Corporate Governance (MNG158)


Corporate governance affects both individual company performance, as well as situation in markets at large. It includes processes, policies, laws (norms) and institutions that, among other issues, also affect the way a corporation manages risks of corruption. Integrity, ethics and accountability have to be translated into actions that can be accounted for and measured. Walmart, Statoil, Siemens and Enron are but a few examples of companies not walking the talk. This course will deal with legal requirements, institutional practices and real-life challenges of anti-corruption actions within a company as part of its corporate governance.

Aims of the course

The course aims to introduce students to corporate governance arrangements with a specific focus on managing risks of corruption, countering fraud and promoting corporate ethics. As requirements for good governance, transparency and accountability are increasing, managing corruption risks becomes essential for any company in any country. In this course students will learn how to identify major corruption forms and risks, and how to make accountability and anti-corruption a comprehensive part of a company’s good governance and risk-management policies.

This course will be centered on practical dilemmas, real-life examples (including guest speakers / on-site visits), discussion and active input from students.

Learning outcomes

  • Introduce students to the core concepts of  corporate governance and anticorruption practices in private sector.
  • Discuss and analyze issues within the area of anticorruption policies as part of corporate governance.
  • Assess and analyse various case studies.
  • Develop a general orientation in and understanding of importance of anticorruption mechanisms in private sector.
  • Understand practical applications of anticorruption elements as part of corporate governance in an international context.
  • Apply critical thinking and problem solving skills.
  • Demonstrate knowledge and ability to evaluate and assess main corruption risks in real-life scenarios.