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Dr Carsten Gerner Beuerle, Prof Robert Kershaw NAB7.16 and Mr Edmund-Philipp Schuster NAB6.30

This course is available on the Executive LLM. This course is not available as an outside option.

Available to Executive LLM students only. This course will be offered on the Executive LLM during the four year degree period. The Department of Law will not offer all Executive LLM courses every year, although some of the more popular courses may be offered in each year, or more than once each year. Please note that whilst it is the Department of Law's intention to offer all Executive LLM courses, its ability to do so will depend on the availability of the staff member in question. For more information please refer to the Department of Law website.

This course will focus on topical issues in corporate governance, including: corporate governance codes as a regulatory technique; corporate governance reform, firm performance and financial development; the role of the board of directors in large public companies and groups of companies; the division of powers between the managers and shareholders; directors’ duties and enforcement of duties; executive remuneration; stakeholder representation, in particular employee representation, in corporate decision-making; shareholder activism and corporate short-termism; the market for corporate control as a corporate governance device.

24-26 hours of contact time.

Students will have the option of producing a formative exam question of 2000 words to be delivered one month from the end of the module’s teaching session by email.

Reading will be prescribed for each seminar. Preliminary reading can be found in P. Davies, Introduction to Company Law (OUP, 2nd edition 2010), chapters 5-9 ; R. Kraakman et al, The Anatomy of Corporate Law (3rd edition 2017); Gordon and W.G. Ringe (eds.), The Oxford Handbook of Corporate Law and Governance (2018).

Assessment path 1
Essay (100%, 8000 words).

Assessment path 2
Take-home assessment (100%).