This course introduces the legal, political, and practical relationships that govern how businesses operate at the highest level of management. Upon completing the course, students will have an understanding of the myriad relationships, agendas, and conflicts that come into play in managing, overseeing, or investing in a significant business enterprise as well as the ability to consider the appropriateness of the corporate governance structure within public or private business entities. The course includes discussions of the evolution of the modern corporation and corporate governance; the structure, duties and responsibilities of boards of directors in primarily U.S. companies; the key areas of conflict between boards of directors, CEOs, and shareholders as each pursues its individual mission; and, exercises in researching the sources to obtain information and evaluations on an individual company’s corporate governance practices as well as determining the “best practices” in corporate governance.
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