Ethics and Corporate Governance

Code:

2MEAE17

Acronym:

EGE

Keywords
Classification	Keyword
OFICIAL	Management Studies

Instance: 2024/2025 - 1S

Active?	Yes
Responsible unit:	Management
Course/CS Responsible:	Master in Economics and Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
EAE	36	Official Syllabus after 2021-2022	2	-	3	21	81

Teaching language

Portuguese

Objectives

The objective of the discipline is to develop the subject of Corporate Governance, an issue that has been gaining growing importance within Corporate Economics in general and Corporate Finance in particular, as well as to deal with the different aspects and imensions giving form to this new academic discipline.
Real world corporate governance cases will be studied and a systematic comparison will be made between the praxis of corporate governance and the concrete situations of corporate success and failure.

Learning outcomes and competences

Students are expected to obtain an effective understanding of the corporate governance problem, in all its implications, and also to exercise a capability for critical analysis of the real world corporate governance solutions.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

It is recommended that students possess a good knowledge background in Theory of Finance and Corporate Finance.

Program

1. Introduction to Ethics and Corporate Governance

2. Corporate Governance: The (Main) Problems and their Conceptual Framework

3. Corporate Governance: The Main Attempts to Solve or Mitigate Problems

4. Other Issues (Role of Institutional Investors, Corporate Governance and Performance, Government of State-Owned Companies)

5. Corporate Governance in Portugal

6. Case Studies

Mandatory literature

Alves, Carlos; Empresas Orientadas para os Shareholders e Empresas Orientadas para os Stakeholders, Almedina, 2020. ISBN: 978-972-40-8315-5
Tricker, Bob; Corporate Governance: Principles, Policies and Practices, Oxford University Press Inc., 2009. ISBN: 978-0-19-955270-2
Alves et al.; Desafios da Ética Contemporânea, Santos, A. (Ed.), 2023. ISBN: 9789895612963

Teaching methods and learning activities

The tuition method consists in a combination of theoretically based tuition with the critical analysis of decision-making problems and situations, and the study of real world cases, but at national and international level.
The direct participation of students in the classroon is encouraged. Moreover, the class is organized into working groups, each one of which must submit an applied research work on a subject that will be proposed to tham.
The program of the discipline will exten through seven lectures divided in two parts. Each lecture will be object of a summary text and of an indication of specific readings.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	70,00
Participação presencial	10,00
Trabalho escrito	20,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Frequência das aulas	28,00
Elaboração de relatório/dissertação/tese	30,00
Estudo autónomo	50,00
Total:	108,00

Eligibility for exams

The exam (norma season) and work are mandatory.

Calculation formula of final grade

Students final marks will result from the weighted average of the partial marks assigned to the following factors: final exam: 70%; assignment: 20%; attendance and participation in lectures: 10%.

Classification improvement

Improvement o is only possible for the exam component.