The Ownership, Governance and Control of Organizations: Course Module Overview Note
39 Pages Posted: 10 Nov 1997
Date Written: April 1997
Through a series of cases, articles and other readings this module develops the concepts of corporate governance and control, and examines their relation to the organizational rules of the game, and to the creation and distribution of value. The "organizational rules of the game" refers to an organization's systems for 1) allocating decision rights, 2) measuring performance, and 3) meting out rewards and punishments, as defined by Jensen and Meckling (1992). Each of the sessions focuses on issues relevant to when, why and how ownership, governance and control create or destroy value in organizations. The module is comprised of 16 sessions based on cases, clinical articles and related readings. The module note describes the organization and structure of the course module, a description of materials for each session, and a set of student assignments and assignment questions for each session. Particular sessions or groups of sessions from this module can be used in a course whose primary materials comprise academic journal articles and textbook readings. This can involve intermingling case-based sessions with other types of materials or assigning materials from an Ownership, Governance and Control of Organizations session to students to form the basis of a project or paper.
JEL Classification: G30, G3
Suggested Citation: Suggested Citation