Turun yliopisto Avoimen yliopiston Nettiopsu

Avoimen yliopiston Nettiopsu

Kirjaudu Avoimen yliopiston Nettiopsuun. Kirjaudu

PYJ25 Corporate Governance and Sustainability 5 op

PYYJ2042, Yritysjuridiikka, Pori, Turun kauppakorkeakoulu


The course covers the main norms and themes related to sustainability in corporate governance context.


The focus of corporate governance has traditionally been on the relationship between the board of directors and the shareholders and on how the companies are best run to maximize the shareholders profits. However, in recent years sustainability issues (such as climate change and human rights) have become urgent matters of corporate governance. Companies and investors can no longer ignore these questions. After completing the course, the student will understand how sustainability issues call for awareness of company boards and investors. The student understands how current company law regime can be seen as a possible barrier to sustainable development. The student learns to evaluate current sustainability challenges of corporate governance.


Written assignment. Further instructions in Moodle.


Lectures 12 h and exercises 6 h, independent work with the assignment 117 h. **Spring semester 2021, period III (11 January - 21 February 2021)** The course in arranged as integrated into degree studies and lectures take place during the day (Mon-Fri, between 8 a.m. and 4 p.m). Please check the course timetables [from the study guide of Turku School of Economics](https://opas.peppi.utu.fi/fi/opintojakso/PYYJ2042/19740?period=2020-2022), choose Toteutukset/Implementations. Lectures are organized via remote access (dates and times are given on course timetable above)



The student will be evaluated based on the written assignment.


1. Sjåfjell, Johnston, Anker-Sørensen & Millon (2015) Shareholder primacy: The main barrier to sustainable companies. In Sjåfjell & Richardson (eds.) Company Law and Sustainability: Legal Barriers and Opportunities (pp. 79 - 147). 2. Mähönen , Johnsen (2019): Law, Culture and Sustainability. Corporate Governance in the Nordic Countries. In The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability, Chapter 16. (14 pages). 3. Bogojevi. (2016) Climate change law and policy in the European Union. In Grey et al. (eds.) The Oxford Handbook of International Climate Change Law. (21 pages). 4. Morgera (2012) Multinational corporations and international environmental law. In the Routledge Handbook of International Environmental Law, pp. 189 - 206. 5. UN Sustainable Development Goals. 6. UN Guiding Principles on Business and Human Rights. Related materials: The European Green Deal. COM(2019) 640 final. (24 pages). The 2015 Paris Climate Agreement (27 pages). OECD Guidelines for Multinational Enterprises (95 pages).


Rosanna Virtanen


Turun yliopisto, Pori


[Education coordinator Mia Stening]( https://www.utu.fi/fi/avoin-yliopisto-opetus/opintoneuvonta-ja-yhteystiedot), [Student Services Secretary Elina Iso-Ilomäki]( https://www.utu.fi/fi/avoin-yliopisto-opetus/opintoneuvonta-ja-yhteystiedot), avoin-tse[at]utu.fi


Ilmoittautuminen on päättynyt.


75,00  €

Payment for studies should be paid within 24 hours after the registration using online bank or otherwise the registration is cancelled. In case an online net bank payment is not possible, the student must contact Student Services Secretary in advance before registration (we charge 15 euros extra for paper invoice).

Edeltävät opinnot

Recommended preceding studies PYJY1 and PYJ3 or other basic course of company law. Sufficient English skills.