1. LEB Lecture 6 Case 6 Matti Rudanko

2. Case:CSR, C ORPORATE G OVERNANCE AND R ISK M ANAGEMENT IN C OMPANIES Task: 1.Interaction between legal rules (e.g. company law and securities markets law) and self regulation (codes of conduct, standards of business activities) 2.Compliance regulation 3.Soft law type of regulation 4.CSR, CG and Risk Management

3. Lecture 6: Slides Slide sets: 6,7, 7b (Others to be added) LEB Lecture 6 3

4. Search of Regulation Material Links to Finnish legislation translations : http://www.finlex.fi/en/laki/kaannokset/haku/?search%5Btype%5D=pika&se arch%5Bpika%5D=Act+on+Investment+Firms&submit=Search http://www.finlex.fi/en/laki/kaannokset/haku/?search%5Btype%5D=pika&se arch%5Bpika%5D=Act+on+Investment+Firms&submit=Search Finnish Companies Act: http://www.finlex.fi/fi/laki/kaannokset/2006/en20060624.pdf http://www.finlex.fi/fi/laki/kaannokset/2006/en20060624.pdf Finnish Corporate Governance Code 2010: http://www.nasdaqomx.com/digitalAssets/71/71589_finnish_cg_code_2010.pdf http://www.nasdaqomx.com/digitalAssets/71/71589_finnish_cg_code_2010.pdf Links to EU legislation: http://eur-lex.europa.eu/en/tools/sitemap.htm (by indicated search keys, e.g. document number)http://eur-lex.europa.eu/en/tools/sitemap.htm LEB Lecture 6 4

5. Other Material and Further Reading Peter Fleming (Queen Mary's University) - Marc T Jones (Ashridge Business School): The End of Corporate Social Responsibility. Crisis and Critique (SAGE Publications Ltd 2013, 144 pages) http://www.uk.sagepub.com/books/Book234489 Exam textbook: Bagley, Constance E., Dauchy Craig E. (2012) The Entrepreneur's Guide to Business Law (4th ed., Cengage Learning) On CSR, corporate governance, risk management etc.: https://noppa.aalto.fi/noppa/kurssi/32e28000/materiaali?state:Course Dynamic=BrO0ABXcgAAAAAgAAGWVkaXRVc2VyV2FudHNUb0NoYW 5nZUZpbGVzcgARamF2YS5sYW5nLkJvb2xlYW7NIHKA1Zz67gIAAVo ABXZhbHVleHAAdxoAABdhZGRNYXRlcmlhbERpYWxvZ0hpZGRlbnN xAH4AAAE%3D https://noppa.aalto.fi/noppa/kurssi/32e28000/materiaali?state:Course Dynamic=BrO0ABXcgAAAAAgAAGWVkaXRVc2VyV2FudHNUb0NoYW 5nZUZpbGVzcgARamF2YS5sYW5nLkJvb2xlYW7NIHKA1Zz67gIAAVo ABXZhbHVleHAAdxoAABdhZGRNYXRlcmlhbERpYWxvZ0hpZGRlbnN xAH4AAAE%3D Please make use of your knowledge of IB, Accounting, Finance, Logistics, and other business economic or legal know how LEB Lecture 6 5

6. Possible Tasks and Questions LEB Lecture 6 6 Please account for the: 1.Interaction between legal rules (e.g. company law and securities markets law) and self regulation (codes of conduct, standards of business activities) 2. Soft law vs. mandatory law 3. Compliance regulation 4. CSR, CG and Risk Management

7. Topics and Issues Interaction of Various Types and Fields of Regulation Official rules / self regulation Soft law / mandatory law Company law and securities (markets) law Other fields of law regulating the topic Compliance Regulation Compatibility with Finnish regulation traditions and framework Practicality CRS, CG and Risk Management CSR and company law Profit generating purpose Liability of management Corporate Governance Risk management in companies Legal and other risks LEB Lecture 6 7