AC412 Half Unit
Accountability, Organizations and Risk Management
This information is for the 2008/09 session.
Teachers responsible
Professor M.K. Power, H606, Professor W.A. Van der Stede, A213, and others
Availability
This course is intended for students on MSc Accounting and Finance, MSc Law and Accounting, MSc Management, Organisations and Governance, MSc Management and Regulation of Risk, MSc Management (two-year), MSc Public Management and Governance and MPA Public Policy and Management/MPA Public and Economic Policy. Other students may be admitted only with the agreement, in writing, of the MSc (Accounting) Course Tutor. Course content
This is an advanced course focusing on the organisational and institutional settings within which risk is managed.
The first five lectures deal with key issues in organizational responses to risk and uncertainty, including the impact of disasters and accidents and the growing formalization and standardization of risk management practice. The second five lectures will deal with specific topics where values of accountability and governance intersect with organizational risk management practices. The overall purpose of the course is to provide students with a critical appreciation of the management of risk as an organisational and social process. The course is necessarily cross-disciplinary, drawing on scholarship within accounting, organizational sociology and regulation studies. Teaching
Twenty hours of lectures (LT) and ten hours of classes (LT).
Formative coursework
Two pieces of written work will be assessed during the term but the grades will not count towards the overall course assessment.
Reading list
No single book covers the entire course. Key readings include: Hutter & Power (eds) Organizational Encounters with Risk, (Cambridge, 2005); Power, Organized Uncertainty: Designing a World of Risk Management (Oxford, 2007); Turner & Pidgeon, Man-Made Disasters, (Butterworth/Heinemann, 1997); Vaughan, The Challenger Launch Decision, (Chicago, 1997); Short & Clarke (eds) Organizations, Uncertainties and Risks (Westview, 1992); Weick & Sutcliffe, Managing the Unexpected: Assuring High Performance in an Age of Complexity (Jossey-Bass, 2001).
Assessment
Two-hour written examination in the ST (100%). ^
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