (Utrecht University)
Target groupAmbitious bachelor students in economics, management, business, or law, who are keen to appreciate a non-mainstream, multidisciplinary and interactive approach to corporate governance and M&A.
Course aim-
Credits info4 ECTS n/a
Fee infoEUR 1470: course fees + course materials + housing EUR 0: -
ScholarshipsNot available
China Europe International Summer SchoolAddress: Wangjing SOHO, Tower 2, Unit A, Rm 1110 Futong Dongdajie 1
Postal code: 100102
City: Shanghai, Berlin, Utrecht, Rome
Country: China
Website: http://www.chinaeuropesummerschool.eu
E-mail: info@chinaeuropesummerschool.eu
Phone: +86 10 5707 6050
