10-02-263 Corporate Governance

Instructors: Prof. Dr. Wolf-Georg Ringe

Event type: Lecture

Displayed in timetable as: Corporate Governance

Hours per week: 2

Credits: 2,0

Language of instruction: English

Min. | Max. participants: - | -

Comments/contents:
The corporate organisation is a main driver of business enterprise, stimulates investment, and promotes an efficient allocation of resources. This course discusses corporate law and corporate governance from a law & economics perspective. The course focuses on the benefits that the corporate form entails, and also on the various legal, contractual and extra-legal mechanisms available to protect (minority) shareholders and other stakeholders from the self-serving behaviour of managers and of controlling shareholders. Moreover, the course addresses the problem of financial distress and its consequences for the financing of private and public enterprises, as well as for financial stability.

Literature:
Kraakman et al., THE ANATOMY OF CORPORATE LAW, 3rd edition (2017)

Additional reading will be required for individual classes