On October 24, 2020 Geoffrey Mazullo, Adjunct Professor, School of American Law (SAL) conducted a one-day online course on corporate governance as part of the School of American Law (SAL) in Lviv, Ukraine. The SAL is a joint program of Chicago-Kent College of Law and Ivan Franko National University of Lviv, Ukraine.
This year’s SAL Lviv cohort included 12 participants, representing upper class law students and recent graduates.
The corporate governance course covered the following topics: corporate governance models (including the Anglo-US, German, Korean, Japanese, Polish and Ukrainian models); disclosure regimes; the legal and self-regulatory framework for corporate governance; monitoring of corporate performance by institutional investors; the rights and responsibilities of corporate organs, including the annual general meeting of shareholders, the board and management; shareholders’ rights; and the use of governance information by shareholders and stakeholders.
Students were exposed to financial, legal and practical aspects of corporate governance in several jurisdictions by analyzing and discussing case studies about real companies in Germany, Japan, Sweden and the United States.
In addition, students learned how corporate governance models develop due to country-specific conditions and factors (including culture, geography and history) and compared and contrasted the shareholder model with the stakeholder model of corporate governance.