Course Unit Page
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Teacher Sergio Gilotta
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Credits 3
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SSD IUS/04
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Teaching Mode Traditional lectures
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Language English
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Campus of Bologna
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Degree Programme Second cycle degree programme (LM) in Legal Studies (cod. 9062)
Academic Year 2023/2024
Learning outcomes
The seminar provides an in-depth examination of the main legal and governance issues of today’s publicly traded corporations. Adopting a comparative and international perspective, the seminar cover themes such as the nature of agency problems in publicly traded corporations, the role of institutional investors in corporate governance, the purpose of the corporation, ESG, “CorpTech”. The goal is to provide students with a in-depth, critical understanding of the key legal and governance challenges faced by today’s public firms.
Course contents
- The principal-agent problem in publicly held corporations and how ownership structure affects it
- Transactions in control
- Control-enhancing mechanisms (dual class shares, loyalty shares, pyramids)
- The role of institutional investors in corporate governance
- Shareholders vs stakeholders and the purpose of publicly held corporations
- The role of modern technologies in corporate governance
Readings/Bibliography
A reading list, mainly composed of academic articles and textbook excerpts, will be provided in due course.
Each seminar will have its own readings. For a more engaged class participation, students are encouraged to read them before each seminar.
Teaching methods
The seminars will be held by the course teacher, sometimes in joint collaboration with guest lecturers expert in seminar's topic. Active class participation is strongly encouraged.
Assessment methods
Students are required to write a 6.000-word essay on one of the topics covered by the seminars.
Teaching tools
The course teacher will use slides that will be made available to students via the course website, usually the day before the class.
Office hours
See the website of Sergio Gilotta