Corporate and Government Governance -Maksi

COURSE SYLLABUS
Corporate and Government Governance
Magister Program in Accountancy (MAKSI)
Sebelas Maret Universoty
2019

Instructor Information

Name: Prof Hasan Fauzi, MBA., Ph.D.Ak., CA., CSRS

Office Location: Faculty of Economics UNS
Office Hours: Before and after class, or by appointment
E-mail: hfauzi@icseard.uns.ac.id
Homepage: https://scholar.google.co.id/citations?user=ao7MiNAAAAAJ&hl=id

Course Description

There are two parts of governance in this course: corporate and government. The corporate governance
deals with the relationships among the many stakeholders involved and the goals for which the corporation
is governed. Principal stakeholders are the shareholders, management and the board of directors. Other
stakeholders include employees, suppliers, customers, banks and other lenders, regulators, the environment
and the community at large. Therefore, topics to be covered include board structure, roles and responsibility
of directors, board activities, the performance roles, the conformance roles, governance in public
companies, governance in family companies, and governance in non profit organization. The topic of
governance in the governmental unit will be specifically covered in the part of government governance
focusing on state financial control. The international dimensions will be included in discussion of each
topic due to the fact that international group (as customer, investor or others) is one component of the
stakeholders.

The lectures provide information on key concepts and their inter-relations supported by tutorials to
promote discussion and provide guidance to develop further understanding. An important feature is the
integration of learning and assessment via student group presentations. Independent study will be based
on recommended reading material.

At the end of the course, the students will be able to:

-Understanding the nature of corporate and government governance

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-Understanding and apply the principles of good corporate governance to governing and monitoring
organizational process (including governmental unit).

Student Learning Objectives/Outcomes

There are five major objectives for this course. This course will
1. introduce students to some basic concepts and theories in the field of corporate governance and state
financial control
2. provide opportunities for students to practice principles of good corporate governance skills through
real world case analyses;
3. offer opportunities for students to develop both oral and written communication abilities; and
4. provide knowledge and skills for students to conduct effective organizational research.

Required Textbooks and Materials

• Rober I. Tricker. .Corporate Governance: Text, Reading, and Cases (2012)

• The Indonesian Law No. 17 (2003) on State Finance
• The Indonesian Law No. 1 (2004) on State Treasury
• The Indonesian Law No. 32 (2004) on Local Government
• Selected articles

Grading Policy

Grade Element: Percent of course

grade
Individual class participation+oral test 15%
Reading Article Discussion (group) 15%
Individual Case Analysis 15%
Group Case Discussion 15%
Group project and presentation 20%
Exam (final) 20%
Total 100%

A student’s final grade (A, B, C, D, and E) will be based on the weighted average of the following SIX
categories: Individual Class Participation, Quizzes, Reading Article Discussion, Individual Case
Analysis, Group Case Discussion, Group project and presentation, and Exam, each of which will be
evaluated in the form of an expanded letter grade (A, B, C, D, E).

1. Individual Class Participation (15%)

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All students are expected to attend classes and be prepared for an oral test for review of the chapter (based
on random call on) and actively involved in the discussions during the lecture time. This part of the
evaluation will be based on his/her attendance (sign-in sheet and instructor observations) and overall
participation throughout the whole semester. Generally, a student can get an A level grade in this category
if he/she has few or no absence, is mostly on time, and participates actively on a regular basis in class
discussions.

2. Reading Article Discussion (15%)

Each student in group will be assigned to be one of the discussion leaders for a reading article for a
certain week as listed in the schedule part of the syllabus. In addition to leading discussions in front of the
class, each individual discussion leader will need to submit to the instructor, a two to three page (double
spaced) review of the reading at the time of the discussion. Coordination in leading discussions among
multiple discussion leaders is permitted and encouraged.

The quality of each student's discussion will be evaluated in the following questions:
- Does the student demonstrate a basic understanding of the assigned reading?
- Does the student use the readings as a base to develop new ideas or insights?
- Does the student apply theories and concepts learned from the course?
- Can the student formulate appropriate critiques of the readings and defend his/her position in
discussion with other class members?

3. Individual Case Analysis (15%)

Each student will conduct a two to three page (double spaced) case analysis for a designated case. There
is no fixed format for the case analysis but it generally should address the following issues:
- What are the key internal and external problems or challenges faced by the organization?
- What are the core strengths and weaknesses possessed by the organization?
- What are the main strategies used by the organization?
- What are the issues of corporate governance faced by the organization?
- What corporate governance concepts and theories can you apply?
- What critical recommendations can you come up with for the future development of the organization?

4. Group Case Discussion (15%)

Each group will research one of the real world companies listed in the syllabus and conduct a case
analysis. Students are required to find background information from various sources including libraries,
internet sites, magazines, and newspapers. At the time of the group case discussion, the group as a whole
should submit a two to three page (double spaced) analysis to the instructor. The format is similar to that
of the individual case analysis. The credit will be based on both the submitted analysis and the actual case
discussion in class.

To ensure a good quality, each group is strongly urged to start the preparation process at least two weeks
prior to the designated group case discussion date.

5. Group project and presentation (20%)

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Students will form into groups (3 students per group) and prepare a major written paper. Each group will
choose an Indonesian industry to examine. You will analyze the Indonesian companies conditions using
the tools we study in class Additionally, you will examine the points as discussed point 3 above.

Reports should be approximately 15 pages long, double-spaced, plus exhibits. They will be due the last
day of class (the first part).

6. Exam (20%)

There will be a mid-term and final as outlined in the grading structure. The tests will be a review
of concept we discussed in the class. The tests will cover text book information, possible outside
readings given in class, along with classroom discussions.

Course Scehdule

No Date/ Activities
Room
FIRST PART
1 Tue - Course Description, Expectation Sharing, and Group Forming
Sep - Chapter 1 (new 1 and 2) : Overview of Corporate Governance
9 - Announcement of Group Compositions and Group Case Discussion Assignments
- Announcement of Reading Article Assignments

2 Tue - Oral test

- Chapter 2,3, and 4 (New 4, 7,14): Board structure, activities, and its responsibility
- Reading#1: Chairman and chief executive officer (CEO)-that sacred and secret
relationship
- Case Discussion#1: Teleman Inc.

3 – Oral test
– Chapter 5 (New 2): The Performance Roles
– Reading#2: Of Strategies, Deliberate and Emergent
– Case Discussion#: Girvan Corporation Ltd.

4 – Oral test
– Chapter 6 (New 2): The Conformance Roles
– Reading#3: Audit committees-practices, practitioners and praxis of governance
– Case Discussion#3: SLT Holdings Plc

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5 – Oral Test
– Chapter 7 (new 10) : Governance in Public Companies
– Reading# 4: BOARD POWER, CEO APPOINTMENTS AND CEO DUALITY
– Case Discussion#4: Nomura Securities

6 – Oral test
– Chapter 9: (New 11):Governance in Family Firms
– Reading#5: The Board of Directors in Family Firms- One Size Fits All
– Case Discussion#5: Rothwells Limited
– Individual Case Assignment will be Due

7 - Oral test
- Chapter 10 (New 11): Governance in Non-profit Organization
- Reading#6: Are not-for-profits learning from for-profit-organizations-A look into
governance
- Case Discussion#6: University of Hong Kong Business School

MID-TERM EXAM
SECOND PART
9 - Oral Test
- Chapter : Clean and Good Governance: Accountability, Control, and Ethics (SKAK Bab
1 dan UU No. 17/2003)
- Reading #1: Clean Government and Public Financial Accountability
- Group Case Discussion#1: Cases of Local Government Efforts to Enhance
Transparency
10Tue - Oral Test
May - Chapter: State Finance: Indonesian Government’s Budget Cycles (SAKN Bab 2 dan UU
26 No. 17/2003)
Lab E - Reading#2 : Washington State Budget Process
- Group Case Discussion#3: Kontroversi Kebijakan Publik
-
11 - Oral test
- Chapter : Internal Control of Budget Implementation
- Reading: TBA.
- Group Case Discussion :
-
12 - Oral test
- Chapter : Inventory of State Assets
- Reading: TBA
- Group Case Discussion :
-

- Oral Test
- Chapter : Accounting and State Finance Reporting
- Reading: TBA
- Group Case Discussion :

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14 - Oral test
- Chapter: The Balanced Central and Local Governmental Finance
- Reading: TBA

15 - Reserved for Group Project Presentation

List of Groups:

Group# Name Remark

I Subiyanto
Adytia Yuda K. Putra

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II Arifin Dian P
Dhony Prastyonugroho

III EDy Nasrudin

Eka Setyorini

IV Endang Sri Rahayu

Farida Hendrastuti

V Fitriani Kurnawati
Ika Rochmawati

VI Indah Setyasari
Indah Widyastuti

LIST OF COMPANIES FOR GROUP CASE ANALYSES AND DISCUSSIONS

Company Name Group Number

Case Discussion#1 1
Case Discussion#2 2
Case Discussion#3 3
Case Discussion#4 4
Case Discussion#5 5
Case Discussion#6 6
Enron For Individual Case
WorldCom For Individual Case
Barings For Individual Case
Shell For Individual Case

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LIST OF READING ARTICLES AND DISCUSSION LEADING ASSIGNMENT

(Finalized after the first class)

Reading Article Discussants’ Names

- Reading#1:
Subiyanto Adytia Yuda K. Putra
- Reading#2:
Arifin Dian P Dhony Prastyonugroho
- Reading#3:
EDy Nasrudin Eka Setyorini
- Reading#4:
Endang Sri Rahayu Farida Hendrastuti
- Reading#5:
Fitriani Kurnawati Ika Rochmawati
- Reading#6:
Indah Setyasari Indah Widyastuti
.

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THE FLOW OF TEACHING PROCESS

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TE

To determine the
Quizz -Pres Test Students' prelimanary
Every class Meeting Understanding

Question sand To provide students

Ansswers Session and with opportunity to
Extended confirm students'
Explanantion understanding

Students'
Understanding To determine students '
Evaluation by understanding level of
Instructor through the Chapter after
Reading presentation treatment

Clossing: Q & A Session To test students'

and understanding with
Quizz: Post Test some oral
questions

To test students'
Paper Project and articulation skill and
Presentation critical thinking with
at the end of program some selected and
related articles

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A SHORT SURVEY
(To be submitted to the instructor after the first class)

Name (Please Print):

Phone Number:

E-mail Address:

1. What is your current position in your organization (or company)?

2. What is your career objective?

3. What are your general expectations from this course?

4. Are all the requirements and class policies listed in the syllabus clear to you? If not, which
specific part do you need more clarifications?

5. How many hours do you plan to spend on this course each week?

6. Any specific suggestions you may have for the course to be successful?

(Thank you)

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