Overview:
- Credits:
- 10.0
- Level:
- 4
- Semester:
- Spring
- Subject:
- Business Management
- School:
- Business
- Coordinator:
- Dr Kate McLoughlin
BMGT45490 Governance & Stakeholder Mgmt
Academic Year 2023/2024
"Good governance never depends upon laws, but upon the personal qualities of those who govern."(Frank Herbert, American Science Fiction Writer)
As our society’s future business leaders, how can you direct and control others? In this module, students will be challenged to reevaluate the role of business in society and make recommendations on the actions and manner in which an organisation can behave more ethically, responsibly and sustainably. To do so requires an understanding of stakeholder perspectives and then reflect on how these can be addressed in strategic decision-making. The deep logic of governance and stakeholder management concepts will be examined to understand the beliefs that shaped them. Students will explore the formative and emerging governance logics (rules, values, norms, and practices) that determine how varying forms of organisations and projects are directed and controlled. It takes a normative stance, critiquing the role of business in society and how it behaves. This approach will help students critique varying global governance codes, policy, roles, processes, and practices to improve performance and ensure conformance in the context of sustainability, ethics and responsibility. It is about ensuring the people in the organisation do the right things and do them well (performance) and it is about making sure the people in the organisation do not do the wrong things (conformance).
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Curricular information is subject to change
Learning Outcomes:
1. Understand the concept of governance and its business function.
2. Identify varying types of governing logics and their regional differences.
3. Describe how ethical, responsibility and sustainability theories of governance mediate the relationships between the organisation and society.
4. Evaluate the value choices of existing governance mechanisms and make recommendations to increase ethical behaviour.
o Corporate governance
o Project management governance
o Stakeholder management
o Our future stakeholders
o Case examples of governance issues
| Student Effort Type | Hours |
|---|---|
| Lectures | 36 |
| Small Group | 1 |
| Specified Learning Activities | 125 |
| Autonomous Student Learning | 60 |
| Total | 222 |
Requirements, Exclusions and Recommendations
Not applicable to this module.
Module Requisites and Incompatibles
Not applicable to this module.
| Remediation Type | Remediation Timing |
|---|---|
| In-Module Resit | Prior to relevant Programme Exam Board |
Feedback Strategy/Strategies
• Feedback individually to students, on an activity or draft prior to summative assessment
• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment
• Peer review activities
How will my Feedback be Delivered?
OVERALL Assignment 1. Individual essay - weighting 70% Assignment 2. Group pre-recorded presentation - weighting 30% ASSIGNMENT 1. Students are strongly advised to develop their logical argument over the former half (sessions 1 – 7) of the module. This will allow them to develop their polemic with the support to Dr McLoughlin in-class. Session 7 will provide assignment support for assignment 2. Students are encouraged to submit an outline for their polemic essay in advance of this session so that any issues can be addressed in class. ASSIGNMENT 2. Support will be provided in-class to support groups develop their pre-recorded presentation in sessions 8 – 12. Feedback on the pre-recorded presentation will be provided in the form of a grade sheet and comments delivered to the group.
MAIN TEXTS
• Elliott, J.A. 2013;2012, An introduction to sustainable development, 4th edn, Routledge, London.
• Laasch, O. 2021, Principles of Responsible Management: Practicing Ethics, Responsibility, Sustainability. 2nd ed. Sage Publishing.
• Raworth, K. (2017) Doughnut economics: seven ways to think like a 21st-century economist, Random House Business Books, London.
• Andrew Crane, Dirk Matten, Sarah Glozer, and Laura Spence (2019) 'Business Ethics - Managing Corporate Citizenship and Sustainability in the Age of Globalization'. Oxford University Press, Oxford.
• Baker, H.K., Anderson, R. & ProQuest (Firm) 2010;2011;, Corporate governance: a synthesis of theory, research, and practice, Wiley, Hoboken, NJ.
• Larson & Gray (2021) Project Management | The Management Process (8th ed), McGraw Hill.
• Monks & Minow (2011) Corporate Governance (5th ed), John Wiley & Sons Ltd.1
SUPPLEMENTAL READING
• Glaeser, E.L. (2006;2003) The governance of not-for-profit organizations, University of Chicago Press, London; Chicago.
• Hopkin & Thompson (2022) Fundamentals of Risk Management (6th ed), Kogan Page [Part 7]
• Leblanc, R. (2020) The handbook of board governance: a comprehensive guide for public, private and not for profit board members (2nd ed), Wiley, Hoboken, New Jersey.
• Lorsch (2012) he Future of Boards Harvard Business Review Press
• PMI (2016) Governance of Portfolios, Programs, and Projects: A Practice Guide, Project Management Institute.
• O'Toole, L.J., Meier, K.J. (2011;2012) Public management: organizations, governance, and performance, Cambridge University Press, Cambridge; New York.
JOURNALS
Good journals are peer-reviewed, meaning that the journal articles have all been reviewed by other academics and experts to ensure the quality of the article. Examples of good journals include (this is not an exhaustive list):
• Governance
• Regulation and Governance
• Corporate Governance: An International Review
• Journal of Business Ethics
• Business Ethics Quarterly
• Journal of Accounting and Public Policy
• Journal of Public Administration Research and Theory
• Public Administration
• Public Administration Review
• Elliott, J.A. 2013;2012, An introduction to sustainable development, 4th edn, Routledge, London.
• Laasch, O. 2021, Principles of Responsible Management: Practicing Ethics, Responsibility, Sustainability. 2nd ed. Sage Publishing.
• Raworth, K. (2017) Doughnut economics: seven ways to think like a 21st-century economist, Random House Business Books, London.
• Andrew Crane, Dirk Matten, Sarah Glozer, and Laura Spence (2019) 'Business Ethics - Managing Corporate Citizenship and Sustainability in the Age of Globalization'. Oxford University Press, Oxford.
• Baker, H.K., Anderson, R. & ProQuest (Firm) 2010;2011;, Corporate governance: a synthesis of theory, research, and practice, Wiley, Hoboken, NJ.
• Larson & Gray (2021) Project Management | The Management Process (8th ed), McGraw Hill.
• Monks & Minow (2011) Corporate Governance (5th ed), John Wiley & Sons Ltd.1
SUPPLEMENTAL READING
• Glaeser, E.L. (2006;2003) The governance of not-for-profit organizations, University of Chicago Press, London; Chicago.
• Hopkin & Thompson (2022) Fundamentals of Risk Management (6th ed), Kogan Page [Part 7]
• Leblanc, R. (2020) The handbook of board governance: a comprehensive guide for public, private and not for profit board members (2nd ed), Wiley, Hoboken, New Jersey.
• Lorsch (2012) he Future of Boards Harvard Business Review Press
• PMI (2016) Governance of Portfolios, Programs, and Projects: A Practice Guide, Project Management Institute.
• O'Toole, L.J., Meier, K.J. (2011;2012) Public management: organizations, governance, and performance, Cambridge University Press, Cambridge; New York.
JOURNALS
Good journals are peer-reviewed, meaning that the journal articles have all been reviewed by other academics and experts to ensure the quality of the article. Examples of good journals include (this is not an exhaustive list):
• Governance
• Regulation and Governance
• Corporate Governance: An International Review
• Journal of Business Ethics
• Business Ethics Quarterly
• Journal of Accounting and Public Policy
• Journal of Public Administration Research and Theory
• Public Administration
• Public Administration Review
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