Materials for Faculty Who Participated in the IFC-Sponsored "Corporate Governance Roundtables" in Tirana, Albania and Sarajevo, Bosna i Herzagovina   Thank you for your participation in our recent university sessions. I greatly enjoyed my visit with you. This page contains links to some of the materials used in our sessions, and also to related corporate governance materials. Some of this materials are password protected, as they are intended only for the participants. If you are a participant and need the password, you can contact me (laux@udel.edu) or Mr. Keler Gjika of IFC Albania (kgjika@ifc.org).

 

   
  • Here is a printable file of the slide package that I used in my presentation.
  • Here is a file containing three syllabi from Corporate Governance courses. These courses vary in their methods and in the exact topics presented. For example, one is very internationally oriented and one is very US oriented. The share a focus on the importance of minority investor protection as a way to fostering socially productive business investment.
  • Here is the court case concerning Ford that we discussed.
  • Here is a link to the article we discussed on the Bulgarian legal change of 2002, and its good effect. One of the authors (Bernard Black, a legal scholar from the University of Texas), also has a lot of articles on Russian and Korean corporate governance. Just click on his name at the linked page to see his other work.
  • Here is a one-page article from the financial press, concerning the debate over 'majority voting' in the US. The related slide on this topic are numbers 67 and 73 from the package above. For teaching, it is possible to gather summaries of discussions/debates, like this one from the financial press on the web. The people who are represented in the article came to the University of Delaware to discuss the matter---and what I learned from them was much the same as represented in the article. Thus, for developing teaching materials, one could make good use of such discussion articles.
  • Here are a few links to corporate governance studies of emerging markets/developing economies.
  • A former colleague of mine from Case Western Reserve University who is a Political Science professor, has written a book about the African experience of establishing stock exchanges. Her name is Kathryn Lavelle, and you can find a little information on the book her website at CWRU.
  • Brasil recently set up a special section of their stock exchange to trade companies that are willing to hold themselves to unusually-high standards of corporate governance. The result has been strong stock performance for those companies, apparently as a direct result of their bonding to investors. Here is an article about what happened and how.
  • Here's a think-piece on the importance of teaching corporate governance as a theme within a course on corporate finance. The core point is that law, ownership, and the bank-or-markets orientation of a country have strong influence on corporate financial management that should be highlighted for students.

Return to Laux's Home Page.