BA5834 FINANCIAL ISSUES IN CORPORATE GOVERNANCE

Course Code:3125834
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:8.0
Department:Business Administration
Language of Instruction:English
Level of Study:Graduate
Course Coordinator:Assoc.Prof.Dr. ÇAĞRI TOPAL
Offered Semester:Fall or Spring Semesters.

Course Objectives

Students who have taken this course will:

  • Learn what corporate governance is and understand the difference between management and corporate governance
  • Grasp the great diversification in governance and organization structure of the companies worldwide
  • Discuss the importance of corporate governance in all types of companies, listed, unlisted, closely-held, widely-held, SMEs, family owned
  • Driving forces behind corporate governance (privatization, company ratings, mergers and acqusitions, stock echange rules
  • Learn the importance of boards, management (CEOs, CFOs)
  • Learn the rights of shareholders, the role and the importance of institutional investors,
  • Learn the responsibilities of institutional investors (hedge  funds,private equity investors soverign funds etc), and their governance challenges
  • Discuss the role of stakeholders
  • Understand the importance of transparency accountability in financial reporting and auditing
  • Understand the relationship between internal control, risk management and corporate governance
  • Evaluate and measure the impact of good corporate governance on financial performance
  • Learn the implication of Basel II from the Corporate Governance perspective, and the corporate governance of financial institutions
  • Discuss the impact of corporate governance on financial markets
  • Discuss the importance of responsible business conduct and sustainability (especially in multionationals)
  • Finally corporate governance developments in Turkey, new commercial code and the coming corporate governance principles of non-listed companies

Course Content

In the 20th century, modern corporations became one of the world`s dominant institutions. Consequently, the way they do business is now under close scrutiny. The relationship between ownership structure, performance and the demands of society requires that companies exercise a high degree of diligence in their governance.


Course Learning Outcomes


Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management.
2They are capable of synthesizing the knowledge that they attained in the area of business administration with the knowledge base that they developed in their undergraduate specialisms.
3They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration.
4They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes.
5They are capable of applying, analyzing, synthesizing and evaluating the knowledge they developed in diverse fields efficiently.
6They are capable of transferring information by using efficient verbal and written communication techniques.
7They are capable of performing professional communication effectively also in English.
8They know methods of performing efficient teamwork.
9They are capable of understanding and synthesizing academic and scientific research in their areas and able to transform such research into useful knowledge.
10They have competence in all of the stages of scientific research and processes.
11They are knowledgeable in the areas of professional ethics and responsibility.
12They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts.
13They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values.
14They have a creative, innovative and critical perspective.

0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution