Corporate Governance and Accountibility - Period 2 Social Sciences & Humanities Program Fall 2019 Semester - Amsterdam

The course employs an integrated "building-blocks" approach. Each week, a new block covers - but is not limited to - the following topics:
>> Block 1. Terms and concepts: surveys about fraud and misconduct (what's happening now? why is this important?) - defining CG - terminology - identification of main actors involved
>> Block 2. Theory: main theories (agency, resource-dependent / stewardship, stakeholder) - alternative theories (power, culture) - firms' motives to comply - game theory as a tool
>> Block 3. Research findings: how is CG measured? - empirical findings (what does the evidence say?) - limitations, myths, criticism
>> Block 4. Accounting and CG: financial accounting and reporting - detecting fraud - compensation - internal control - enterprise risk management
>> Block 5. Law and CG (guest lecture): legal basics - tasks, responsibilities, liabilities - different models of CG (1 tier, 2 tier) - Dutch CG Code & regulatory framework - principle-based & "comply or explain" models - principles & best practices
>> Block 6. Principles. principles and recommendations - financial crisis (what have we learned?) - future directions

These blocks provide answers to the following questions:
- How is CG understood and defined? How is it measured?
- How does CG relate to accounting practices, internal control, financial reporting, and enterprise risk management?
- How do executive and supervisory tasks of boards relate to strategies of management, monitoring, accountability, and control?
- What are the objectives of CG codes and principles? How do they look like?

Contact hours listed under a course description may vary due to the combination of lecture-based and independent work required for each course therefore, CEA's recommended credits are based on the ECTS credits assigned by VU Amsterdam. 1 ECTS equals 28 contact hours assigned by VU Amsterdam.