Governance and Ethics

Numbering Code G-ECON31 6A910 LE44 Year/Term 2021 ・ First semester
Number of Credits 2 Course Type
Target Year Target Student
Language English Day/Period Tue.4
Instructor name HIKINO TAKASHI (Graduate School of Management Specially Appointed Professor)
Outline and Purpose of the Course The Governance and Ethics course aims to give an overview of a coherent analytical framework to maximize the corporate value by systematically managing compliance and social responsibilities as well as risks and uncertainties from the perspective of the senior management and employees as well as shareholders.
Course Goals Students are expected to learn the basic yet organized knowledge of corporate governance and business ethics that have become one of the critical foundations of modern corporate enterprises.
Schedule and Contents The Governance and Ethics course offers a systematized framework to preserve and maximize firm value in contemporary economies. As such it covers three major subjects: corporate governance as an integrating core; risk management as analytical tools; and compliance and corporate social responsibilities as practical domains. The class employs video and other visual presentations in addition to lectures.
- The class will be held in the afternoon on Tuesday, 4th period.

- The basic topics that each class covers are summarized as follows:
1 & 2: Corporate governance and corporate management: Enron and Sarbanes-Oxley (H
3 & 4:: Governance and compliance with laws and regulations: Preserving firm value (Hik
5 & 6: Beyond compliance and economic values: CSR, CSV, and ESG
7 & 8: Business Risks: Risks to business and risk management
9 & 10: Corporate Social Responsibility: Rise and fall of the CSR concept and practices
11 & 12: CSR and Beyond: Shifting into socially sensitive philosophy?
13 & 14: How to maximize firm value in contemporary societies?
(Note that depending on the interest of participating students and their knowledge of general governance issues the organization and subjects of classes will be modified.
Evaluation Methods and Policy Final examination (50% of the total grading); class attendance and active participation (25%); and short note at the end of each class (25%)
Course Requirements No systematic knowledge of economics, law or management is required. Active interest in market and social dynamics of businesses is a prerequisite. Please note that auditing students are required to have a brief interview with the professor before classes start. The number of auditing students will be limited.
Study outside of Class (preparation and review) Students are expected to read the assigned materials that will be distributed in the classroom.
Textbooks Textbooks/References No specific textbooks are used. Copies of necessary articles and documents will be distributed in the class.
References, etc. Relevant references will be provided in appropriate classes.