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Influences on corporate governance
Corporate governance and shareholder activism have gained in importance over recent...
Corporate governance and shareholder activism have gained in importance over recent years. This unit will enable you to consider the issues addressed by corporate governance. You will examine some of the recent scandals and the regulatory reactions to them, before looking at the elements that continue to drive this area.
On successful completion of this unit, you should be able to:
- provide a range of definitions of corporate governance;
- identify issues usually addressed by corporate governance structures;
- summarise recent scandals and abuses and the regulatory reaction;
- identify the other drivers of corporate governance, such as capital markets, shareholders and rating agencies.
- Current section: Introduction
- Learning outcomes
- 1 What is corporate governance?
- 2 The drivers of corporate governance rules
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Influences on corporate governance
The topic of ‘governance’ is one that has gained popularity, and the term is now used to embrace a range of concepts. This unit establishes some basic principles that will form the basis of your study. You will have the opportunity to consider how well these principles match up with your own observations of corporate organisations and behaviour
This material is from our archive and is an adapted extract from Issues in international financial reporting (B853) which is no longer taught by The Open University. If you want to study formally with us, you may wish to explore other courses we offer in this.
This is an extract from an Open University course which is no longer available to new students. If you found this interesting you could explore more free Business Studies courses or view the range of currently available OU Business Studies courses.
Copyright & revisions
Originally published: Tuesday, 12th July 2011
- Creative-Commons: The Open University is proud to release this free course under a Creative Commons licence. However, any third-party materials featured within it are used with permission and are not ours to give away. These materials are not subject to the Creative Commons licence. See terms and conditions. Full details can be found in the Acknowledgements section.
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