ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title Corporate Governance and Sustainability
Code ACFI818
Coordinator Dr Y Zhao
Finance and Accounting
Yang.Zhao3@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2023-24 Level 7 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 20

 5

         25
Timetable (if known)              
Private Study 125
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Examination. There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment.  2    50       
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Group assignment. There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment.  0    50       

Aims

This module aims to:

Develop students’ understanding on main theories and ethical issues underlying the need for corporate governance;

Increase students’ awareness on the latest developments in corporate governance codes.;

Enhance students’ ability to assess the characteristics to corporate governance codes and guidance;

Prepare students to evaluate various corporate governance mechanisms and their impact on corporate performance;

Expand students’ knowledge on latest research and real-world cases in the area of corporate governance.

Equip students with knowledge and skills of corporate sustainability.

Learning Outcomes

(LO1) Students will be aware of main theories and ethical issues underlying the need for corporate governance around the world.

(LO2) Students will be able to critically assess the characteristics to corporate governance codes and guidance.

(LO3) Students will be able to evaluate internal governance mechanisms and their impact on corporate performance.

(LO4) Students will be able to discuss various aspect of shareholder activism, corporate governance regulation and the role of proxy advisors in the governance process.

(LO5) Students will be able to evaluate and understand the importance of sustainability and its role within corporate governance.

(S1) Ethical Awareness
Developed through in-class discussion on well-known case studies, that draws attention to various corporate governance, ethical and sustainability issues.

(S2) Problem solving
At the end of this module, students will be aware of major issues in corporate governance and the existing solutions to mitigate those concerns.

(S3) Teamwork and Communication
Developed through a case study based group work.

(S4) International awareness
Students will develop awareness on major governance problems that directors, shareholders and other stakeholders of most modern corporation are facing around the world.

Teaching and Learning Strategies

2 hour lecture x 10 weeks
1 hour seminar x 5 weeks
125 hours self-directed learning

Syllabus
 

1. Corporate Strategy and Risk;

2. Corporate Governance Theory;

3. Corporate Governance Standard and Codes;

4. Shareholders, Institutional Investors and Family Owners;

5. Stakeholders and Social Responsibility;

6. Board of Directors;

7. Top Management Team;

8. Market for Corporate Control;

9. Corporate Sustainability;

10. Corporate Governance: A Global Perspective;

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.