COURSE NUMBER: EWMBA296-11

COURSE TITLE: Corporate Governance

UNITS OF CREDIT: 1

INSTRUCTOR: Benjamin E. Hermalin

E-MAIL ADDRESS: hermalin@haas.berkeley.edu

CLASS WEB PAGE LOCATION: bSpace

MEETING DAY(S)/TIME: Sunday, 4/11, 10am-6pm, C210 and Sunday, 4/18, 10am-6pm, C210

PREREQUISITE(S):  None

CLASS FORMAT:  Mixture of lecture, cases, and discussion

REQUIRED READINGS: TBD

BASIS FOR FINAL GRADE:  Class participation, exam

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES: 
An overview of the basic components of corporative governance.  Frameworks for understanding governance.  Discussion of issues relevant to directors and managers.  Executive compensation design.

BIOGRAPHICAL SKETCH:
Benjamin E. Hermalin holds professorships in both the Economics Department and in Berkeley's Haas School of Business. In the latter, he is the Thomas & Alison Schneider Distinguished Professor of Finance. He also serves on the editorial board of the Journal of Economic Literature. He recently completed a two-term appointment on the editorial board of the American Economic Review. Professor Hermalin received his PhD from MIT in 1988, the same year he joined UC Berkeley as an assistant professor in the Department of Economics and the School of Business. He became a full professor in 1998. From 1999-2006 he was the Willis H. Booth Chair in Banking & Finance. He received the Schwabacher Award for outstanding teaching and research in 1993, and the Earl F. Cheit Outstanding Teaching Award in 1991. From 1999 to 2002, he served as the Haas School's Associate Dean for Academic Affairs and Chair of the Faculty. He was the Interim Dean of the Haas School for most of 2002. He served as the Economics Department Chair from 2005 until 2008. His areas of research include corporate governance, the study of organizations, and law & economics.