Objectives of Programme's Learning Outcomes

• Be independent and regularly adapt to new contexts.
• Monitor knowledge and methodological approaches in order to evolve their thinking and practice.

Learning Outcomes of UE

The focus of this course will be on the ownership structures of companies and more specifically those of large groups listed on the stock market. After a contextualization of two markets (Belgian and French), the student will be led to understand the reasons for the evolution of capital structures and the power relationships between shareholders. Particular attention will be paid to institutional investors, their activism and the possibility to coalesce with other shareholders. The course will be largely based on a case study approach.
 

UE Content: description and pedagogical relevance

Evolution of the capital orientation of Belgian companies ;
Evolution of the capital orientation of the French market ;
Study of the shareholder power relations on the Belgian market ;
Study of the shareholder power relations on the French market ;
Activism of institutional investors ;
Shareholder coalition within companies and governance models;
Case studies

Prior Experience

Not applicable

Type(s) and mode(s) of Q1 UE assessment

• Written examination - Face-to-face

Q1 UE Assessment Comments

2 theoretical questions and 2 case studies

Type(s) and mode(s) of Q1 UE resit assessment (BAB1)

• N/A - Néant

Q1 UE Resit Assessment Comments (BAB1)

g

Type(s) and mode(s) of Q3 UE assessment

• Written examination - Face-to-face

Q3 UE Assessment Comments

idem Q1