Economics Of Organizations Corporate Management

This course will equip students with a framework to evaluate corporate decisions that will be relevant for management in various types of organizations. They will be introduced to the use of agency theory to understand how firms and organizations make strategic corporate decisions while being embedded in a chain of inter-connected relationships with employees, suppliers, customers and partners; and how the nature of the relationships change in response to both past actions and to the broader context in the economy. The theories will be complemented with recent empirical findings on corporate management innovations and case studies of some recent well-known failures of big organizations. The course will also lay the foundation for them to identify interesting questions and embark on research in corporate management for their honours thesis and/or future graduate studies.