LLM 846Corporate Governance

The course provides an in-depth examination of the legal and market framework in which corporate governance operates. It examines how the law approaches the governance structure of various types of companies, focusing on the role of different stakeholders and the structure and powers of the two decision-making organs of the company, the general meeting of shareholders and the board of directors. Close attention will be paid to the role of institutional shareholders and financial markets and to the development of ‘soft-law’ governance codes and voluntary self-regulation as alternatives to formal legal control. [3-0, 3 cr.].