Introduction
The Nordic model of corporate governance (CG) was described and explained by a group of experts from Denmark, Finland, Norway and Sweden in a report that was published by SNS (Studieförbundet Näringsliv och Samhälle) in 2014. Hanken Centre for Corporate Governance (HCCG) at Hanken School of Economics (Hanken Svenska handelshögskolan) in Helsinki, Finland was actively involved in producing this document and is now planning to arrange a joint Nordic course on Nordic CG for Master’s students in the Nordic countries. The whole course will be centred on Nordic case studies, since it is well known that case studies provide the most efficient way of learning in business studies.
Corporate Governance is a relatively new area in business economics. Substantial differences still exist in the framework and interpretation of main concepts. To strengthen the case for Nordic governance solutions, it is important to create a common framework for CG in the Nordic countries. Governance that is internationally seen as trustworthy will make it easier for Nordic companies to finance a global expansion of their activities. The aim of this course is to increase the students’ knowledge in Nordic CG and in the difficult trade-offs that characterize CG in practice. The course also strives to develop active collaboration between future CG experts in the Nordic countries.
With their future career in mind the students participating in the course will have a great advantage of actively networking with students from other Nordic countries. The present crisis in the European Union and its uncertain future makes Nordic collaboration even more important.