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Module Activities
- Study the Prisoner's Dilemma to help you formulate the central challenges of corporate governance.
- Study four different approaches to corporate governance, (1) agency theory, (2) the stockholder ap proach, (3) the stakeholder approach, and (4) stewardship theory.
- Examine corporate governance from the macro level by (1) looking at the structural changes a company can make to comply with legal and ethical standards and (2) examining the balances that government must make to control corporate behavior and yet preserve economic freedom.
- Design a corporate governance program for an actual company that you and your group choose. It should be a company to which you have open access. You will also be required to take steps to gain the consent of this company for your study.
- Reflect on how to integrate this module's macro description of corporate governance with the micro perspective presented in the module on moral ecologies and corporate governance.
Corporate Governance Plans
- A corporate code of ethics that responds to the specific ethical problems uncovered by your profile of the corporation you are studying.
- A corporate ethics training program designed to acquaint employees, owners, and managers with the company's value aspirations and compliance objectives.
- A Corporate Ethics Audit designed to identify and minimize ethical risks.
- A comprehensive ethics compliance program that responds to the requirements set forth in Sarbanes and Oxley as well as the Federal Sentencing Guidelines.
- A program in corporate excellence designed to articulate and realize the core values that define your company's identity and integrity.
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