BBA470 Corporate GovernanceIstanbul Okan UniversityDegree Programs Tourism and Hotel Management (English)General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Tourism and Hotel Management (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General course introduction information

Course Code: BBA470
Course Name: Corporate Governance
Course Semester: Fall
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 6
Language of instruction: EN
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Department Elective
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : EZGİ YILDIRIM SAATÇİ
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: 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.

Course Content: 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.

Learning Outcomes

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

Lesson Plan

Week Subject Related Preparation
1) • Course content • Basic concepts of corporate governance Larcker, D., & Tayan, B. (2021). Corporate governance matters: A closer look at organizational choices and their consequences. 3rd Edition. Pearson Education. ISBN-13: 978-0133518504; ISBN-10: 0133518507
2) • Definition and mechanisms of Corporate Governance • Country-level and international regulatory framework for Corporate Governance Larcker, D., & Tayan, B. (2021). Corporate governance matters: A closer look at organizational choices and their consequences. 3rd Edition. Pearson Education. ISBN-13: 978-0133518504; ISBN-10: 0133518507
3) • Corporate Governance Principles in Turkey • Corporate Governance Principles regarding Shareholders • Ownership Structure and categories of Shareholders • Conflict of interests among shareholders Reading of Official Communique of Corporate Governance Principles in Turkey Topics covered in the lecture will be repeated.
4) • Corporate Governance Principles in Turkey • Corporate Governance Principles regarding Stakeholders • Corporate Governance Principles regarding Public Disclosure and Transparency Derste işlenen konular tekrar edilecektir.
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 Topics covered in the lecture will be repeated.
6) • Board of Directors: Structure and Consequences • Board of Directors: Selection, Compensation, and Removal • Committees of Board of Directors Topics covered in the lecture will be repeated.
7) • OECD Corporate Governance Principles • Principles regarding Shareholders • Principles regarding Board of Directors • Principles regarding Public Disclosure and Transparency • Principles regarding Stakeholders Topics covered in the lecture will be repeated. Study for the midterm exam.
8) Midterm Exam None
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 Topics covered in the lecture will be repeated.
10) • International Corporate Governance • Individual National Governance Structures • Societal and Cultural Values and Corporate Governance • Legal tradition, enforcement, accounting regulation and Corporate Governance Derste işlenen konular tekrar edilecektir.
11) • Corporate Governance theories • Agency theory • Stewardship theory • Stakeholders Theory • Theory of Efficient Markets Topics covered in the lecture will be repeated. Prepare course project
12) • Defense strategies in corporate takeover • Roles of institutional and activist shareholders. • Governance ratings Topics covered in the lecture will be repeated. Prepare course project
13) • Defense strategies in corporate takeover • Project presentations Topics covered in the lecture will be repeated. Study for the final exam
14) • Review of the semester • Project presentations Study for the final exam
15) Final Exam None

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.
ISBN-13: 978-0133518504; ISBN-10: 0133518507
References: Larcker, D., & Tayan, B. (2021). Corporate governance matters: A closer look at organizational choices and their consequences. 3rd Edition. Pearson Education.
ISBN-13: 978-0133518504; ISBN-10: 0133518507

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

Program Outcomes
1) Learning the facts, concepts and principles related to tourism and hotel management
2) Having a theoretical and practical knowledge at the basic level related to the field
3) To be able to make analytical evaluations for tourism and travel sector
4) Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment
5) To be able to work efficiently in the tourism sector
6) Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide
7) Organizing, coordinating and developing departments in accommodation organizations
8) To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies
9) Demonstrating the ability to apply professional working techniques in food and beverage establishments

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Learning the facts, concepts and principles related to tourism and hotel management
2) Having a theoretical and practical knowledge at the basic level related to the field
3) To be able to make analytical evaluations for tourism and travel sector
4) Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment
5) To be able to work efficiently in the tourism sector
6) Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide
7) Organizing, coordinating and developing departments in accommodation organizations
8) To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies
9) Demonstrating the ability to apply professional working techniques in food and beverage establishments

Learning Activity and Teaching Methods

Expression
Individual study and homework
Lesson
Reading
Homework
Q&A / Discussion
Case Study

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Individual Project
Presentation
Bilgisayar Destekli Sunum
Case study presentation

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Presentation 1 % 10
Project 1 % 30
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 Workload
Course Hours 13 39
Study Hours Out of Class 14 42
Presentations / Seminar 11 33
Project 5 15
Midterms 5 15
Final 11 33
Total Workload 177