EMBA579 Corporate Governance Istanbul Okan UniversityDegree Programs Master of Business Administration (English) non-thesisGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Master of Business Administration (English) non-thesis
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

General course introduction information

Course Code: EMBA579
Course Name: Corporate Governance
Course Semester: Spring
Fall
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 8
Language of instruction: EN
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Department Elective
Course Level:
Master TR-NQF-HE:7. Master`s Degree QF-EHEA:Second Cycle EQF-LLL:7. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Dr.Öğr.Üyesi ALİNA TARAN
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: Interpret the Corporate Governance principles of OECD.
• Explain the Corporate Governance regulation in Turkey
• Identify different aspects of Corporate Governance issues in developed and emerging markets.
• Describe the difference between corporate governance and management.
• Discuss the role of Board of Directors in sound governance environment.
• Interpret major international corporate scandals considering Corporate Governance principles
• Improve their written, oral and inter-personal communication skills.

Course Content: Definition of corporation and corporate governance; various models and mechanisms of corporate governance; the shareholder/stakeholder rights and responsibilities; the issues pertaining to the board of directors and management; expound on the audit committees; analyze the corporate scandals along with corporate best practices; the transparency, professionalism and honesty in managing the relationship between governance and ethics; the legislations on corporate governance and responsibility.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) Interpret the Corporate Governance principles of OECD.
2) Explain the Corporate Governance regulation in Turkey
3) Identify different aspects of Corporate Governance issues in developed and emerging markets.
4) Describe the difference between corporate governance and management.
5) Discuss the role of Board of Directors in sound governance environment
6) Interpret major international corporate scandals considering Corporate Governance principles
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) • Course content • Basic concepts of corporate governance -
2) • Definition and mechanisms of Corporate Governance • Country-level and international regulatory framework for Corporate Governance -
3) • Corporate Governance Principles in Turkey • Corporate Governance Principles regarding Shareholders • Ownership Structure and categories of Shareholders • Conflict of interests among shareholders -
4) • Corporate Governance Principles in Turkey • Corporate Governance Principles regarding Stakeholders • Corporate Governance Principles regarding Public Disclosure and Transparency -
5) • Corporate Governance Principles regarding Board of Directors • Board of Directors: Duties and Liabilities • Board independence • Director elections • Legal obligations of directors • Relation between management and directors • Relation between accounting and responsibilities of directors -
6) • Board of Directors: Structure and Consequences • Board of Directors: Selection, Compensation, and Removal • Committees of Board of Directors -
7) • OECD Corporate Governance Principles • Principles regarding Shareholders • Principles regarding Board of Directors • Principles regarding Public Disclosure and Transparency • Principles regarding Stakeholders -
8) • MIDTERM EXAM -
9) • Organizational Strategy, Business Models, and Risk Management • How Well Are Boards Doing with Performance Measures and Business Models? • Assessing Board Performance on Risk Management -
10) • International Corporate Governance • Individual National Governance Structures • Societal and Cultural Values and Corporate Governance • Legal tradition, enforcement, accounting regulation and Corporate Governance -
11) • Corporate Governance theories • Agency theory • Stewardship theory • Stakeholders Theory • Theory of Efficient Markets -
12) • Defense strategies in corporate takeover • Roles of institutional and activist shareholders. • Governance ratings -
13) Defense strategies in corporate takeover Project presentations -
14) • Review of the semester Project presentations -

Sources

Course Notes / Textbooks: Larcker, D., & Tayan, B. (2021). Corporate governance matters: A closer look at organizational choices and their consequences. 3rd Edition. Pearson Education.
References: Larcker, D., & Tayan, B. (2021). Corporate governance matters: A closer look at organizational choices and their consequences. 3rd Edition. Pearson Education.

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

5

6

Program Outcomes
1) To gain basic knowledge about the basic functions in the field of business administration and to apply them in real life
2) To use scientific research methods and technology in decision processes of business
3) Evaluating the effects of political, legal, geographical, economic and technological factors on the competitive structure of the business area with team work and finding the necessary solutions
4) To be aware of current issues in the field of business and to gain sensitivity to problems
5) Transmission of written documents such as reports, printouts, internal correspondence orally in an effective manner
6) Defining and analyzing the problem by forming a team within the framework of professional expertise and conceptual knowledge and using leadership qualities
7) To be able to relate to other areas of business administration, to be aware of global and social ethical norms

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) To gain basic knowledge about the basic functions in the field of business administration and to apply them in real life
2) To use scientific research methods and technology in decision processes of business
3) Evaluating the effects of political, legal, geographical, economic and technological factors on the competitive structure of the business area with team work and finding the necessary solutions
4) To be aware of current issues in the field of business and to gain sensitivity to problems
5) Transmission of written documents such as reports, printouts, internal correspondence orally in an effective manner
6) Defining and analyzing the problem by forming a team within the framework of professional expertise and conceptual knowledge and using leadership qualities
7) To be able to relate to other areas of business administration, to be aware of global and social ethical norms

Learning Activity and Teaching Methods

Field Study
Individual study and homework
Lesson
Group study and homework

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Presentation

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Project 1 % 40
Midterms 1 % 30
Final 1 % 30
total % 100
PERCENTAGE OF SEMESTER WORK % 70
PERCENTAGE OF FINAL WORK % 30
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Study Hours Out of Class 12 6 72
Project 1 50 50
Midterms 1 30 30
Final 1 35 35
Total Workload 229