There are two main purposes in this course.
The first one is to introduce agency theory and outline how it conditions the performance accessment inside corporations, namely how corporate governance is an applied extension of this theory. A second dimension of this purpose is to illustrate how informational setting inside the companies mitigate and condition the agency problems arising in the company.
A second purpose of this course is  very applied and technical one, namely introducing a more instrumental dimension of what was explained in theory: the first aspect of this being executive compenation and how it plays a role in aliging incentives and replacing the need for performance measurement; and secondly continuing from abovey specific accounting tools balanced scorecard, total cost management, cost enginnering.

Prerequisites: None