B8575-001: Fundamentals of Governance
R - Full Term, 08:30AM to 11:45AM
Credit hours: 3.0
Location: Geffen-390
Method of Instruction: In Person
Instructor: Bruce Kogut
This course provides the foundations to the varieties of governance solutions. The goal is to understand governance not as compliance but as design which adds substantial value when done correctly. In the standard view of the shareholder model of governance, corporate governance seeks to make organizations more efficient. In reality, governance is more complex than that; it is as much about power as it is about efficiency. In this course, we analyze different governance structures function, how power matters, and how they achieve efficient outcomes and sometimes fail. We will spend more than a half of the time on corporate governance, and the remainder of the time on specialized topics, from business groups in India, Korea, and China, governance of social media platforms, privatization and state, and the Super League (football aka soccer). We will have several visitors to inspire us. Case preparation is important, the exercises are fun (I think), designing an activist campaign may make you a fortune (or not), and the final group assignment on designing governance for the DAO is a hoot.
Bruce Kogut
Sanford C. Bernstein & Co. Professor of Leadership and Ethics
Bruce Kogut is the Sanford C. Bernstein & Co. Professor of Leadership and Ethics at Columbia Business School. He teaches courses on Governance, Governance and Ethics, and Business Strategies and Solving Social Problems. He has taught in executive programs in the US, Europe, and China.
His current research focuses on governance and corporate compensation, social capital markets and social metrics, and the...