- 1.5 credits
- Prerequisite: MBA Core, for those not in the MBA program, graduate student status and instructor's permission
This course is characterized by candid discussions in an interactive forum regarding the substantial responsibility of corporate officers and directors who are leading corporations and organizations through major opportunities, challenges, and crises. These are the individuals who are responsible for establishing, revising, and maintaining governance practices in the cultures of their respective organizations, and markedly improving the effectiveness of their boards, their advisory groups, and their institutions. While many issues in corporate governance remain controversial, a critical aspect of this course is to acquaint participants with the broad range of governance options, their implementation, best practices, and their consequences. The use of actual cases and materials, ethical dilemmas, critical thinking, and crisis scenarios often facilitate the presentation of the course. The many elements of this course reflect a common theme. Effective, responsive corporate governance enables practices designed to enhance the profitability of the enterprise, increase long-term stakeholder value, reflect the principles of independence, link compensation to performance, and assure transparency in its transactions. Corporate governance, at its best, is a sustainable competitive advantage.