HGCY will develop courses for local graduate students on good corporate governance.
Comparative Corporate Governance
2006 Fall Semester
Graduate School of International Studies, Yonsei University
Joongi Kim
Tel : 2123-6295
Email: kimjg@yonsei.ac.kr
Email: hills@yonsei.ac.kr
Website: hills.yonsei.ac.kr
Class Hours: Tues & Thur 9 - 10:15
Course Description:
Corporate governance has emerged as one of dominant issues in our world.
This course will study the major policy and legal issues that surround corporate governance.
A key question that arises is how to regulate international business, if at all.
The first section of this course will focus on the basic structure and governance of corporations
that carry out international business. It will include the relationship of management, shareholders
and stakeholders (employees, creditors and banks) and also will cover corporate control such
as mergers and acquisitions, especially in light of the increasingly transnational nature
of business. Corporate governance as a whole has become one of the dominant issues in
international circles. The second half of the course will explore such international policy
issues as international antitrust issues, the regulation of international corruption and
the establishment of internal controls. As a result, the course will focus on the historic
incidents involving various high profile companies around the world.
Most of these issues will be explored through case studies and problem solving. Grading
will be based on class participation, presentations and attendance (40%), a midterm examination
(10%) and a final examination (50%). Active class participation is strongly encouraged.
For each week's class, certain pre-designated individuals ("Designated Hitters") will
be called upon to provide an outline of the relevant subject matter and lead class discussion.
Textbook, Class Material and References:
Selected articles, case studies materials to be posted on YSCEC
1. Sept 5 & 7 Introduction 2. Sept 12 & 14 Corporate Governance and Social Responsibility 3. Sept 19 & 21 Origins of Corporate Law, Fiduciary Duty and Piercing the Corporate Veil 4. Sept 26 & 28 Fiduciary Duty: Duty of Loyalty, Duty of Care & Business Judgment Rule 5. Oct 3 & 5 (tentative) The Collapse of Enron: Role of the Board 6. Oct 10 & 12 The Collapse of Enron: The Gatekeepers 7. Oct 17 & 19 WorldCom 8. Oct 24~28 Midterm (to be decided) 9. Oct 31 & Nov 1 Sarbanes-Oxley: Accountability and Transparency 10. Nov 7 & 9 Asian Corporate Governance 11. Nov 14 & 16 Korean Corporate Governance 12. Nov 21 & 24 Japanese Corporate Governance 13. Nov 28 & 30 European Corporate Governance 14. Dec 5 & 7 Convergence or Divergence? 15. Dec 12 & 14 Cross-Listing, Migration and Bonding 16. Dec 15~21 (to be determined) Final Exam
