B8261 - GOVERNANCE E ACCOUNTABILITY DELLE IMPRESE COOPERATIVE

Learning outcomes

The aim of the course is to provide students with the principles, tools and key reference models that characterise the governance and accountability of cooperative enterprises, exploring their specific features in the light of regulatory developments and best business practice. By the end of the course, students will be able to: - understand the key issues relating to cooperative corporate governance and apply the governance models characteristic of different cooperative enterprises; - understand the business characteristics of a cooperative enterprise in order to design a multi-dimensional accountability model aligned with its mission and the sustainability factors that distinguish it; - understand and analyse the elements that characterise the financial statements of a cooperative enterprise.

Course contents

Co-operative enterprises in the context of profit-making and non-profit organisations: conditions for sustainability and the mutualistic purpose.
The seven principles of co-operative action applied to the current economic context.
The corporate governance model, organisation and share capital structure.
Co-operative accountability, accounting obligations and the annual financial statements. The representation of mutuality and the calculation of dividends.
The measurement and evaluation of co-operative performance according to a multi-dimensional model, from strategy to KPIs.
Analysis of business case studies within the co-operative context.

Readings/Bibliography

A. Matacena (2017), Le cooperative imprese “altere”. Mission, Governance e Accountability”.
Slides, exercises and other materials will be made available to students on the virtual platform.

Teaching methods

The course emphasises an interactive teaching approach, with lectures complemented by business case studies, practical exercises and insights from the business world. It is therefore recommended that students attend in person.

Assessment methods

Attending students

Assessment is based on:

Mid-term assessment of group work: 0–10 marks, where each group member receives the marks earned by their group/team.

Mid-term assessment with a written test: 0–10 marks.

Final individual oral examination: 0–10 marks.

ùNon-attending students

Final individual oral examination: 0–30 marks.

 

Marking scheme (scale 0–30)

<18: unsatisfactory; the student is unable to apply basic concepts to real-world problems

18–23: satisfactory; the student is able to apply basic concepts to real-world problems, but does not demonstrate full mastery of their use in decision-making

24–27: good; the student is able to apply basic concepts to real-world problems and demonstrates an ability to analyse critically, suggesting courses of action

28–30: very good; the student is able to apply basic concepts to real-world problems, demonstrates an ability to analyse critically, suggesting courses of action, and presents their ideas clearly and convincingly

30 with distinction: excellent; the student is able to apply basic concepts to real-world problems, demonstrates critical analytical skills whilst suggesting courses of action, presents their ideas clearly and convincingly, and is able to make connections with other subject areas

Teaching tools

A video projector is used to deliver the lessons.

Office hours

See the website of Emilia Gazzoni