Corp GovernanceFirm Structure

1.5 Credits · Level: Graduate

Governance is about providing advice and exercising control as much as it is about efficient and effective leadership. In this course, we will study how governance structures function and how well they achieve their desired outcomes. As this course is short and quick, we focus mainly on the United States and compare governance models for public firms and non-profits. The primary institutions discussed will be the board, stakeholders (broadly speaking), and management. We will review theories underlying modern governance practice, drawing from empirical insights provided by research across diverse academic fields. We'll also discuss numerous specific situations where boards and management teams faced governance challenges. By the end of the course, you’ll understand the markers of good governance and how to improve it when it’s not.