CORPORATE GOVERNANCE

M1 ECO

Erragragui Elias
elias.erragragui@u-picardie.fr
 Group work – case study
 The case study focus on the reporting and analysis of Corporate Governance
quality of 5 firms that belong to the same sector. This group work comprises
TWO parts:
1. Constitution of a detailed Corporate Governance scoring for each firm
(methodology + scores)
2. Writing of a complete argued note that will synthesize the main trends,
outlines and conclusions.
 Group work – case study
 Missions :
1. Select 5 listed multinational firms from the same industry (sector)
2. Each member of the group will work on one firm, then you’ll compare your
results
3. The analysis should focus on its governance structure, processes and
practices based on all publicly available information (reports, press articles,
interviews, media sources, etc…)
4. Develop a structured scoring methodology (use excel tables and graphics)
5. Compose a detailed note including the tables/graphics and a comparative
analysis (word or pdf format)
1. Ex: Lead/lag firms
2. Best/worst/controversial practices
6. Submit the report (doc or pdf) by mail to (elias.erragragui@u-picardie.fr)
before the 13/10/2019.
 Group work – case study
1. Firms’ identification
 All firms should be listed
 Collect relevant source of information available to public
 (financial and CSR reports, press articles, interviews, media sources,
etc…)
 Identify firms’ economic position (size, activities, subsidiaries,
geographical localisation, performance trends, etc…)
 Investigate its ownership structure
 Investigate its public image (among experts/specialized journals/rating
agencies/awards & prizes)
 Group work – case study
2. Corporate Governance performance
Þ List of criteria (see IFC Governance-Assessment-Tool)
http://cgdevelopmentframework.com/cg-development-framework/
 Commitment
 Board and decision making
 Transparency and Disclosure
 Shareholders’ role
 Family Governance
Þ Improve the methodology by adding new criteria that you consider
relevant or based on best practices (ex: ESG reporting/stakeholders’
implication)
 Rate each criteria and provide the source of the information
 Report the results for each of the subdomains
 Different weight of criteria
 Group work – case study
2. Corporate Governance performance
Þ List of criteria (see IFC Governance-Assessment-Tool)
 Commitment
 Board and decision making
 Transparency and Disclosure
 Shareholders’ role
 Family Governance
 ESG reporting/stakeholders’ implication