Content

Students get to know the legal sources of Corporate Governance. The importance of Corporate Governance for the reputation of the company on the capital market, as well as various Corporate Governance systems are conveyed. Several components of the Corporate Governance system are treated in depth.

A. Introduction

B. Theoretical Foundation of Corporate Governance

• Principal-agent-theory

• Stewardship-theory

C. Corporate Governance Systems

1. Monistic vs. dualistic system

2. The institutions in the German corporate constitution

              a) Management Board

              b) Supervisory Board

              c) General Meeting

3. The control function of the auditor

D. Trends in Germany, the EU and the US

E. The German Corporate Governance Code

1. Government Commission GCGC

2. Position in the hierarchy of norms

3. Objectives and functions of the GCGC

4. Contents of the GCGC

5. Public Corporate Governance Code

F. Organization of management and monitoring

1. Management and leading organization

2. Monitoring

G. Corporate Governance Control Systems

1. Reporting to the Supervisory Board

2. Reporting to the General Meeting

3. Statement to the Corporate Governance and the Corporate Governance Report

4. Efficiency test

Exam in the first examination period

The exam is offered during the winter semester 2018/2019 as an open exam.

Auditorium classification

H22 all