Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2022-2023 (archived)

Module ACCT3141: Corporate Governance

Department: Accounting

ACCT3141: Corporate Governance

Type Tied Level 3 Credits 20 Availability Available in 2022/23 Module Cap None. Location Durham
Tied to N408
Tied to N409


  • None


  • None

Excluded Combination of Modules

  • None


  • The module aims to provide students with:
  • an understanding of the history of corporate governance and the reasons for its continued development;
  • knowledge of the key principles of best practice in corporate governance, with specific reference to the UK Corporate Governance Code;
  • an insight in to the governance and stewardship role of institutional investors;
  • an understanding of the reasons for and impact of differences in systems of corporate governance globally;
  • an ability to critically analyse and discuss an organisations corporate governance arrangements.


  • Introduction to Corporate Governance
  • Regulation of Corporate Governance
  • Board Leadership & Company Purpose
  • Division of Responsibilities
  • Composition, Succession and Evaluation
  • Audit, Risk and Internal Control
  • Directors Remuneration
  • Stewardship
  • International Corporate Governance

Learning Outcomes

Subject-specific Knowledge:
  • By the end of this module students should have a specialist knowledge and understanding of:
  • theoretical frameworks that underpin corporate governance;
  • regulation and legislation of corporate governance globally;
  • characteristics and components of an effective board of directors;
  • key roles within a board and their responsibilities;
  • the need for a transparent appointment process to recruit board members;
  • the role played by internal and external audit in corporate governance;
  • the need for risk management and internal control systems;
  • the importance and determination of board remuneration;
  • the stewardship role played by institutional investors;
  • the difference in corporate governance within a global environment.
Subject-specific Skills:
  • By the end of this module students should be able to apply their understanding of corporate governance in the analysis of board arrangements in different forms of organisation.
Key Skills:
  • Written and verbal communication
  • Planning, organisation and time management
  • Problem solving and analysis

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • A combination of workshops and guided reading will contribute to achieving the aims and learning outcomes of this module. Investigation of scenarios which underpin the workshops will encourage students to develop awareness of the potential effects of various corporate governance mechanisms.
  • Formative assessment is a mock exam to test students understanding of corporate governance practice in business scenarios.
  • Summative assessment is by means of a written examination.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Workshops 9 2 per week 2 hours 36
Revision Workshop 1 Once 2 hours 2
Preparation, Reading and Independent Study 162
Total 200

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Written examination 3 hours 100% Same

Formative Assessment:

Mock exam

Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University